REUTERS Seattle Investor Vows to Continue Pursuit of N.B.A. Team | A day after the relocation committee of the National Basketball Association rejected a request by the hedge fund manager Chris Hansen and his partners to move the Sacramento Kings to Seattle, Mr. Hansen said he was "fully committed to seeing this transaction through".
The league's relocation committee, a subset of other team owners, has signaled it will approve the relocation under those circumstances.
James L. Dolan, owner of the Knicks, is a member of the league's advisory finance committee, which is evaluating the sale of the Kings; he is not a member of the relocation committee.
An article on Tuesday about a recommendation by the N.B.A. relocation committee that the league's owners reject a request to move the Sacramento Kings to Seattle erroneously included, in some editions, one owner among the members of the committee.
ONE WARM TUESDAY IN OKLAHOMA CITY last spring, Bennett presided over a presentation to N.B.A. executives and three members of its relocation committee.
Not only did the Music City move a step closer to officially acquiring the Grizzlies when the league's relocation committee recommended yesterday that team owners grant their approval, it has an intriguing new roster.
After that, the league's relocation committee would inspect the application, and the team would need a majority vote from the board of governors for approval.
The N.B.A.'s relocation committee on Monday unanimously recommended that the league's owners reject a request to move the Sacramento Kings to Seattle, a decision that will probably keep the team in California and settle a contentious bidding war.
In a twist, Clay Bennett, who moved the SuperSonics from Seattle to Oklahoma City (where they were renamed the Thunder), is the chairman of the N.B.A.'s relocation committee.
