May 17, 2013 at 10:26 AM
SI report — Hansen offered deposit back, declines to take it
Chris Mannix of SI.com is reporting today that the NBA offered the Seattle ownership group to pay back the $30 million deposit it gave to the Maloof family, but has declined:
League sources say owners offered to pay Hansen-Ballmer group the $30 million non-refundable deposit they paid the Maloofs. They declined
— Chris Mannix (@ChrisMannixSI) May 17, 2013
It’s unclear why the Seattle group would turn down the money.
Also today, the Sacramento Bee is reporting that the deal to sell the team to a Sacramento group has been signed.
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