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Old 05-17-2013, 03:01 PM   #11
Emperor Smeat
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Kings moving or not moving saga finally got settled as the Maloofs sold their majority share to the Sacramento group for $535 million ($10 million more than before).

Decided it wasn't worth the headache to keep trying to convince the NBA to let them sell the team or a 20% share to the Seattle group.

Maloofs end up pocketing around $200 million after debts are paid off and just a $44 million profit compared to when they originally bought the team.
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