February 26, 2013 at 8:10 AM
Report — Minority owner has plan to buy Kings, keep them in Sacramento
FOX40News in Sacramento reported late last night that it has learned of a current minority owner of the Kings, John Kehriotis, hatching a plan to buy the Kings and build an arena to keep the team there.
Here is that story.
This would be a different plan from the one that has been speculated about often involving Ron Burkle and Mark Mastrov, which is referred to here in Tuesday’s Sacramento Bee story, which makes no mention of Kehriotis. It is Burkle and Mastrov who have been assumed to be the “whales” who would save the team for Sacramento (the Bee had this writeup of the FOX report). There had been one report yesterday that the announcement of the whales would come Thursday.
No comment as yet from any of the involved parties, or Sacramento mayor Kevin Johnson.
As the Bee story notes, the Sacramento City Council is expected to discuss the arena at its meeting tonight.
Also, in case you missed it, here is our story for Tuesday’s paper on plans being made to get KeyArena ready for the Sonics next season.