Share This Page

Burkle makes bid to buy NBA's Kings

| Friday, March 1, 2013, 8:57 p.m.

Ron Burkle is trying to save another professional team.

Burkle, a California multibillionaire and Penguins majority co-owner, is part of a group attempting to keep the NBA's Kings in Sacramento, Calif. Another group is trying to buy the Kings and relocate the franchise to Seattle, which lost its NBA team in 2008.

Burkle and partner Mark Mastrov, founder of 24 Hour Fitness, officially bid for the Kings on Friday, NBA spokesman Tim Frank said.

The NHL has “no issue” with Burkle's role in pursuing the Kings, deputy commissioner Bill Daly told the Tribune-Review on Friday night.

Burkle partnered with Mario Lemieux to purchase the Penguins from bankruptcy in 1999.

Lemieux said in January he would have no role in Burkle's NBA business dealings. Burkle would keep his keep his share in the Penguins.

Burkle would lead an effort to build a downtown arena in Sacramento.

Former Pennsylvania Gov. Ed Rendell said Burkle played the pivotal role on the Penguins side to securing funding for Consol Energy Center during negotiations with state, county and city officials in late 2006 and early 2007.

TribLIVE commenting policy

You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.

We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.

While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.

We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers

We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.

We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.

We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.

We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.