Found May 31, 2013 on
A new owner is in place. A new coach is on the way. And for the first time in 14 years, Sacramento Kings fans can celebrate a new era.
The Maloof family finalized the sale of the Kings and Sleep Train Arena to a group led by TIBCO Software chairman Vivek Ranadive on Friday, the NBA confirmed. Ranadive’s group acquired a 65 percent controlling interest in the team at a total franchise valuation of more than $534 million, topping the NBA record of $450 million that Joe Lacob and Peter Guber bought the Golden State Warriors for in 2010.
“We are pleased for both the Maloof family and the Ranadive group, but particularly pleased for the fans of the Kings,” NBA commissioner David Stern said.
Brothers George, Joe and Gavin Maloof also released statements thanking NBA owners, Stern and the family’s limited partners with the Kings. George Maloof specifically praised Sacramento mayor Kevin Johnson and the city council “for their efforts and loyalty to the Sacramento community.”
BEST OF MAXIM
Chris "Birdman" Anderson caused a ruckus during Game Five when he body checked Indiana's Tyler Hansbrough to the ground, shoved him again, and then kept talking trash as he had to be forced from the court.
His foul has now been upgraded to a flagrant 2 and he has been suspended for Game 6 of the Eastern Conference Finals on Saturday.
The popular sentiment...
Birdman got away with a flagrant 1 foul, but David Stern is saying the officials called it wrong.
Per ESPN, NBA Commissioner David Stern says that Chris “Birdman” Anderson’s shove to Tyler Hansbrough merited an ejection.
Stern made the remarks to NBC Sports Radio for an interview scheduled to air Sunday. Andersen was called for a flagrant foul 1 after shoving Hansbrough in...
David Stern did not approve of Miami Heat’s wild child Chris Anderson’s actions in Game 5. Anderson gave Pacers forward Tyler Hansbrough a chicken wing while running down the court. Hansbrough was not a big fan of that and the two started having words. You can see the altercation that took place afterwards in the video below.
Stern announced yesterday that Anderson will be suspended...
MIAMI (AP) -- NBA Commissioner David Stern says Miami forward Chris Andersen's shove of Indiana's Tyler Hansbrough in Game 5 of the Eastern Conference finals merited an ejection.
Stern made the remarks to NBC Sports Radio for an interview scheduled to air Sunday. Andersen was called for a flagrant-1 after shoving Hansbrough in the second quarter of Thursday's game. A...
Speaking on NBC Sports Radio on Friday, NBA commissioner David Stern says he believes Chris ‘Birdman’ Andersen should have been tossed from Game 5 after he inexplicably knocked down and then shoved Pacers’ Tyler Hansbrough in the first half. Birdman was issued a Flagrant 1 foul and the two players were both assessed technicals as well.
David Stern’s quote via ProBasketballTalk...
Once again the Heat have been taken to seven games in the Eastern Conference Finals. Going to be tough for the Pacers to win Game 7 in LeBron's kingdom. Conspiracy theorists will say there's no way David Stern will let the Pacers win on Monday, but it should be a good one. Speaking of good things, I loved LeBron's hissy fit after the charge in the above video. Hard to...
The NBA has set "a series of benchmarks" for a new arena that the Sacramento Kings' new ownership group must meet in order to keep their team.
The NBA has the option of pulling the Kings out of Sacramento and to arrange a sale to new owners if the deadlines are not met.
The Ranadive group agreed to the deadlines in writing, David Stern said.
Stern said that he expects...
David Stern is all about leverage. (Credit)
I’ve never been to Sacramento. I’ve never been further north in California than San Diego. I have no beef with the city; I’ve never even met anyone from it. I just know that Sacramento shouldn’t have an NBA team.
If they did, they might also have an NFL or MLB team. Hell, an NHL team would suffice. There’s a reason no other...
Dont let the NBA fool you into thinking it wants the San Antonio Spurs and Indiana Pacers meeting in the Finals.
It doesnt. At all.
Not unless its hoping for a viewing audience that consists of Marv Albert, Reggie Miller and six crickets.
Under commissioner David Stern, the NBA has always been about bright lights, big cities, major stars and overstating its popularity.
As soon as David Stern said he should have been ejected Birdman’s fate was sealed. He needs to learn how to fake his dirty plays like his teammate Dwyane Wade.
The league also rescinded Tyler Hansbrough technical foul.
Chris Andersen has been suspended for Game 6, NBA announces. His flagrant foul has been upgraded to a flagrant 2.
— Howard Beck (@HowardBeckNYT) May 31, 2013
The Maloofs previously entertained an offer to sell the Sacramento Kings to a group seeking to relocate the franchise to Las Vegas.
The other two serious offers were from a buyer promising to keep the team in Sacramento and the Hansen-Ballmer group. The only firm offer was from Hansen-Ballmer.
The Vivek Ranadive-led group only came together after a deal was in place with the group...
David Stern has been cracking down on flopping all season, most recently doling out fines to LeBron James, David West (on the same play), and Lance Stephenson for their flops in Game 4 of the NBA Eastern Conference Finals. This got me thinking, who are the most prolific floppers in sports? Let’s take a look at the top 10:
10. Shane Battier, SF- Miami Heat
If taking charges...
Chris ‘Birdman’ Andersen has been suspended for Game 6 of the Eastern Conference Finals, the NBA announced Friday evening after reviewing his Game 5 shove on Indiana Pacers’ Tyler Hansbrough. According to the NBA, “Andersen knocked Indiana Pacers forward Tyler Hansbrough to the floor, escalated the altercation by shoving Hansbrough, and resisted efforts to bring...