Stern says Sacramento bid 'not quite there'

Updated: March 8, 2013, 11:30 PM ET
Associated Press

OAKLAND, Calif. -- NBA Commissioner David Stern said Friday night that the counteroffer to keep the Sacramento Kings from moving to Seattle needs to be increased financially before the league's owners would even consider the bid.

Speaking to reporters before the Golden State Warriors hosted the Houston Rockets, Stern said the Sacramento group's offer has some "very strong financial people behind it but it is not quite there in terms of a comparison to the Seattle bid." He added that "unless ...

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