Sacramento Unveils Plans to Keep Kings 3/1/13
SACRAMENTO, Calif. - Sacramento Mayor and former NBA player Kevin Johnson has announced plans to keep the Kings in the city.
Mark Mastrov, founder of 24 Hour Fitness, will submit to the NBA today a bid to buy the team. Pittsburgh Penguins billionaire co-owner Ron Burkle will lead the effort to build a new downtown arena that he hopes will also lure back a WNBA franchise.
The Associated Press and other news outlets have reported since Jan. 22 that Mastrov and Burkle were working on a plan to keep the Kings from relocating to Seattle. Burkle also expressed interested in buying the Kings two years ago and met with NBA Commissioner David Stern at the league's New York headquarters in January before deciding to back out of the bid.