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      • Sacramento Kings majority partner Vivek Ranadivé has expanded his stake, combining with a private equity firm to buy the ownership shares in the team from five partners. The team announced Friday that Ranadivé and Arctos Sports Partners had bought the shares of Mark Friedman, Brad Jenkins, Mark Mastrov, Andy Miller and Kevin Nagle.
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  2. 1. $3.33B Calculated October 2023. Owner (s) Vivek Ranadive. Championships. 1. Year Purchased. 2013. Price Paid. $534M. Revenue. 2. $289M. Operating Income. 3. $36M. Debt/Value. 4. 16% Player...

  3. Sep 24, 2021 · Kings owner and chairman Vivek Ranadivé and Arctos Sports Partners bought the shares of former owners Mark Friedman, Brad Jenkins, Mark Mastrov, Andy Miller and Kevin Nagle, the Kings said...

  4. The Sacramento Kings are an American professional basketball team based in Sacramento, California. The Kings compete in the National Basketball Association (NBA) as a member of the Pacific Division of the Western Conference. The Kings are the oldest team in the NBA, and the first team in the major professional North American sports leagues ...

  5. May 31, 2013 · The Maloof family sold its controlling interest in the Sacramento Kings and Sleep Train Arena to a group led by Vivek Ranadive for over $534 million, an NBA record. The transaction ended the Maloof family's 14-year ownership of the Kings, who had seven playoff appearances and a WNBA title.

  6. Sep 10, 2021 · NBA. Sacramento Kings. Vivek Ranadive. Arctos Sports Partners are buying 17% of the NBA's Sacramento Kings, a deal that consolidates ownership and values the club at $1.8 billion.

    • Scott Soshnick
  7. Sep 24, 2021 · Articles | Latest News. Kings confirm sale of ownership shares to Arctos Sports Partners. The Kings today officially confirmed the sale of several minority stakeholders to Arctos Sports Partners. By Akis Yerocostas | 20 Comments | Sep 24, 2021. Courtesy of Sacramento Kings.

  8. Oct 6, 2021 · The Sacramento Kingsownership group, led by Ranadive, came together in 2013 to ensure the team remained in the market and that a new arena would get built (both were accomplished). But as a result, the club had more investors—more than 30 at one point—than the average NBA team has.

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