Tagged: Chris Hansen Seattle arena

With Sacramento Mayor Kevin Johnson already celebrating his city’s victory in the bid to keep the Kings in town, Chris Hansen and his Seattle-based investment group upped the ante on Friday.

Hansen said his group has raised the proposed purchase price for the franchise by $75 million, bringing the total to $625 million “in an effort to further demonstrate the extent of our commitment to bring basketball back.” The group also guaranteed to the league that the franchise would be a revenue sharing payer, Hansen said.

Chris Hansen and his group of investors have released preliminary design renderings of Seattle’s next basketball arena.

The plan features “non-traditional elements” including three stacked balconies in lieu of top rows above the seating bowl, Hansen’s group said on sonicsarena.com.

What do a swimmer, a rookie quarterback, a perfect pitcher and a hedge fund manager have in common?

They're all on KPLU sports commentator Art Thiel's list of the top 5 sports stories of 2012.