SACRAMENTO, CA - Chris Hansen, the man behind an effort to buy the Sacramento Kings and move the team to Seattle, has agreed to pay a fine for failing to report he bankrolled an effort to put the Sacramento arena to a public vote.
Hansen and two others will pay $50,000 for not filing a major donation report, according to the Fair Political Practices Commission.
Hansen said he will also try to prevent STOP (Sacramento Taxpayers Opposed to Pork) from using signatures toward qualifying a ballot measure that were gathered using his funds.
In a statement, Hansen, said he committed up to $100,000 to Loeb & Loeb, a legal firm, if a "broad-based political committee, consisting of other donors and independent of STOP, were established to oppose the effort to build an arena in Sacramento". He said he didn't expect the funds to be used to primarily fund the efforts of arena opponents or gathering voter signatures.