Sacramento mayor Kevin Johnson announced Friday the deal to sell the Kings to a group led by Vivek Ranadive has been signed.
The Kings are not expected to retain Keith Smart as head coach, according to USA Today.
The Maloofs have reached an agreement to sell the Kings to a group led by Vivek Ranadive that will keep the team in Sacramento for a valuation of $535 million.
Sacramento mayor Kevin Johnson isn't worried about snags in finalizing the sale of the Kings to Vivek Ranadive's group.
Updating a previous item, David Stern confirmed that the NBA's Board of Governors has officially voted down the proposed relocation of the Kings to Seattle.
The Maloof family has reportedly struck a "backup" agreement to sell 20 percent of their majority stake in the Kings to the group of Seattle-based investors led by Chris Hansen and Steve Ballmer.
NBA.com says restricted free agent Tyreke Evans could be the "steal of the summer."
The NBA has confirmed a committee of owners unanimously recommended the league deny the Kings' application to relocate to Seattle on Monday.
Kings owner George Maloof told Bryan May of News10 Sacramento that he expects a decision on the team's ownership status by the first week of May.
The good DeMarcus Cousins showed up against the Clippers on Wednesday, shooting 14-of-24 from the field for 36 points with 22 boards, three assists and three blocks in 41 minutes.
Tony Douglas (left hip) will not play against the Clippers on Wednesday.
Tyreke Evans (knee, quad) said that he landed on a wet spot and that he's "a little sore," but he's already been ruled out of Wednesday's game against the Clippers.
Isaiah Thomas scored 16 points on 5-of-10 shooting (including four threes) with four rebounds, two assists and five turnovers over 27 minutes in the Kings' loss to the Thunder on Monday.
DeMarcus Cousins did not get a technical foul in Monday's loss to the Thunder, which means he'll be allowed by the league to play in Wednesday's finale.
Cole Aldrich followed up his big Sunday night with 12 points on 6-of-6 shooting and 13 rebounds in 23 minutes off the bench on Monday against the Thunder.