April 1, 2013 at 1:44 PM
McGinn, Constantine will be part of Seattle presentation to NBA
Seattle mayor Mike McGinn and King County Executive Dow Constantine will each be part of the Seattle group making a presentation in front of the NBA’s combined relocation and finance committees in New York later this week. Each confirmed the news in Tweets they sent this afternoon (which you can view below).
Groups from both Seattle and Sacramento will meet before the committee as the battle for the fate of the Kings hits its last days.
A Seattle group led by Chris Hansen has reached an agreement to buy the team from the current controlling owners, the Maloof family. But that offer must be approved by the NBA Board of Governors, which will vote when it meets in New York April 18-19.
The finance and relocation committees will meet in New York on Wednesday to hear presentations from both sides and then likely give a tentative recommendation for the entire BOG to consider when it meets two weeks later.
McGinn and Constantine each worked with Hansen’s group in developing a plan for a $490 million Sodo arena, and each will be on hand to answer questions from the NBA concerning that process, among other items.
One possible topic could be the status of KeyArena, where the Sonics would play for at least two seasons while the Sodo arena is constructed. It has been reported that Hansen and the city could soon announce up to $20 million in additional improvements to KeyArena. However, there is no official confirmation yet of that announcement.
— Dow Constantine (@kcexec) April 1, 2013
— Mayor McGinn (@mayormcginn) April 1, 2013