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Kevin Johson

Sacramento Mayor Kevin Johnson speaks at a news conference to announce his hope to reveal next week the major investor group he expects to make an offer for the Sacramento Kings, Wednesday, Jan. 23, 2013, in Sacramento, Calif. Johnson, who previously said he has 19 local investors who have pledged at least $1 million each to buy the NBA basketball franchise, is fighting to retain the team after the Maloof family announced it has signed an agreement to sell the Kings to a Seattle group led by investor Chris Hansen. (AP Photo/Rich Pedroncelli)