HoopsHype Vivek Ranadive rumors

June 15, 2013 Updates
June 13, 2013 Updates
June 10, 2013 Updates

Consolidating their control of the Sacramento Kings, new majority owner Vivek Ranadive and his partners on Monday secured a bankruptcy judge's approval to buy another 7 percent share of the team. The judge turned aside a last-minute purchase offer from former limited partner Bob Cook, who lost the 7 percent share when his real estate empire crumbled. The stake has been under the control of a court-appointed trustee since shortly after Cook went bankrupt in 2011. Buying Cook's share will increase the Ranadive group's ownership stake to 72 percent. NBA Commissioner David Stern's office has already approved the latest deal, said NBA lawyer Martin Zohn, and the purchase could close Wednesday. Sacramento Bee

Hall of Fame forward Larry Bird, who has discussed the Kings GM vacancy with new owner Vivek Ranadive and said to be at least mildly intrigued, told team officials that he is no longer interested in the position. Bird sat out the 2012-13 season and is weighing a return to the Indiana Pacers - where he has an open invitation to resume his role as the team's top basketball executive - or whether to extend his sabbatical to a second season, both for personal and health reasons. Sacramento Bee

With the Sacramento Kings continuing their general manager search, a most-unexpected candidate has been revealed: Kenny Smith. The former Kings player and TNT commentator told USA TODAY Sports on Sunday night that he has been in discussions with new owner Vivek Ranadive. Longtime general manager Geoff Petrie has been told that he will not be re-signed after his contract expires later this month, and Smith is clearly hoping to be part of the new regime. "We've been talking; we've been talking," Smith said. "That's all I'm going to say." USA Today Sports

"I've been winning my whole life," Smith said. "I've been blessed to be a winner. So whatever happens, whatever I do, I'm going to win an Emmy next year or I'm going to try to win an NBA championship or I'm going to try to win in cards. I'm a winner. I'm a winner. I've been blessed in my whole life, so I think I have a clear vision." USA Today Sports

Ranadive has been looking to have a two-tier structure of sorts, with a widely known name at the top joining forces with a respected executive in the front office. He is known to have had recent discussion with former Indiana Pacers team president Larry Bird, and fellow candidates Chris Wallace (former Memphis Grizzlies general manager), Travis Schlenk (Golden State Warriors assistant general manager), Mike Dunleavy (longtime coach and executive) and David Morway (former Pacers general manager) have interviewed for the job. The Kings have also received permission to speak with Pete D'Alessandro, the vice president of basketball operations for the Nuggets. USA Today Sports

June 9, 2013 Updates
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The Kings are continuing to pursue former Pacers president Larry Bird, but a person briefed on Bird's plans told CBSSports.com on Friday that it would be surprising if Bird took the job. If the Kings were able to add a big name -- they've also spoken with Mike Dunleavy and Hall of Famer Chris Mullin -- it would be for the role of team president with the authority to hire a GM. Another possibility would be to hire a top basketball mind to serve in a role similar to Jerry West's advisory role with Golden State, where Ranadive was a minority owner before becoming the managing owner of the Kings. CBSSports.com

June 6, 2013 Updates

Kings majority owner Vivek Ranadive has had conversations with NBA legend Larry Bird about running the team's basketball operations, The Bee has learned. But Ranadive did not meet with Bird on Wednesday, a team source said, contrary to an online report. Sacramento Bee

June 5, 2013 Updates
June 3, 2013 Updates

In an interview with USA TODAY Sports, West made it clear that his role in assisting Ranadive has been severely overstated by several media reports and said he took exception to the idea that he would be the unofficial point man in the process. "For some reason, I've gotten two or three calls from people (wanting the job) saying that (they) want to get in front of him and could you help, and I think it's ludicrous," West said. "I sent back to them and said that in no way, shape or form am I advising him – period. I believe that if you make an obligation to someone … and my obligation is always to (Warriors owner) Joe (Lacob) and the rest of the Warriors organization, and I have no interest in helping anyone, OK? Anyone except if I can help the Warriors obviously." USA Today Sports

June 2, 2013 Updates

The Kings have confirmed that Mike Malone will be their new coach. Sacramento announced Sunday that he would be introduced at a news conference Monday, three days after new owner Vivek Ranadive formally took control of the franchise from the Maloof family. ESPN.com

The new owners of the Sacramento Kings, hailing from all over California, represent some of the stars of the state's tech sector. The lead owner, Vivek Ranadive, runs a software company that powers railroads, airlines and scores of other businesses. The vice chairman, Paul Jacobs, is responsible for the chips found in millions of cellphones. Limited partners include tech entrepreneurs and financiers. What the group's tech orientation means for Sacramento is uncertain. The new owners have pledged to bring the full force of technology to the franchise and how it engages its fans – from new mobile apps to a fully wired new arena proposed for Downtown Plaza. "We'll bring as much technology as we can," said Jacobs, chairman and chief executive of San Diego's Qualcomm Inc. Sacramento Bee

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