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 Will Fox be a top-5 pick? With the 2017 NBA Drafttakes place later tonight. Where can we expect one of the top prospects, De’Aaron Fox, to land tonight?
Thumbnail Fultz to go to the 76ers? The Boston Celticshave traded out of the No. 1 pick. The Philadelphia 76ersnow hold the top pick once again. Is it a slam dunk who they will take in the NBA...
Thumbnail 2018 NBA Finals Odds After dominating the 2017 NBA Playoffs, will anyone keep the Golden State Warriors from winning the NBA Finals again...
Thumbnail Stephen Curry Game 5 Props Will Stephen Curry bounce back from a poor showing in Game 4 when the Golden State Warriors host the Cleveland Cavaliers in Game 5 of the NBA Finals tonight at 9PM...
Thumbnail Will James get another triple-double? Will LeBron James add to his NBA Finals record of nine triple-doubles when the Cleveland Cavaliers take on the Golden State Warriors in Game 5 of the NBA Finals...

NBA Team Pages