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Steve Ballmer is seen in a 1999 photo. (©Rex Rystedt//Time Life Pictures/Getty Images)

Report: Sacramento Kings rejected proposed deal to move to Seattle

1/10/2013

Basketball fans in Seattle might have to wait a little bit longer for their beloved Supersonics to return to the Emerald City. News reports swirled earlier today that a joint venture between Microsoft CEO Steve Ballmer and hedge-fund manager Chris Hansen to buy the Sacramento Kings for $500 million from the Maloofs was close to being signed. However, no deal has been signed, and Steven Large of Sacramento's CBS13 even tweeted that the deal had been rejected. Seattle, your wait is going to have to go on.

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