The Sacramento Kings have released an official statement on the rumors of their reported move to Virginia Beach. A report was published on Thursday morning indicating that the Maloof family was seriously considering the move, although all parties involved have denied the news ever since.

Here is the official release:

"The Kings organization over the last several years has been approached by numerous parties and cities interested in buying and relocating the franchise. The franchise is not going to discuss which cities have approached the organization and are not going to comment on every rumor. The sole focus of everyone within the Sacramento Kings organization continues to be to put a winning team on the court as we look forward to what promises to be an exciting 2012-13 NBA season."

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