Raij Quoted on Potential Sale of Sacramento Kings

Partner Irwin Raij was quoted in an article that appeared in The New York Times on April 17, 2013 titled “Money, Arena and India Play Into Potential Sale of Kings.” Raij discussed the merits of the two groups vying to buy the Sacramento Kings, which includes a group led by Chris Hansen, a hedge fund manager, and Steve Ballmer, the chief executive of Microsoft, and another group led by Mark Mastrov, founder of Foley client 24-Hour Fitness. Although the purchase price is an important factor, Raij notes that it may be secondary to which group offers more reassurance about its ability to build an arena for the team.