The NBA has received an official offer from 24 Hour Fitness founder Mark Mastrov and billionaire Ron Burkle to buy the Sacramento Kings and keep the team from moving to Seattle.
NBA spokesman Tim Frank confirmed the league received the bid Friday.
Sacramento Mayor Kevin Johnson had announced the Mastrov-Burkle bid during his State of the City address Thursday night. Johnson tweeted Friday: ``The proposal is IN!! A proud day for Sacramento!!''
Mastrov is hoping to become the majority owner of the team. Burkle will lead the effort to build a new downtown arena that he hopes will lure back a WNBA franchise.
A Seattle group has a signed agreement to buy the Kings from the Maloof family. The NBA Board of Governors is expected to vote by mid-April on the bid.
If the league blocks the Seattle deal, the Maloofs would still have to agree to sell the team to any prospective buyers.

Top NBA Public Bets

NBA Top Stories

Thumbnail Daunting challenge awaits Payton, Orlando Kevin Durant’s always been considered a proficient long-range shooter. Now that the small forward resides in Golden State, though, we’re witnessing the...
Thumbnail Lakers vs. Mavericks Pick Can the Dallas Mavericks handle their business at home when they host the Los Angeles Lakers today at 3:30PM ET?
Thumbnail Marquee matchup on tap in Buckeye State There’s no disputing that the Cavaliers flunked Monday’s test vs. the Western Conference-leading Warriors. But how will Tyronn Lue’s troops fare against the...
Thumbnail Rockets vs. Grizzlies Prediction Fresh off their loss to the Warriors, will the Rockets lose back-to-back games when they visit the Grizzlies at 8:00PM ET?
Thumbnail Blazers vs. Celtics Prediction Are the Celtics a good bet to cover the spread coming off a loss when they host the Trail Blazers today at 5:00PM ET?

NBA Team Pages