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Ranadive group's revenue stance key

Updated: May 6, 2013, 9:38 PM ET
By Brian Windhorst | ESPN.com

NEW YORK -- The would-be new owners of the Sacramento Kings made a crucial and costly concession last week ahead of a relocation vote by NBA owners that may have been a deciding factor in keeping the team from moving to Seattle.

Software billionaire Vivek Ranadive, who hopes to purchase the Kings and complete a deal with local government to build a new arena in Sacramento, agreed to give up potentially tens of millions in revenue sharing from other owners to help sway them to reject the ...

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