Seattle Group Increases Bid by $25 Million

... valuation of $550 million, up $25 million from the previous franchise valuation of $525 million. Hansen and Microsoft CEO Steve Ballmer have a binding agreement with the Maloof family to buy the Kings. If the sale is approved by the NBA's Board of ...

http://www.hoopsworld.com/seattle-group-increases-bid-by-25-million?#038;#038;