Investor Chris Hansen has contacted the Maloof family about buying the Sacramento Kings, setting up the possibility of the NBA's return to Seattle.
Hansen's interest was confirmed Wednesday by people with knowledge of the situation. They spoke on condition of anonymity to The Associated Press because no deal has been reached.
One person said the Kings could sell for more than $500 million. The Kings' future in Sacramento has been uncertain because the Maloofs and the city haven't been able to come up with a long-term arena solution.
Yahoo! Sports first reported the discussions between the Kings and Hansen. Yahoo! reported a possible sale could land the Kings in Seattle for the 2013-14 season, where the team would play at KeyArena as a temporary home until a new arena is constructed.
"I know as much as you do," Seattle Mayor Mike McGinn said when asked about the situation. "If it's true, ain't it cool?"
His counterpart in Sacramento thought the news anything but cool. At an afternoon news conference, Sacramento Mayor Kevin Johnson said Wednesday was significant because for the first time Kings fans know the team is for sale. Johnson said he would do all he could to try to find a buyer with a Sacramento connection to possibly purchase the team and keep it in California's capital city.
Spurs 108, Lakers 105: Tony Parker scored 24 points and host San Antonio handed slumping Los Angeles its fifth straight loss.
Manu Ginobili added 19 points and Tiago Splitter and Stephen Jackson had 14 each for San Antonio, which has won 11 straight at home.
Thunder 106, Timberwolves 84: Kevin Durant scored 26 points, Russell Westbrook added 23 and host Oklahoma City overpowered outmanned Minnesota.
After losing its last game on a buzzer-beater against a last-place Washington team saddled by injuries to its three top players, Oklahoma City left nothing to chance with the Timberwolves missing All-Star forward Kevin Love and four others.
The Timberwolves announced earlier in the day that Love would miss eight to 10 weeks after breaking his right hand for the second time.
Cavaliers 99, Hawks 83: Kyrie Irving scored 18 of his 33 points in the third quarter and injury-riddled Cleveland beat visiting Atlanta.
The Cavaliers, who had only 10 available players, announced earlier in the day that center Anderson Varejao will have surgery Thursday to repair a muscle that split near his right knee. He will miss six to eight weeks.
Bucks 104, Bulls 96: Brandon Jennings scored 20 of his 35 points in the third quarter and visiting Milwaukee beat Chicago for the Bucks' second consecutive victory under interim coach Jim Boylan. Mike Dunleavy had 16 points and Monta Ellis finished with 14 for Milwaukee, which made 10 of 22 3-point attempts.
Celtics 87, Suns 79: Jeff Green scored 14 points, rookie Jared Sullinger added 12 points and a career-best 16 rebounds, and Boston recovered from a 14-point third quarter with a big rally to start the fourth and held off visiting Phoenix, which has lost 11 straight away from home.
Raptors 90, 76ers 72: Amir Johnson had 19 points and 12 rebounds, Jose Calderon added 14 points and 11 assists, and host Toronto handed Philadelphia its fifth straight loss.
Hornets 88, Rockets 79: Roger Mason scored 15 of his 17 points in the fourth quarter to rally host New Orleans over Houston.
Nuggets 108, Magic 105: Kenneth Faried scored 19 points and grabbed 19 rebounds to help host Denver rally past Orlando.
Knicks: Carmelo Anthony was suspended one game by the NBA for confronting Kevin Garnett after New York's loss to Boston on Monday. Anthony, who was angry about Garnett's choice of words during a fourth-quarter altercation, went toward the Celtics' locker room after the game and later waited for Garnett outside Boston's team bus.