Skip to content
Support local, fact-based journalism today
and you could win a $500 REI gift card.
Support essential local journalism for your community.
2021 Spring News | REI
Donate Now

Donate by 9 a.m. to triple your chances of winning.

View thank you gift options

CapRadio

CapRadio

signal status listen live donate
listen live donate signal status
listen live donate signal status
  • News
    • beats
    • State Government
    • Environment
    • Health Care
    • Business
    • Arts and Lifestyle
    • Food and Sustainability
    • PolitiFact California
    • California Dream
    • Videos
    • Photos
  • Music
    • genres
    • Classical
    • Jazz
    • Roots
    • Eclectic
    • Videos
    • Daily Playlist
  • Programs + Podcasts
    • news
    • Morning Edition
    • All Things Considered
    • Marketplace
    • Insight
    • California State of Mind
    • The View From Here
    • music
    • Acid Jazz
    • At the Opera
    • Classical Music
    • Connections
    • Excellence in Jazz
    • Hey, Listen!
    • Insight Music
    • K-ZAP on CapRadio
    • Mick Martin's Blues Party
    • Programs A-Z
    • Podcast Directory
  • Schedules
    • News
    • Music
    • ClassicalStream
    • JazzStream
    • Weekly Schedule
    • Daily Playlist
  • Community
    • Events Calendar
    • CapRadio Garden
    • CapRadio Reads
    • CapRadio Travels
    • Ticket Giveaways
  • Support
    • Evergreen Gift
    • One-Time Gift
    • Corporate Support / Underwriting
    • Vehicle Donation
    • Stock Gift
    • Legacy Gift
    • Endowment Gift
    • Volunteering
    • Benefits
    • Member FAQ
    • e‑Newsletter
    • Drawing Winners
    • Thank You Gifts
  • About Us
  • Contact Us
  • Close Menu
 We Get Support From:
Become a Supporter 
 We Get Support From:
Become a Supporter 

Sacramento Kings Have New Owners and a New Coach

  •  Bob Moffitt 
Friday, May 31, 2013 | Sacramento, CA
  

The Maloof family later released a statement through the team thanking the people of Sacramento, Sacramento Mayor Kevin Johnson, and the National Basketball Association.

The sale price is 65 percent of more than $534 million, which includes the purchase of Sleep Train Arena.

The new owners have pledged $190 million toward the construction of a new $448 million sports and entertainment complex at the Downtown Plaza.  The group has bought the Plaza and neighboring properties, but has not finalized a sale yet with Macy’s for its building.

The Kings already have a new coach, Mike Malone. The story broke on Twitter overnight and was confirmed by a source close to the ownership group. Malone had been the lead assistant to Golden State Warriors coach Mark Jackson.

The team officially announced this afternoon that Keith Smart would not be retained as the team's head coach.  


Follow us for more stories like this

CapRadio provides a trusted source of news because of you.  As a nonprofit organization, donations from people like you sustain the journalism that allows us to discover stories that are important to our audience. If you believe in what we do and support our mission, please donate today.

Donate Today  

 kings

Bob Moffitt

Former Sacramento Region Reporter

Bob reported on all things northern California and Nevada. His coverage of police technology, local athletes, and the environment has won a regional Associated Press and several Edward R. Murrow awards.  Read Full Bio 

Coronavirus Newsletter

Get answers to your questions, the latest updates and easy access to the resources you need, delivered to your inbox.

 

Want to know what to expect? Here's a recent newsletter.

Thanks for subscribing!

We'll send you weekly emails so you can stay informed about the coronavirus in California.

Browse all newsletters

More Stories

Photo by Damian Dovarganes, AP Photo

California Counties A Hodgepodge Of Highs And Lows In Vaccinating Vulnerable Seniors

April 7, 2021

Jeff Pachoud/AFP via Getty Images

Can Vaccines Stop Variants? Here's What We Know So Far

April 10, 2021

Andrew Nixon / CapRadio

Music Through The Pandemic: How Three Sacramento Musicians Continued Their Art

April 12, 2021

Most Viewed

California Coronavirus Updates: COVID-19 Vaccination Pop-Up Clinic At Luther Burbank High School On April 13

California Coronavirus Updates: Blue Shield Announces It Has The Capacity To Vaccinate Six Million People Per Week

Signatures Are In. What You Need To Know About The Gavin Newsom Recall Effort.

When Can I Get A COVID-19 Vaccine? How Will I Find Out? Answers To Your California Vaccine Questions.

Blue Shield Of California Has Taken Over The State's Vaccine Roll-Out. Here’s What That Means.

We Get Support From:
Become a Supporter

Most Viewed

California Coronavirus Updates: COVID-19 Vaccination Pop-Up Clinic At Luther Burbank High School On April 13

California Coronavirus Updates: Blue Shield Announces It Has The Capacity To Vaccinate Six Million People Per Week

Signatures Are In. What You Need To Know About The Gavin Newsom Recall Effort.

When Can I Get A COVID-19 Vaccine? How Will I Find Out? Answers To Your California Vaccine Questions.

Blue Shield Of California Has Taken Over The State's Vaccine Roll-Out. Here’s What That Means.

Back to Top

  • CapRadio

    7055 Folsom Boulevard
    Sacramento, CA 95826-2625

    • (916) 278-8900
    • Toll-free (877) 480-5900
    • Email Us
    • Submit a News Tip
  • Contact Us

  • About Us

    • Contact Us / Feedback
    • Coverage
    • Directions
    • Jobs & Internships
    • Mission / Vision / Core Values
    • Press
    • Staff Directory
    • Board of Directors
  • Listening Options

    • Mobile App
    • On Air Schedules
    • Smart Speakers
    • Playlist
    • Podcasts
    • RSS
  • Connect With Us

    •  Facebook
    •  Twitter
    •  Instagram
    •  YouTube
  • Donate

  • Listen

  • Newsletters

CapRadio stations are licensed to California State University, Sacramento. © 2021, Capital Public Radio. All Rights Reserved. Privacy Policy | Website Feedback FCC Public Files: KXJZ KKTO KUOP KQNC KXPR KXSR KXJS. For assistance accessing our public files, please call 916-278-8900 or email us.