NBA hopes may be fading - wave3.com-Louisville News, Weather & Sports

NBA hopes may be fading

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LOUISVILLE, KY (WAVE) - What looked to be the brightest hope for luring the National Basketball Association to Louisville is fading fast.

Sources said an investor has contacted the Maloof family about buying the Sacramento Kings, as he tries to build a new arena in Seattle.

Currently, no deal has been reached, but the Kings could sell for more than $500 million.

In December, J. Bruce Miller, who has led the charge to bring the NBA to Louisville, said multiple efforts were underway with the Kings about a future in the Derby City.

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