The Sacramento contingent seeking to buy the Kings and block the franchise's move to Seattle submitted its bid to purchase the team Tuesday night. The amount of the bid was not revealed.

NBA spokesman Tim Frank said the bid will now be examined by a committee of owners today during meetings at the NBA Headquarters in midtown Manhattan. Those owners - members of the relocation and finance committees - will eventually recommend whether to approve the Kings' proposed sale and relocation to Seattle or accept the Sacramento offer.

Team owners and top league officials began filing into the league offices across the street from St. Patrick's Cathedral shortly before 10 a.m. EST. NBA Commissioner David Stern also arrived, but declined to comment.