Again, why doesn't the NBA just add another team for Seattle, rather than taking one from Sacramento
For a long time ("Baseball, hotdogs, Congress, and misplaced priorities" from 2006) I have argued that there should be Congressional hearings on how professional sports leagues play cities off each other to get the best deals for teams in terms of funding for stadiums, arenas, and other infrastructure.
The competition between Seattle, which lost its SuperSonics to Oklahoma City a few years ago, in large part because the citizens would not vote in favor of public funding for a new arena, and Sacramento which still has the Kings basketball team, majority owned by a financially-pressed family with limited ties to the area, is another example of why such hearings (and ideally, strictures on the use of public monies for such ventures) are in order.
The Maloofs want to sell the team, and are happy with it being relocated. Obviously, the politicos and stakeholders in Sacramento want to keep the team, because in their eyes, it makes them "major league" (being the state capital isn't enough).
And a rich guy who grew up in Seattle would like to buy the Kings and move them to Seattle--this after the City of Sacramento developed an alternative for the Maloofs, with a new arena and a goodly deal of public funding.
After the Maloofs seemingly agreed and then backed away from the agreement with the City of Sacramento, the Seattle-focused group stepped in and the Kings team owners welcomed them with open arms.
The City of Sacramento then organized a competitive group-offer ("Sacramento, Seattle 'in the same ballpark' on Kings bids, Stern says" from the Sacramento Bee) and the two offers are competing for selection by the NBA Board of Governors.
In a blog entry in early March ("Seattle vs. Sacramento and professional basketball: why can't the NBA just expand?"), I argued that the NBA should just expand, that they shouldn't be pitting two cities against each other for one team. The Sacramento Bee ran an editorial ("NBA should look to expand, think global" this weekend, arguing the same point.