JawandaPuck
Lost Art of Dynasty
The "Pocket Suites" at the lower level of the proposed Seattle Arena
An interesting article about Chris Hansen's journey from childhood through to today...
The man who would bring the NBA back to Seattle
http://seattletimes.com/html/localnews/2020775555_hansenprofilexml.html
It's also interesting that Chris Hansen chose the Palms for his big birthday bash in 2007. At the time, majority control was in the hands of the Maloof family. (They weren't forced to cell until 2010)...
Perhaps Hansen has been in contact with the Maloofs about the Kings much longer than we might otherwise be led to believe.
As for The Palms, George Maloof still runs the place and the family has an option to purchase back 20%. With gambling revenues on the rise in Vegas, little wonder what they will use the sale of the Kings money for.
Either way, it looks as though the NBA will make a decision on the fate of the Sacremento Kings soon...
Previous Threads
Part VI: http://hfboards.mandatory.com/showthread.php?t=1329387
Part V: http://hfboards.mandatory.com/showthread.php?t=1216005
Part IV: http://hfboards.mandatory.com/showthread.php?t=1125147
Part III: http://hfboards.mandatory.com/showthread.php?t=1103231
Part II: http://hfboards.mandatory.com/showthread.php?t=1094241
Part I: http://hfboards.mandatory.com/showthread.php?t=908743
Nickname thread: http://hfboards.mandatory.com/showthread.php?t=1096759
An interesting article about Chris Hansen's journey from childhood through to today...
The man who would bring the NBA back to Seattle
http://seattletimes.com/html/localnews/2020775555_hansenprofilexml.html
Hansen, who accumulated great wealth while at Blue Ridge and at Valiant, enjoys spending it on his friends and family. He threw himself an extravagant 40th-birthday (2007) bash in Las Vegas at a Playboy suite at the Palms Hotel, where several hundred people helped him celebrate.
It's also interesting that Chris Hansen chose the Palms for his big birthday bash in 2007. At the time, majority control was in the hands of the Maloof family. (They weren't forced to cell until 2010)...
The Palms hit financial trouble in 2010, when it started missing loan payments. Under an agreement reached with creditors TPG Capital and Leonard Green & Partners, they each received a 49% stake in the property in November 2011, in exchange for erasing about $400 million in debt. The Maloof family retains a 2% share, with options to buy back up to 20%, and George Maloof continues to manage the property. [link]
Perhaps Hansen has been in contact with the Maloofs about the Kings much longer than we might otherwise be led to believe.
As for The Palms, George Maloof still runs the place and the family has an option to purchase back 20%. With gambling revenues on the rise in Vegas, little wonder what they will use the sale of the Kings money for.
Either way, it looks as though the NBA will make a decision on the fate of the Sacremento Kings soon...
Chris Daniels @ChrisDaniels5 3:58 PM - 13 Apr 13
BREAKING: The #NBAKings situation will be addressed at a press conference in New York scheduled for next Friday (4-19-13)
BREAKING: The #NBAKings situation will be addressed at a press conference in New York scheduled for next Friday (4-19-13)
Previous Threads
Part VI: http://hfboards.mandatory.com/showthread.php?t=1329387
Part V: http://hfboards.mandatory.com/showthread.php?t=1216005
Part IV: http://hfboards.mandatory.com/showthread.php?t=1125147
Part III: http://hfboards.mandatory.com/showthread.php?t=1103231
Part II: http://hfboards.mandatory.com/showthread.php?t=1094241
Part I: http://hfboards.mandatory.com/showthread.php?t=908743
Nickname thread: http://hfboards.mandatory.com/showthread.php?t=1096759
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