Shaq Oneal Now Becoming Part Owner Of Sacramento Kings

[True Lakers Fan]

Just announced that Shaq will be a minority owner of the Kings, the same team that he called names and taunted for so many years.

The larger-than-life figure that teased and tormented the Sacramento Kings for so long is now the biggest name to join the franchise's new ownership group.
The Kings announced Monday that Shaquille O'Neal has acquired a minority stake in the team under new owner Vivek Ranadive. The Kings will introduce the four-time NBA champion at a news conference Tuesday in Sacramento.
During the height of his career with the Los Angeles Lakers, O'Neal fueled the rivalry with the Kings with his play on the court and his personality off of it.
O'Neal handed Sacramento its biggest blow by rallying the Lakers from a 3-2 deficit to win the 2002 Western Conference finals, which is still a sore spot for Kings fans. The 7-foot-1 center even labeled the franchise the "Sacramento Queens" and accused fan favorite Vlade Divac — whom he referred to as "she" at one point — of flopping.
O'Neal was a 15-time All-Star and the 2000 NBA MVP. He played for the Orlando Magic, Los Angeles Lakers, Miami Heat, Phoenix Suns and Cleveland Cavaliers before retiring after the 2010-11 season with the Boston Celtics.
O'Neal, now 41, has worked as an analyst for TNT the last two seasons.
O'Neal is the latest high-profile former player to join the Kings this summer after the franchise nearly moved to Seattle. Hall of Famer Chris Mullin was hired as a consultant to Ranadive — who bought the franchise from the Maloof family in May — and Mitch Richmond is part of the ownership group.
The group includes 24 Hour Fitness founder Mark Mastrov, who is friends with O'Neal. The two partnered in the past to build several gyms, especially in South Florida during O'Neal's time with the Heat.

 

[True Lakers Fan]

Shaquille O'Neal joining Kings ownership group - Charter.net

 

[trojanfan12]

Shaq's first order of business is to change their namke to the Queens!!

 

[logic]

Just announced that Shaq will be a minority owner of the Kings, the same team that he called names and taunted for so many years.

The larger-than-life figure that teased and tormented the Sacramento Kings for so long is now the biggest name to join the franchise's new ownership group.
The Kings announced Monday that Shaquille O'Neal has acquired a minority stake in the team under new owner Vivek Ranadive. The Kings will introduce the four-time NBA champion at a news conference Tuesday in Sacramento.
During the height of his career with the Los Angeles Lakers, O'Neal fueled the rivalry with the Kings with his play on the court and his personality off of it.
O'Neal handed Sacramento its biggest blow by rallying the Lakers from a 3-2 deficit to win the 2002 Western Conference finals, which is still a sore spot for Kings fans. The 7-foot-1 center even labeled the franchise the "Sacramento Queens" and accused fan favorite Vlade Divac — whom he referred to as "she" at one point — of flopping.
O'Neal was a 15-time All-Star and the 2000 NBA MVP. He played for the Orlando Magic, Los Angeles Lakers, Miami Heat, Phoenix Suns and Cleveland Cavaliers before retiring after the 2010-11 season with the Boston Celtics.
O'Neal, now 41, has worked as an analyst for TNT the last two seasons.
O'Neal is the latest high-profile former player to join the Kings this summer after the franchise nearly moved to Seattle. Hall of Famer Chris Mullin was hired as a consultant to Ranadive — who bought the franchise from the Maloof family in May — and Mitch Richmond is part of the ownership group.
The group includes 24 Hour Fitness founder Mark Mastrov, who is friends with O'Neal. The two partnered in the past to build several gyms, especially in South Florida during O'Neal's time with the Heat.

This is so he can continue to destroy the franchise like he did as a player???

 

[jayviabay]

Makes sense, he has several women on the side who resides in sac... Easier excuse to get away from the main squeeze..

 

[BOTSLAYER]

Love it and have a good feeling he will be millions times better than jordan at this

 

[logic]

Love it and have a good feeling he will be millions times better than jordan at this

Not sure he'll be better, but he will be a hell of a lot more fun!

 

[jayviabay]

Jordan is majority owner, I doubt Shaq will have that much influence on decision making? He probably has a very small percent of ownership

 

[BOTSLAYER]

I think shaq will make a good owner. He understands it takes a team and on the business side i think he will be professional. On the public side he might not be as professional but that only hurt Cuban so much.

 

[lakersrule]

Shaq is only getting a minority stake. I doubt he'll have any decision-making power. He'll be more of a figurehead like Magic was with the Lakers.

 

[True Lakers Fan]

This is so he can continue to destroy the franchise like he did as a player???

 

[True Lakers Fan]

Seriously though - Shaq will fine as an owner - he didn't make all of those millions just to blow them away. Being out of the game, he is now doing like other players and investing his money. It should be a good investment for him. The new group has deeper pockets then the Maloofs and hopefully will make the company grow

 

[Lakers+USC=#1]

"Sacramento is no longer the capital, LA is the new capital of California" ~Shaq

 

[wildturkey]

How big of a minority? Is this another Jay Z situation that everyone blows out of proportion because in reality he only owns a tiny fraction of 1 percent of a share?

 

[geneh_33]

Demarcus Cousins is awesome. Sure wish we could get him to come to Atlanta. Dream on, I guess.

 

[True Lakers Fan]

Demarcus Cousins is awesome. Sure wish we could get him to come to Atlanta. Dream on, I guess.

Not going to happen - He is already working on a contract with the Kings and expects to be resigned real quick. Sorry about that

 

[geneh_33]

Not going to happen - He is already working on a contract with the Kings and expects to be resigned real quick. Sorry about that

It wouldn't happen anyway. The Hawks are too cheap. 6 or 7 teams would bid higher.

 

[True Lakers Fan]

It wouldn't happen anyway. The Hawks are too cheap. 6 or 7 teams would bid higher.

lol - That seems to be the Thunders too - and they will never win a championship without spending the $$$$$

 

[geneh_33]

lol - That seems to be the Thunders too - and they will never win a championship without spending the $$$$$

AT least they did make it to the Finals. The Hawks have never been past the second round.

 

[True Lakers Fan]

AT least they did make it to the Finals. The Hawks have never been past the second round.

Kind of sad to me, but some of those teams think small - and as a result, they stay small and then when the CBA negotiations come along, they want to take it out on the players and bigger teams