Reports--Kings Sold To Hansen

Various news outlets are reporting that the Sacramento Kings have been sold to Chris Hansen, potentially allowing the San Francisco based  financier to relocate the troubled franchise to Seattle.  The move of the Kings from Sacramento to Seattle (I believe) would mark the first time Seattle has acquired a professional sports team by relocation rather than by expansion. 
The original Super Sonics were created along with the Phoenix Suns in a late 60s expansion of the NBA.  The Seahawks and Mariners began play in the mid to late 70s.