Sacramento Kings

Legendary NBA player Michael Jordan is selling his majority stake in the Charlotte Hornets. The sale ends the post NBA playing chapter for Jordan and also represents a huge return on investment. Here’s a look at the history of his NBA team ownership and how the sale relates to his NBA salary...

Sacramento Kings owner Vivek Ranadivé is one of seven finalists bidding to buy the Ottawa Senators, according to the Sacramento Bee.  Front Office Sports reported earlier this week that bids are expected to fetch more than $800 million when they hit the market in November. Still,...

For the first time in his NBA career, star Steph Curry of the Golden State Warriors finds himself in unfamiliar territory. Facing a 0-2 deficit for the first time in the NBA Playoffs, Curry looks to help his team advance and continue on the road to defend its 2022 NBA Championship. What Happened:...

The Denver Broncos are breaking records this week off the football field. The National Football League franchise is being sold to an ownership group that includes Rob Walton, one of the heirs of Walmart Inc. (NYSE: WMT), for a reported $4.65 billion. The sale price tops the $2.4 billion price tag...

Valuations for professional sports teams continue to rise. A rule that allows private equity companies to own minority stakes in National Basketball Association (NBA) teams continues to be a big story for the sport and is giving investors a way to invest in several NBA teams. What Happened:...

One of the most well-known non-fungible token projects to date has landed a handful of celebrities and athletes as holders. One of the athletes took his Ape to the next level, with it gracing his shoes during National Basketball Association games. What Happened: Sacramento Kings guard Tyrese...

The movement of players in the NBA’s offseason free agency period is so riveting it can rival the play on the court. With over $3 billion in deals made in just one day, this year's NBA free agency is arguably the most exciting one yet, with Kevin Durant and Kyrie Irving set to join the...

On Monday Square joined swelling ranks of companies accepting bitcoin. This follows the news that VC bitcoin investment is projected to reach $300 million this year. Overstock, Tiger Direct, Zynga, Virgin Galactic, Stripe, the Sacramento Kings, and now Square are validating bitcoin as a...