Mark Mastrov Rumors

Prominent agent Bill Duffy has partnered with Crunch Fitness and Brain Bar in an effort to incorporate health and fitness into his clients’ marketing opportunities and strategies for managing their post-playing careers. He struck up the relationship with Crunch via his friendship with Sacramento Kings co-owner Mark Mastrov, who sold 24-Hour Fitness for $1.6 billion in 2005 and started a new company that bought the Crunch franchise out of bankruptcy in 2009. With NBA players becoming more focused on health and nutrition, Duffy aligning clients with health-related brands could be a sign of things to come.
via CBSSports.com
Prominent agent Bill Duffy has partnered with Crunch Fitness and Brain Bar in an effort to incorporate health and fitness into his clients’ marketing opportunities and strategies for managing their post-playing careers. He struck up the relationship with Crunch via his friendship with Sacramento Kings co-owner Mark Mastrov, who sold 24-Hour Fitness for $1.6 billion in 2005 and started a new company that bought the Crunch franchise out of bankruptcy in 2009. With NBA players becoming more focused on health and nutrition, Duffy aligning clients with health-related brands could be a sign of things to come. The NBA star who drops his affiliations with brands like McDonald’s and sugary drink manufacturers could find he has enormous opportunities to put his name and personal brand behind products that his fans should actually be consuming.
via CBSSports.com
Mendelsohn said the Ranadive group is already moving ahead on arena plans. Co-owners Mark Friedman, Mark Mastrov and Jeff Jacobs interviewed project-management firms this week. Friedman, a Sacramento developer, toured Bankers Life Fieldhouse in Indianapolis last week with two other Kings co-owners, Chris Kelly and Arjun Gupta. Tours of NBA arenas in Denver, Los Angeles and Orlando, Fla., are scheduled in the next two weeks. “Everybody is moving as quickly as possible while also being as thorough as possible,” Mendelsohn said.
via Sacramento Bee
The increased bid was made public late Friday, just hours after a source close to the situation told The Sacramento Bee that the Sacramento contingent had notified the NBA it planned to match the original Seattle offer. Earlier Friday, Sacramento Mayor Kevin Johnson announced that former Facebook executive Chris Kelly had joined the group, which also includes Silicon Valley software tycoon and Golden State Warriors minority owner Vivek Ranadive; 24 Hour Fitness founder Mark Mastrov; members of San Diego’s Jacobs family, founders of telecommunications giant Qualcomm; and Sacramento developer Mark Friedman. A source said the group had begun turning away wealthy investors seeking to join the bid.
via Sacramento Bee
The duration of the process – coupled with the fluidity of the Sacramento group that includes Vivek Ranadive, Mark Mastrov, Paul Jacobs and Mark Friedman that has yet to deliver a formal bid – prompted the Maloofs on Wednesday to leak the ultimatum about today’s deadline. On Thursday, the sources said: • An agreement that keeps the Kings in Sacramento must include reimbursement to Hansen for his $30 million nonrefundable deposit. • Before being completely surprised by the size of the Hansen/Ballmer offer, the Maloofs had rejected overtures from Ron Burkle and Larry Ellison. Ellison would have attempted to relocate the Kings to San Jose.
via Sacramento Bee
The great people of Sacramento have a lot to worry about, but this so-called Maloof deadline is not one of them: The Sacramento Bee reported this afternoon that the Kings owners have given the group from Sacramento trying to roadblock Seattle until Friday at 5 p.m. to submit a written backup offer to buy the team in the event the NBA turns down the Seattle bid. What the Bee does not report is what happens if mayor Kevin Johnson, Mark Mastrov, Vivek Ranadive et al miss the deadline. Nothing. It’s great strategy by the Maloofs, presumably as a coordinated effort, or at the very least in consultation, with the Seattle group — give Sacramento one more item it has to deal with while playing catch up, sometimes awkwardly, in the final days before a possible vote by the Board of Governors. And it’s the latest very clear sign the Maloofs are digging in and willing to show their teeth. But there’s no there there.
via Sulia
Friedman’s emergence comes one day after Mayor Kevin Johnson revealed that Southern California billionaire Ron Burkle had to reduce his role in the project because of a conflict of interest. Johnson hinted at a press conference Monday that there might be additional changes in the ownership structure. But Friedman said he’s been contemplating jumping into the Kings bid for a while. “I’ve been talking to Vivek (Ranadive) and Mark Mastrov for a couple of months,” Friedman said, referring to the lead investors in the bid for the Kings.
via Sacramento Bee