The league’s Board of Governors approved extension of the deadline, which typically is March 1 prior to the season before a team is seeking to move, to allow the Maloof family, which owns the Kings, to discuss its options with the board at its April 14-15 meeting, the NBA said in a news release.
NBA Commissioner David Stern confirmed at a news conference Feb. 19 during the All-Star break that the Kings have had discussions to move the franchise to Anaheim, California.
The Kings have been unable to reach a plan with the city of Sacramento and state of California about financing a new arena. Sacramento Mayor Kevin Johnson is a former point guard who played 12 seasons in the NBA.
With a move to Anaheim, the Kings would play at the Honda Center, which is home to the National Hockey League’s Anaheim Ducks.
The Kings were scheduled to change its current arena name to Power Balance Pavalion from the Arco Arena as of today, though Power Balance LLC and the Kings are revisiting the agreement terms because of talks between the franchise and Anaheim officials, according to the Sacramento Bee.
The Kings are 15-43 this season, 25 1/2 games behind the Los Angeles Lakers in the Pacific Division.
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