Royal Redux: After the Sale
New Owners, New Arena, New Era
Keep up with the latest as Sacramento proceeds with plans for a new downtown arena
The Sacramento Kings have hired a new general manager to oversee the team’s revival after seven straight losing seasons. New GM Pete D’Alessandro says the Kings will be on the cutting edge of evaluating player performance.
It didn’t take long for the new head coach of the Sacramento Kings to get his first fine, even though the fine was for saying something nice.
The Kings' newest assistant has twenty years of experience as a player and coach on the professional level.
If completed, a new arena in downtown Sacramento will affect businesses immediately surrounding the site and one large project across the river.
The Sacramento Kings introduced their new coach, Mike Malone to Sacramento today. New majority owner Vivek Ranadive said it was no secret Malone was the most sought-after assistant coach on the market.
Capital Public Radio learned this morning that the majority shares of the team have been transferred from the Maloof Family and Robert Hernreich to Vivek Ranadive and a group of investors who will keep the team in Sacramento.
The AP is reporting that a person familiar with the decision says the Sacramento Kings have reached an agreement with Golden State Warriors assistant Mike Malone to be their head coach.
The National Basketball Association's Board of Governors has approved a change of ownership for Sacramento's franchise.
The outgoing owners of the Sacramento Kings had the team on the market long before they agreed to sell to a Seattle group in January. Mark Mastrov says it was part of the road he took to becoming a Kings minority owner.
Now that there's a deal to sell the Sacramento Kings to local investors the spotlight shifts to plans for a new downtown arena. Sacramento Business Journal Editor Jack Robinson says local business leaders are thrilled.
There was a little party downtown Thursday night, and many in attendance shared their experience using Twitter. We scoured the land of hashtags to bring you a collection of the best. Refresh your browser for the latest update.
Thousands of people turned out for a rally celebrating the Sacramento Kings staying in town. While they were cheering, the incoming team owners were announcing a change of ownership of the proposed site for a new arena- the Downtown Plaza.
The sale of the Sacramento Kings will likely affect several development projects near a proposed arena in Downtown Sacramento.
A source tells Capital Public Radio a "preliminary" agreement has been reached with the Maloof family to sell controlling interest in the Sacramento Kings to a group headed by Vivek Ranadive.
Mayor Kevin Johnson announced Friday morning that a deal to sell the Kings has been reached between the Maloof family and a group of local investors. We pulled together social media coverage and reaction. Refresh your browser for the latest updates.
The Maloof family has agreed to sell its majority shares of the Sacramento Kings. The agreement also means the new owners and the City of Sacramento will continue with their plans to build a downtown arena.
After meeting for hours, NBA owners gave a resounding “no” to the bid to move the Sacramento Kings to Seattle. But it’s still unclear if the team will be sold to the local investor group that’s promised to build a new downtown basketball arena.
But, the papers have not been signed. Fourteen months ago, the mayor said much the same thing.
This could finally be the day basketball fans in Sacramento and Seattle learn whether they’ll have a team in town next year. NBA owners have begun meeting in Dallas and they’re expected to vote on whether to allow the Kings to move.
The NBA Board of Governors met in a Dallas hotel to vote on the potential relocation of the Sacramento Kings to Seattle. Twitter was abuzz with news updates and fan reaction. This feature will be updated as the story unfolds. (Refresh browser often.)
The decision by the NBA Board of Governors to keep the Sacramento Kings from relocating means work on a downtown arena project in Sacramento will continue. But the project can’t move at full speed until the team is sold to a Sacramento group.
The Sacramento Kings are staying home. NBA Commissioner David Stern said today the league Board of Governors voted 22-8 to deny the relocation of the Sacramento Kings franchise to Seattle. Updated 4:59 p.m.
National Basketball Association Commissioner David Stern and Deputy Commissioner Adam Silver addressed the press and answered questions following the vote to deny relocation of the Kings. Click for full transcript, provided by the NBA.
Sacramento Mayor Kevin Johnson met with the press, along with Vivek Ranadive and Mark Friedman, both of the group hoping to purchase the Sacramento Kings, following the NBA Board of Governors decision to deny a relocating the team to Seattle.
Kings fans gather in downtown Sacramento to celebrate the NBA's announcement the Kings will not be allowed to relocate to Seattle. Fans are hopeful the Kings owners will actually sell to a Sacramento group of investors.
The Sacramento Kings aren’t moving anywhere. N-B-A owners overwhelmingly rejected an effort by the team’s current owners and a Seattle investor group to relocate the team to the Pacific Northwest. But this story isn’t over yet.
VIEW ARCHIVED COVERAGE OF THE KINGS AND ARENA PROPOSALS
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