Sacramento Kings Sold: Seattle Supersonics Are Back - SportsRelocation.com

The Sacramento Kings are about to be sold to the Seattle investment group led by Chris Hansen and Microsoft Chairman Steve Ballmer for an estimated $500 million, making it the highest price paid for a professional basketball team.

The deal has not been finalized, but all reports say that could happen in the next few days.  If so, the Seattle-based group will have until March to file for relocation, a mere formality since NBA Commissioner David Stern strongly supports the Hansen-Ballmer group.

Seattle has been without a team since the franchise was purchased and moved to Oklahoma City.  The new team would retain the name Sonics, and would participate as the Sonics for the 2013-2014 season.

Under the plan, the Sonics would play two seasons in Key Arena before moving to a new Seattle arena which has yet to be built.

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The Sports Relocation team is waiting to hear from you. Our primary goal is to assist you with all of the challenges related to transitioning into your new home. Visit us at http://www.SportsRelocation.com or call us at 800-783-1421

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