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Sacramento Kings. On 21 March 2013, it was announced that Ranadivé had joined Ronald Burkle and Mark Mastrov to attempt to purchase the Sacramento Kings. In order for Ranadivé to purchase the Kings, he had to sell his share of the Golden State Warriors.
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Sep 24, 2021 · 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...
- Ben Van Der Meer
- Senior Reporter
- bvandermeer@bizjournals.com
- Sacramento Business Journal
May 31, 2013 · The Maloof family today announced that the agreement to sell the family’s controlling interest in the National Basketball Association’s (NBA) Sacramento Kings and ownership of Sleep Train Arena...
Sep 25, 2021 · According to a press release, Vivek Ranadivé and Arctos Sports Partners purchased the shares of former owners Mark Friedman, a local developer, Brad Jenkins, a Sacramento-based...
May 17, 2013 · Software billionaire Vivek Ranadive came to an agreement to purchase 65 percent of the Sacramento Kings from the Maloof family for approximately $348 million. The Kings' total valuation...
- Brian Windhorst
May 31, 2013 · Kings Rocket Department. May 31, 2013 7:01 AM PDT. SACRAMENTO, CALIF. – Sacramento Kings owner Vivek Ranadivé issued the following statement regarding the ownership transfer of the franchise...
Nov 5, 2023 · According to sources, Ranadive joined Ronald Burkle and Mark Mastrov on March 21, 2013, in their quest to purchase the team. Unfortunately, if the Indian businessman wanted to proceed with his...
