Sacramento Kings Executives Location: Sacramento, California Team Names: Sacramento Kings, Kansas City Kings, Kansas City-Omaha Kings, Cincinnati Royals, Rochester Royals Seasons: 75; 1948-49 to 2022-23 Record: 2689-3212, .456 W-L% Playoff Appearances: 29 Championships: 1 Sacramento Kings Franchise Index Year-by-Year Stats Basic Stats Team Stats What did you do?! During Pitch Day, the Top 8 presented their companies to a panel of successful entrepreneurs, executives and investors including: John Rinehart, Sacramento Kings President of Business Operations You gotta admire Scot's remarkable humility Whenever we talk about the 2000s Sacramento Kings, a.k.a. But it's when Sommercamp asks about how he obtained signatures from his partners in Sacramento that Jeff knows it's time to suspend his cheery front. On Thursday, when the Kings were mining their network for additional evidence, a folder named "660" was uncovered -- 660 J Street was a temporary home of the team's business operations during construction of the new arena. IT WAS ONLY one document -- one ordinary little document -- that Stacy Wegzyn had needed from Jeff David. They put up 176 points and 153 points at the end of regulation in a. Rich shifts into fix-it mode, calling attorneys he knows back at home in Ohio, leaving messages because it's after midnight on a Tuesday morning. She also noted that the Kings were one of many teams that agreed to pay game-day workers through the month of March and that they donated nearly 3,000 pounds of excess stadium food. So Golden 1 would be getting an invoice for $5.5 million weeks before the payment." On June 8, 1983, an investment group from Sacramento purchased the Kings. Led by David, they had begun discussions with several corporations for the naming rights for their new arena and training facility, which were under construction. It had to be a hard decision. Peterson was with the organization for 25 years under three different owners. After a short night's sleep, the family returns to the house in Pinecrest the next morning to rebox their belongings. The organizational chart of Sacramento Kings displays its 36 main executives including John Rinehart, Matina Kolokotronis and Tom Hunt . "You're probably not going to get that money back," Sommercamp says. Kate, a chronic worrier about the Davids' growing family, could rest easier knowing he'd secured their future. NBA.com is part of Warner Media, LLCs Turner Sports & Entertainment Digital Network. SACRAMENTO, Calif. A former executive with the Sacramento Kings has been sentenced to seven years in prison for stealing millions of dollars from the NBA team, according to the U.S.. She'd told the Kings' IT department that she needed access to David's email. Find out more. The house in Hermosa Beach that David purchased in July 2016 for $8 million sells for $10.6 million; the Manhattan Beach house he bought for $3.8 million sells for $4.3 million. It was looking to broker courtside signage for Peak Sport, a sportswear company. It's no surprise that Sacramento would be willing to package Buddy Hield, Marvin Bagley III and multiple. NBA.com is part of Warner Media, LLCs Turner Sports & Entertainment Digital Network. He says he's investigating a real estate title company. Director, Partnership Marketing & Business Development, Jozee PerrelliDirector, Box Office Operations, Colin WarnerDirector, Business Intelligence, Karl CrudupDirector, Event Sales & Production, Michael RamosDirector, Groups & Hospitality, Nichole AmbergDirector, Interactive Design & Strategy, Allison ChandlerDirector, Marketing & Advertising, Kelsey KauffroathDirector, Marketing & Fan Engagement, Matthew JohnsonDirector, Membership Sales & Sales Enablement, Nick CooperDirector, Membership Services & Retention, Kamilah JohnsonDirector, Retail Merchandise, Katie NicholsonDirector, Social Responsibility, Meryl BalalisDirector and Sr. "You know what you did. "It's a Sacramento tradition.". Tools and Resources Used by Real General Managers. Jabour will be primarily responsible for overseeing the structure and processes of the scouting department. Owner Vivek Ranadiv said, "I am excited to bring his extensive experience and vision onboard to lead our basketball operations department. When asked for the motivation behind the theft, David, years later, gives no unified theory. [6], In 2007, McNair joined the Houston Rockets as the basketball operations senior analyst. Director, Basketball Administration, Robbie LemonsSr. Three takeaways from Kings 123-117 win against Thunder, Three takeaways from Kings 124-115 win over Oklahoma City Thunder, Kings waive KZ Okpala, sign PJ Dozier for the rest of the season, 5 takeaways from the Kings beating the Clippers in the second-highest scoring NBA game ever, 3 takeaways from Sacramentos 133-116 win over the Portland Trail Blazers. He says he had the mechanics worked out: On July 1, 2026, the Kings would be expecting $5.5 million (per the original payment schedule). Choose at least two teams from the menus below to start your trade. When asked whether David's scenario sounds plausible, business operations executives from six NBA teams say they find it far-fetched. Less than four years after siphoning off $30,000 in courtside signage, David had now stolen $13.4 million from the Kings and their top corporate partners. We are not making it all up in our heads, thinking well of Kris Dunn because we want to: he has real talents to bring, and a body that for the time being will allow him to use them. "Our money is frozen," Jeff says as Kate listens. Free Test. Kate toggles over to the family's secondary account at Wells Fargo. 25% of those beds (to serve COVID-positive patients) are located in the team's former practice facility adjacent to the arena which was provided to the state at no cost. Subscribe to Stathead Basketball: Get your first month FREEYour All-Access Ticket to the Basketball Reference Database. But in Sacramento, where those with money are more likely to hide their affluence than flaunt it, this was the single most prominent accumulation of wealth the city saw. Sacramento Kings. The masculine minimalism looked familiar to anyone who has walked into a boutique hotel in the past decade. the official stats partner of the NBA, NHL and MLB. (4/20/20), Kings fans came together to show support for frontline health care workers on Wednesday night, which was supposed to be the team's regular-season finale. She discovered that David had applied for mortgages and included a bank statement to a lender that showed a $4.4 million deposit from Kaiser Permanente. With each passing hour, she became increasingly convinced that she was headed down a path that would upend David's life forever. When she found a receptive party at Golden 1, she emailed him the list of legitimate Kings entities, burying SSP in the middle. (4/17/20), Cody Demps continues to stay ready amid the suspended G League season and took on a Kings Guard Gaming member in an NBA 2K20 game. To believe that any of 2023's neo-contenders can become bonafide champs over the next few months is to believe that a once-in-a-quarter-century occurrence is about to transpire. David offers a broad outline of the Golden 1 and Kaiser Permanente schemes. LAC (127) vs SAC (128). Select the fourth team from the drop down menu. Golden 1 and Kaiser Permanente wired millions to an entity they hadn't vetted without asking David to loop in his legal and finance counterparts. He won't see the children at all for the next several years. Given the circumstances, they're worried David might try to arrange a questionable below-market deal with a side payment to himself or a friend. IN JANUARY 2019, top business-operations executives from the NBA and its 30 franchises congregate in Miami for the league's annual sales and marketing meetings. (These workers are in addition tothe300-400 healthcare professionalsthestatehas hired to work atthefacility.)". "I need you to listen to me.". "I'm in really big trouble," Jeff says to Kate's mother, Nancy, and her partner, Rich. "I've got something really crazy going on at work," she said. Every Sports Reference Social Media Account, Site Last Updated: Saturday, March 4, 6:46PM. Jeffrey David, 44, the team's former chief revenue officer, pleaded . To learn more or opt-out, read our Cookie Policy. A former Sacramento Kings executive was sentenced to seven years in federal prison Monday for embezzling more than $13 million from the NBA team. Like most, they thought that the Kings were donating the shuttered arena to the state for free. He pulls out the business card Sommercamp handed him when Jeff walked the agent out the door -- after telling Sommercamp that he'd be more comfortable continuing the conversation once he consulted an attorney. Wegzyn and the Kings brass realized it was time to escalate this homegrown investigation. What if I'm wrong? McNair hopes to bring stability to the organization. Across the courtroom, the U.S. attorney's team readies itself to argue that Jeff David should serve nine years in federal prison. Our reasoning for presenting offensive logos. Then Sacramento's vice president of corporate partnerships, David feared he'd have to make ends meet as a private sports marketing consultant. So when they later learned the Kings were actually charging the state half a million dollars a month to rent the arena in addition to utilities and employee salaries, which the state also has to pay "Everyone I talked to just couldn't believe it," Stone said. When Golden 1 remitted its first scheduled annual payment, it did so to SSP -- not the Kings. (3/30/20), With Golden 1 Center effectively closed because of COVID-19, the Sacramento Kings had some food on their hands and decided to donate that food to the local community. (4/28/20), Kings Join 49ers, Other Local Major Sports Team In Donating 50,000 Face Coverings To Health Care Providers, CBS Sacramento, 4/24/20, Harrison and Brittany Barnes are donating $40,000 for weekly groceries to people in need while also providing coffee and pastries for medical workers at Kaiser's South Sacramento Intensive Care Unit. Just zeros. On occasion, Ranadive walked into the building alongside celebrities such as Drake and Jamie Foxx. A few minutes after he hangs up, his mother-in-law, Nancy, is standing at the front door when an FBI investigator appears, asking to speak to Jeff.Editor's PicksInside the NBA's silent tension surrounding Daryl Morey3yKevin ArnovitzFrom the archives: How former ref Tim Donaghy conspired to fix NBA games3yScott Eden1 Related. "It seems to come down to around 20- or $25,000 a month," Stone said. Hours earlier, the FBI had stormed her house. Amidst the discussion around who the Sacramento Kings draft with the No. The reasons for their failure may have been inherent to the whole project. The average Sacramento Kings executive makes $274,769 a year. Inside the folder were the contents of David's old laptop, which included a PDF with the signatures of Granger, Bland and Rinehart, along with copies of the amendment for the Golden 1 deal and the revised contract with Kaiser Permanente. Sacramento, California, United States Hand-picked to serve as an executive assistant to the Senior Vice President of Marketing and Chief Technology officer offering administrative leadership. It's a seemingly innocuous inquiry from an HR lifer. Sacramento Kings, Kansas City Kings, Kansas City-Omaha Kings, Cincinnati Royals, Rochester Royals, Seasons: "That was a man, this is taking me back. ", The Kings pointed to a statement from Cal OES spokesman Brian Ferguson, where he said: "The arrangement with the Kings is consistent with what's being done at the other sites.". However, CBS13 also asked how the Kings planned to use the money it is making on the arena during the pandemic. "You could come work for us," Sommercamp told Wegzyn. 4 overall pick in the 2022 NBA Draft, the discourse of shopping the pick has been a quiet Plan B that league. Wegzyn had also found a couple of K-1 tax forms listing Golden 1 and Kaiser Permanente as partners in SSP, which seemed peculiar given that credit unions and health care consortiums don't make a habit of investing in beach houses with basketball executives.

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