Sacramento mayor: Deal to sell Kings has been signed

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Kings Sale Basketball
Sacramento Kings fans celebrate the announcement by Sacramento Mayor Kevin Johnson that a deal to sell the Kings to a group led by software tycoon Vivek Ranadive has been signed earlier in the day, during rally held at Sacramento City Hall, Friday, May 17, 2013. The sale of the team by the Maloof family comes after the NBA Board of Governors rejected a bid from a Seattle group, led by billionaire Chris Hansen, to buy and move the franchise to Seattle.(AP Photo/Rich Pedroncelli)