{"id":2091,"date":"2021-09-24T23:05:16","date_gmt":"2021-09-25T06:05:16","guid":{"rendered":"http:\/\/www.newsmolo.com\/EDC\/2019\/?p=2091"},"modified":"2021-09-25T16:25:28","modified_gmt":"2021-09-25T23:25:28","slug":"kings-owner-ranadive-announces-buyout-of-minority-owners-who-helped-keep-team-in-sacramento","status":"publish","type":"post","link":"http:\/\/www.newsmolo.com\/EDC\/2019\/2021\/09\/24\/kings-owner-ranadive-announces-buyout-of-minority-owners-who-helped-keep-team-in-sacramento\/","title":{"rendered":"Kings owner Ranadiv\u00e9 Buys Minority Owners&#8217; Shares"},"content":{"rendered":"<div>\n<pre class=\"byline\">BY JAMES PATRICK<\/pre>\n<\/div>\n<pre><time id=\"update_date\" class=\"update-date time\" datetime=\"2021-09-24T10:14:25-07:00\">UPDATED SEPTEMBER 24, 2021 10:14 AM<\/time><\/pre>\n<hr \/>\n<p>The Sacramento Kings announced Friday owner Vivek Ranadiv\u00e9 and Arctos Sports Partners bought out the shares of minority owners Mark Friedman, Brad Jenkins, Mark Mastrov, Andy Miller and Kevin Nagle.<\/p>\n<p>Those minority owners helped Ranadiv\u00e9 take ownership of the Kings from the Maloof brothers in 2013. The Maloofs threatened to move the Kings to Anaheim and tried to sell the team and move it to Seattle. Both plans were quashed by the NBA and the Maloofs eventually sold to Ranadiv\u00e9\u2019s group.<\/p>\n<p>\u201cWe are tremendously thankful to Mark Friedman, Brad Jenkins, Mark Mastrov, Andy Miller and Kevin Nagle for their transformational investment in our franchise,\u201d Ranadiv\u00e9 said in a news release. \u201cThey have been instrumental in our vision for the organization and their commitment made it possible for the team to stay where it belongs \u2013 in Sacramento&#8230;<\/p>\n<p>READ MORE: <a href=\"https:\/\/www.sacbee.com\/sports\/nba\/sacramento-kings\/article254478222.html\">https:\/\/www.sacbee.com\/sports\/nba\/sacramento-kings\/article254478222.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nagle, a pharmaceutical executive from El Dorado Hills, and Friedman, whose family owns Arden Fair mall, have been among the top two Sacramento-area investors since 2013.  &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[39,18],"tags":[],"featured_image_urls":{"full":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/09\/SB-1216.jpg",790,544,false],"thumbnail":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/09\/SB-1216-150x150.jpg",150,150,true],"medium":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/09\/SB-1216-600x413.jpg",600,413,true],"medium_large":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/09\/SB-1216-768x529.jpg",640,441,true],"large":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/09\/SB-1216.jpg",640,441,false],"1536x1536":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/09\/SB-1216.jpg",790,544,false],"2048x2048":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/09\/SB-1216.jpg",790,544,false],"darknews-slider-full":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/09\/SB-1216.jpg",790,544,false],"darknews-featured":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/09\/SB-1216.jpg",790,544,false],"darknews-medium":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/09\/SB-1216-720x530.jpg",720,530,true],"darknews-medium-square":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/09\/SB-1216-350x350.jpg",350,350,true]},"author_info":{"display_name":"News MoLo","author_link":"http:\/\/www.newsmolo.com\/EDC\/2019\/author\/admin\/"},"category_info":"<a href=\"http:\/\/www.newsmolo.com\/EDC\/2019\/News\/events\/\" rel=\"category tag\">Events<\/a> <a href=\"http:\/\/www.newsmolo.com\/EDC\/2019\/News\/lifestyle\/\" rel=\"category tag\">LifeStyle<\/a>","tag_info":"LifeStyle","comment_count":"0","_links":{"self":[{"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/posts\/2091"}],"collection":[{"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/comments?post=2091"}],"version-history":[{"count":4,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/posts\/2091\/revisions"}],"predecessor-version":[{"id":2103,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/posts\/2091\/revisions\/2103"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/media\/2092"}],"wp:attachment":[{"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/media?parent=2091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/categories?post=2091"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/tags?post=2091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}