Stern: 'The real winner here is Sacramento'
Last week, Chris Hansen's Seattle-based group of investors increased the valuation of their bid to $625 million. (AP)
The NBA is standing behind the Sacramento Kings. Once again, they denied the bid to relocate the franchise to Seattle, and Chris Hansen, the leader of the group trying to move the team, posted a statement on the Seattle Arena website following the ruling.
As one might imagine, Hansen and his group of investors are not giving up their quest to bring a team back to Seattle:
"While we are obviously extremely disappointed with today’s relocation vote and truly believe we put forth both a significantly better offer and Arena plan, we do thank the league and the owners for their time and consideration and look forward to hearing back on our agreement to join the Maloofs as Limited Partners in the Kings.
But most of all I would like to thank everyone in Seattle who has been a part of our effort and supported our cause. Words simply can’t express how much your support has meant to me personally and to our City. I truly believe we did everything possible to put our best foot forward in this process and you all should be proud and hold your heads high today.
Our day will come...and when it does it will just be that much sweeter for the struggle.
I love you Seattle!"