HoopsHype Vivek Ranadive rumors

June 6, 2014 Updates

Sacramento Kings officials are bringing two Hall of Famers to meet forward Rudy Gay early next week in hopes of convincing him to exercise the option in his contract for next season, sources told Yahoo Sports. Gay has to decide by June 30 whether to exercise a contract option that will pay him $19.3 million next season. Hall of Famers Chris Mullin and Mitch Richmond, a former Kings star, are expected to join Kings owner Vivek Ranadive, general manager Pete D'Alessandro and head coach Michael Malone when they meet with Gay. Yahoo! Sports

June 2, 2014 Updates
April 3, 2014 Updates

Kings principal owner Vivek Ranadive, who is always looking to be at the forefront of new-age thinking, has a plan to keep front offices from doing all they can to pile up losses. Ranadive calls it the “V-Plan” and believes it would change how teams approach the season and the rebuilding process. “Part one is that we freeze the draft lottery order at the All-Star break,” Ranadive said. The rationale is if the lottery order is set then, teams would not have incentive to dump players at the trade deadline simply for the purpose of tanking. Sacramento Bee

Ranadive’s plan also would feature a way to keep every team engaged to the season’s end by keeping them all eligible for the postseason. “Then part two is at the end of the season the top seven teams in the East and the top seven teams in the West make the playoffs,” Ranadive said. “And then for the eighth spot, the remaining eight teams (in each conference) have a college-style sudden-death playoff at a neutral place.” Sacramento Bee

March 28, 2014 Updates

I would love to hear about the V Plan. Vivek Ranadive: So, basically, we have this issue with how the draft happens and people allegedly tanking. So when I was flying back from the conference, someone looked at me and asked, “Hey, have you thought about this?” People have come up with different ideas -- this idea of The Wheel, and this and that. And so I thought about it and I came up with a solution that I believe will solve most of the issues, and I call it the V Plan. There’s two parts to it. Part one is that you freeze the draft order at the time of the All-Star break. Then, everything [pertaining to the current lottery system] remains the same, but it’s frozen based on the standings at the All-Star break. Then there’s no gain in not playing at the highest level for the remainder of the season. That’s part one. ESPN.com

Vivek Ranadive: Part two is that at the end of the season, the top seven teams from the Eastern Conference and the top seven teams from the Western Conference make the playoffs. Then for the eighth playoff spot, the remaining eight teams have a sudden-death, college-style playoff in a neutral venue, like Vegas in the West and Kansas or Louisville in the East. (Note: This idea is similar to Bill Simmons' "Entertaining as Hell Tournament,” first floated here and was discussed by Silver in his chat with Gladwell at the Sloan Conference.) That would inject such excitement into the league. Teams would no longer be incentivized to lose. Their fans would have something to hope for, like a Cinderella team that got into the eighth spot. It would solve most of the issues that we’re facing with the way the draft happens right now. ESPN.com

Vivek Ranadive: When I spoke to Pete, I told him, “I’ve got three other candidates that are finalists for this job, and it’s highly unlikely that you’ll get job. I will interview you, and most likely it will be for an Assistant GM [position]. If you want to come out, come out, but the chances of you getting it are one percent.” He came out, and the night before I gave him a call and said, “There are just five questions I have for you,” and then he just absolutely blew me away. Blew me away. He was the kind of 21st century GM that I was looking for. Looking at that, we don’t hold the fact that you haven’t done something against you. (Note: Malone had never been a full-time NBA head coach, nor D’Alessandro a full-time general manager prior to their being hired to those positions with the Kings) Mark Zuckerberg was 21 when he invented Facebook. That’s just how we think. ESPN.com

March 8, 2014 Updates
March 4, 2014 Updates

Karan Madhok: I don’t believe that India yet has the infrastructure to support an NBA game, even an exhibition (http://hoopistani.blogspot.jp/2013/09/an-nba-exhibition-game-in-india-next.html). But Vivek Ranadive, the Indian owner of the Kings, has expressed interest in bringing the Kings to India for a pre-season game sometime soon. Whenever it happens, I expect Ranadive and the Kings to be involved. Ed Odeven Reporting

March 3, 2014 Updates

Sacramento Kings owner Vivek Ranadive was also on the panel and he and Grousbeck engaged in a rather interesting back-and-forth. It began with a reference to NBA commissioner Adam Silver being asked earlier in the conference about the New York Knicks not paying property tax on Madison Square Garden. Grousbeck was asked what he thought of that question, and he gave a politically correct response: “I guess I would say whatever Adam said was correct.” Ranadive leaned over and said to Grousbeck, “He said that you guys were tanking.” Grousbeck laughed, then shot back, “And what are you doing?” Boston Globe

February 17, 2014 Updates

What about the philosophical differences between your coach and your front office? Look, I know people talk about that my coach is always focusing on defense, while guys like Mullie (Chris Mullin, adviser) and Petey (D’Alessandro, general manager) are offense-oriented. And that we have offensive players. It’s no secret the game has become an offensive game, with three-point shots, layups, the rule changes. We all see it. So we have to reconcile that. And I think it’s good. If I had everyone who agreed, why would I want them? Sacramento Bee

What about your personnel moves? Greivis Vasquez didn’t work out, but you were able to shed several contracts in the trade for Rudy Gay. And re-signing DeMarcus Cousins to an extension was another major commitment. Those are two major talents. Are you getting a return on the investment? I’m very pleased with those decisions. When I bought the team, everybody told me the first thing you should do is get rid of DeMarcus, including the previous management. But I just kept an open mind, and I interacted with the young man. And what I saw was a young man who wanted to win and had experienced nothing but chaos during his time with the Kings. Throughout the season he has proven that he wants to win, and he is maturing. I can’t fault him because he wants to win so much. Sacramento Bee

Both David Stern and his successor, Adam Silver, targeted India for the next phase of the league’s global expansion. Given the lack of facilities and infrastructure, realistically, how long until the NBA schedules preseason games in your hometown, Mumbai? And how, specifically, will you benefit in India from your Kings ownership? Merchandise sales? Corporate sponsorships? Right now, we’re just saying we’ll build out the fan base. When you approach these things, you take a long-term view. You don’t ask, “How am I going to make money right now?” Are you going to lose money this season? Yes. But we’re not that concerned. Sacramento Bee

Just kind of stepping back, when I took over, we started from scratch. There is no other word for it than a turnaround. We just paid $535 million for something that had no revenue, no ticket sales, an arena that is falling apart, that had chaos in the locker room, leadership that was falling apart, and so I had to just quickly stabilize everything. And kind of keeping with my philosophy of surrounding myself with people smarter than me, I think I’ve done that. (Team president) Chris Granger is one of the top guys in the NBA. But have the politics of the arena situation been discouraging or disillusioning? Sacramento Bee

February 6, 2014 Updates
January 28, 2014 Updates

Today, the Sacramento Kings, the City of Sacramento and AECOM released the first round of renderings for the downtown Entertainment and Sports Center (ESC). The announcement was first made via an email to season ticket holders. The first set of renderings comes after six months of workshops, open houses, town halls, and focus groups, in addition to multiple surveys yielding responses from over 20,000 Sacramentans. The result is an arena design that is iconic, that celebrates the best of Sacramento, and that will showcase the latest in environmental and technological innovation. “When we bought the Sacramento Kings, we committed to the NBA and to the people of Sacramento that we wouldn’t just build a new arena, but that we’d build a world-class entertainment venue, an arena truly for the 21st century,” said Kings owner Vivek Ranadive. “Today is another major step forward in that effort.” NBA.com

January 16, 2014 Updates

The Sacramento Kings announced Thursday that they would become the first professional sports franchise to accept Bitcoin virtual currency. Beginning on March 1, fans will be able to buy gear in the team store and pay for tickets with the digital money. "When I sold the NBA on keeping the team in Sacramento, my pitch included using the sports franchise as a social network to push the technology envelope," Kings majority owner Vivek Ranadive told ESPN.com. "This is an example of that." ESPN.com

January 2, 2014 Updates

National Basketball Association (NBA) team the Sacramento Kings have signed a partnership with The Krrish Group, an Indian real estate company. The Kings are owned by Indian-born Vivek Ranadive (left in picture), who previously revealed plans to build the team's brand internationally. Sportspromedia.com

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