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Hansen-Ballmer Decline Refund Of $30M Non-Refundable Deposit From NBA's Other Owners

The NBA owners offered to refund a $30 million non-refundable deposit made by the Chris Hansen-Steve Ballmer ownership group that was made when entering into a purchase agreement with the Sacramento Kings.

The Seattle-based group had agreed to buy the team from the Maloof family.

Hansen and Ballmer declined to accept the offer, which would have come from each of the NBA's 30 owners.

Via Chris Mannix/Sports Illustrated
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