SACRAMENTO—NBA league owners voted for the Kings’ future, the result showing the plan of relocating the Kings to Seattle has been rejected.

David Stern announced he wants to have a deal in place in 48 hours with a buyer who wants to purchase the team from the Maloof brothers.

The vote 22-8 by the Board of Governors rejected a deal of $625 million to purchase 65 percent of controlling interest, and relocate the Kings to Seattle, from investor Chris Hansen, who hoped to move the franchise and rename it the Super Sonics, who were moved to Oklahoma City in 2008 and re-named the Thunder.

Now the Maloofs will try to complete a deal at $525 million with a group put together by Kevin Johnson, Mayor of Sacramento, a former all-star guard and fronted by TIBCO software chairman Vivek Ranadive.

Johnson said to the media, “We know clearly the team is settled in Sacramento, and it’s good news for our community. I want to say a big thank you to our fans and community.”

By Shine Huang