Latest On Kings, Potential Move

December 2 2012 at 9:57am CST By Chuck Myron

With an eye toward next spring's deadline to relocate for 2013/14, the Maloof family, who own the Kings, are studying their options, as Ailene Voisin of the Sacramento Bee details. George Maloof, who has reportedly met with the Virginia governor and Virginia Beach mayor, is "particularly intrigued" with the proposed arena deal in Virginia Beach. Either the Maloofs or a family representative have spoken recently with officials in Seattle, San Diego, Kansas City and St. Louis, Voisin reports.

On the court, the team's dispirited play could cost basketball president Geoff Petrie his job "within weeks," Voisin writes. Petrie, the longest-tenured personnel chief in the league, is in the final season of his contract. Even if he's let go, coach Keith Smart is likely to stay, given his support from the Maloofs, Voisin notes.

While brothers Joe and Gavin cling to the belief that Sacramento can work, George Maloof is the leading voice within the family in favor of a move, according to Voisin. The family is united in its refusal to sell the team, which makes it somewhat more likely the team will stay, since investor Chris Hansen would likely outbid all other suitors and deliver the team to Seattle. The refusal of the Maloofs to sell could prompt Hansen and Seattle to look elsewhere for a team.

Voisin also provides detail on a local group trying to secure $120MM to $150MM in financing for a renovation of the existing Sleep Train Arena. The Bee scribe calls upon the Maloofs to overcome their fears of another public relations misstep and speak candidly about the future of the franchise, believing public trust and support of the Kings in Sacramento can't be rekindled until that happens. 

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