Raptors-Clippers, 10 p.m. *All times Eastern. Owner Vivek Ranadiv said, "I am excited to bring his extensive experience and vision onboard to lead our basketball operations department. SACRAMENTO (CBS13) Former Sacramento Kings executives say they are shocked that the organization is charging the state $500,000 a month to rent the shuttered Sleep Train Arena to be used as a field hospital for COVID-19 patients. Shubb, an 81-year-old who has presided on the bench in the Eastern District of California since 1990, expresses deep skepticism over whether David's contention that he planned to pay back the money is plausible. Founded in 1923, The Sacramento Kings are a professional basketball team based in Sacramento, California, United States. From the exposed wall of the lounge, guests watched Kings players dash to and from the locker room and court for warm-ups. FOR JEFF DAVID, the summer of 2017 was one of those times when the reality of a man's life surpasses even his dreams. Or write about sports? Former Kings Vice Presidents Tom Peterson and Mark Stone said they spoke with other VPs and former owners who, they say, shared their concern. Sacramento's also failed to field a league-average defense even once since Adelman. - Develop Fan Experience strategy to sell $100k in experiences through the Kings App. Blake knew that Quick's contract, the huge 10-year deal he signed after winning the Conn Smythe Trophy in 2012, didn't have a no-trade clause in it. [8][9] Divac and the Kings traded DeMarcus Cousins to New Orleans in 2017 and chose to draft Marvin Bagley III in 2018, one pick ahead of Luka Doncic. As the Kings' CRO, he had been the architect of multimillion-dollar sponsorship deals that were funneled to an ownership group whose managing partner was worth several hundred million dollars. Jeff's mother-in-law and her partner had arrived the previous night to help wrangle the kids while Jeff and his wife, Kate, led their family from their rental home in Coconut Grove. 2022 season schedule, scores, stats, and highlights. They put up 176 points and 153 points at the end of regulation in a. Federal prosecutors in Sacramento, California, on Wednesday filed charges and a plea agreement signed by former chief revenue officer Jeffrey David admitting to forging the team president's signature to divert sponsorship payments to a bank account he controlled. No milieu displayed this NBA abundance more than the Lexus Lounge at the Golden 1 Center half an hour before tipoff. The family had spent the weekend at the Ohio State Fair, where two of his three kids won goldfish. - Plan and execute . Mike Brown, left, the new head coach of the NBA Sacramento Kings basketball team poses for a photo with Kings general manager Monte McNair, right, in Sacramento, Calif., Tuesday, June 21, 2022. Watch our How-To Videos to Become a Stathead, Subscribe to Stathead and get access to more data than you can imagine. 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. But multiple sources who have come through the Kings organization over the past decade say the organization had systemic flaws that left it susceptible during much of David's tenure. Kate is inconsolable.NBA RooksFollow Zion, Ja, RJ, De'Andre, Coby and more top rooks as they balance basketball and life during an exciting NBA season. The Sacramento Kings are having a rough go with clock operators this week. On June 8, 1983, an investment group from Sacramento purchased the Kings. BACK IN COCONUT Grove, in the living room of the house that Jeff and Kate had been renting, Kate lies shivering in a ball on the couch. "I knew how the Kings operated," David says. Where, according to an article in Fortune, the prison currency comes in the form of tins of cooked mackerel. She asks Jeff whether the documents contain anything that anyone with the Kings needs to see. Jeff calls Sommercamp and puts him on speakerphone. Rich and Nancy become incredulous. Odds & lines subject to change. "We're going to lose everything.". He was gregarious, fond of "hugging it out," able to laugh at himself when less extroverted spirits made light of that exuberance. David contends that from the moment he diverted funds from Golden 1 and Kaiser Permanente, he intended to repay the money. SACRAMENTO, Calif. (CN) - Capping a corporate embezzlement scheme executed inside the headquarters of a major sports franchise, a federal judge on Monday sentenced a former Sacramento Kings executive to seven years in prison for a series of white-collar crimes. Jeff tells her that's unlikely. Use without license or authorization is expressly prohibited. Like most, they thought that the Kings were donating the shuttered arena to the state for free. He recently served as an Analyst for NBA TV and SiriusXM NBA Radio, is a 2001 graduate of Cal-State Fullerton and a native of La Habra, California. the official stats partner of the NBA, NHL and MLB. Because the advertising had been purchased by Van Wagner on behalf of Peak Sports, there was no suspicion that a check from Peak hadn't turned up in the accounting department. Neither was. His first opportunity came that year when Van Wagner, a New York-based sports marketing firm, placed a routine call to David. The reality is there are only four real contenders. Very fast paced and high stress environment. Sacramento Kings Staff & Executives - RealGM Sacramento Kings Staff & Executives Team: Season: Current | Historical View: Person View | Grid View 216 staff members found. (4/8/20), Coronavirus Help: Kings Players To Donate More Than 1,000 Meals To Community, CBS Sacramento, 4/8/20, Kings players have had to stay ready for the return of basketball on their own but that doesn't mean they aren't staying together in other ways. She was careful not to reveal her intention, not wanting to alarm either entity. (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. Questions raged about how a credit union tasked with protecting the savings of teachers and a health care nonprofit could be snookered out of millions by a single individual. These three executives join Chief Strategy Officer Joe Dumars, Assistant General Manager Ken Catanella, Vice President of Athlete Health and Performance Teena Murray and Vice President of Kings Academy and Professional Development Galen Duncan in rounding out McNairs management team. Wegzyn figured a quick tour of his file directory would produce something, so on Tuesday, six days before the FBI sting in Miami, she'd had the Kings' IT department download an archive from their shared cloud system. Here, they begin with a directive to David: "Anytime you want to confer with your lawyers privately, we're happy to step out of the room," says Assistant U.S. Attorney Michael D. Anderson. She'd told the Kings' IT department that she needed access to David's email. The SPORTS REFERENCE and STATHEAD trademarks are owned exclusively by Sports Reference LLC. You gotta admire Scot's remarkable humility Whenever we talk about the 2000s Sacramento Kings, a.k.a. When asked for the motivation behind the theft, David, years later, gives no unified theory. Sacramento Kings [ edit] After former Kings GM Vlade Divac, Kings assistant GM Peja Stojakovic, and Stockton Kings GM Anthony McClishand stepped down in late 2020, the Kings organization made Joe Dumars their interim executive vice president of basketball operations. She tells Jeff she's been going through his old files, and in doing so she found one labeled "TurboTax" that references an entity called Sacramento Sports Partners. Account Executive (Former Employee) - Sacramento, CA - October 2, 2017 Indeed Featured review Great place to work if you truly enjoy meeting new people and building relationships! Grizzlies-Clippers, 10 p.m. Mavericks-Pelicans, 7:30 p.m. He got to work revising the original paperwork, forging team president Chris Granger's signature and sending a digital file back to Kaiser. 1948-49 to 2022-23. Team Contact Information. 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. Why did Jeff David steal $13.4M from the Kings? The Kings selected Tyrese Haliburton with the 12th pick in the 2020 NBA Draft. During negotiations, Golden 1 CEO Donna Bland suggested that if the Kings needed more cash up front, Golden 1 could be in a position to accommodate. Select the second team from the drop down menu. 2019: Begins seven-year sentence. tenants renting space in the building or revenue from the parking lots) as a result of the surge hospital.". 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. Reading David's email felt invasive, even if Kings employees, like those at most companies, sign away their privacy to people like her. The cash used in the purchases was almost entirely the millions sent to Jeff by Golden 1 and Kaiser Permanente. And after two stints with the Kings spanning more than a decade -- while helping secure hundreds of millions of dollars in arena sponsorships for the team -- he has joined one of the NBA's most respected organizations in an appealing, sun-drenched market. Just zeros. And even though he was earning $360,000 per year plus bonuses, just about everyone in here made more than he did. But it did ultimately prove useful. No alert, no explanation. Among the weak links, they say, was the Kings' finance department. Watch on ESPN+, Follow Zion, Ja, RJ, De'Andre, Coby and more top rooks as they balance basketball and life during an exciting NBA season. They state that a lengthy sentence would be an act of vengeance with no practical purpose. It's a schmoozy industry conclave where David had once thrived, and this year he is at the center of attention in absentia. Sacramento Kings forward Richaun Holmes sued the Sacramento Bee's parent company, McClatchy Co., and Bee opinion writer Robin Epley for defamation over articles that included Mr. Holmes's. Jeff wears a double-vented navy suit, whiskey-colored shoes and thick-framed glasses; Kate is in a black dress. Sacramento Kings Profile and History . Still, the Kings defend the rent stating: "Per the state, our lease agreement for Sleep Train Arena is consistent with other similar alternate care facilities that have been created to support the growing medical needs of the COVID-19 crisis across California. Select the fourth team from the drop down menu. Per team policy, terms of the deal were not . But unbeknownst to the higher-ups, he kept negotiating. Wegzyn and the Kings brass realized it was time to escalate this homegrown investigation. Her bank accounts had been frozen. Only the executives in charge of player personnel The notion that David could orchestrate, say, nine deals valued at an average of $500,000 is, the executive says, fantastical: "It doesn't work like that.". Leaving out pertinent facts will be considered a lie. Follow game Los Angeles Clippers vs Sacramento Kings live coverage, stream information, score online, prediction, TV channel, lineups preview, start date and result updates of the NBA on March 3rd . "The team almost left the city, and it was the people and companies of Sacramento that kept it there," David says. David's lawyers counter that their client has cooperated fully and presents little risk of recidivism. "[10], The Kings also interviewed Sachin Gupta (Timberwolves' EVP of basketball operations), Wes Wilcox (Hawks' former GM), and Calvin Booth (GM of the Nuggets) for the position. He had launched the first in a series of grifts that would grow from thousands to millions of dollars. Several of the executives note that it's not unusual for teams and sponsors to explore renegotiating their active agreements, which would require executives on both sides to review the paperwork. IN 2009, WITH the NBA in the headwinds of the global recession and rumors of a Kings relocation swirling, David was a man with growing concerns. [4], McNair earned a Bachelor of Science degree in computer science from Princeton University in 2006. Michael McCann Jan. CBS13 requested copies of those lease agreements from the state, most of which appear to be for existing medical facilities, but we did not receive a response by our deadline on Thursday. Then Sacramento's vice president of corporate partnerships, David feared he'd have to make ends meet as a private sports marketing consultant. If he knows that -- or senses it -- he doesn't let on. On Sept. 7, 2018, the Heat dismiss David. The 29-year-old Holmes, who is in his eighth NBA season, was accused of domestic violence by his ex-wife last March. The organization points to its "In This Together" initiative. [11], In October 2020, McNair hired three employees to his front office: former Hawks GM Wes Wilcox as assistant GM, former 76ers director of scouting Phil Jabour as VP of player personnel, and OKC Blue assistant GM Paul Johnson as director of basketball operations. "That explanation rings hollow for me," Stone said. If he had truly wanted to return $4.4 million to the franchise, he would have needed to get creative. 496 followers 493 connections. Watch on ESPN+. Jeffrey David, 44, the team's former chief revenue officer, pleaded . The Kings are closing in on the Memphis Grizzlies in the standings. Tech titans helped themselves to sushi, while guests roamed downstairs on Ranadive's sunken basketball half court. Sommercamp wants to know who these investors are. Six seasons split between Kansas City and Omaha, and then seven more in just K.C. Select the players you wish to trade from the rosters below. What if I'm wrong? Does Jeff truly believe that the only item on his to-do list is restitution? Motivated by such prospects, he'd set up a private entity -- Sacramento Sports Partners. Phone: 888-91-KINGS. Jul 2019 - Present3 years 9 months. He strongly suspects he's the perpetrator of a felony. 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. Stacy and Mark bid schmaltzy parental farewells to their daughter, whom they settled at school, then reversed course back to Sacramento. Jeff, the former chief revenue officer of the Sacramento Kings, has taken the day off to move after landing a new role as CRO of the Miami Heat. Kate grasps for any theory, speculating that the agents might have been con artists posing as Feds to fleece the family. Matina Kolokotronis serves as the Chief Operating Officer (COO) of the Sacramento Kings. LAC (127) vs SAC (128). Jeff assures her they can trash them because the entity isn't around anymore. The organizational chart of Sacramento Kings displays its 36 main executives including John Rinehart, Matina Kolokotronis and Tom Hunt . On this Monday, walking through the Davids' new front door is a dizzying procession of cable guys, utility workers and movers. With David no longer present to service the Golden 1 account or run interference, the fraud would be nearly impossible to manage. It contains the objects of Jeff David's life, all destined for the Davids' new house in the affluent Pinecrest neighborhood. The amount represented a relatively small sum for a franchise that would generate some $13 million in sponsorship revenue that season. Maybe 2015? It was looking to broker courtside signage for Peak Sport, a sportswear company. 60 activities a day, usually cold calls but they allow you to choose what kind of client you reach out to. After former Kings GM Vlade Divac, Kings assistant GM Peja Stojakovic, and Stockton Kings GM Anthony McClishand stepped down in late 2020, the Kings organization made Joe Dumars their interim executive vice president of basketball operations. David breaks down during the testimonial from his mother-in-law, removing his glasses and burying his head in his hands. Select the second team from the drop down menu. So Golden 1 would be getting an invoice for $5.5 million weeks before the payment." We expect you to tell us everything you know, and if you plan to do anything apart from that, let's go our separate ways, because lying is worse than telling us nothing at all.". Select the players you wish to trade from the rosters below. They showed this by drafting Davion Mitchell with the 9th overall pick. For several more hours, Rich tries to pierce Jeff's logic, while Nancy reassures the family that Jeff is redeemable. engineers, janitors, food service workers and security officers) to return to work who were previously unable to work due tothestate-mandated closure of Golden 1 Center. Furthermore, the U.S. attorney's office believes the debate over whether David could feasibly repay the funds is irrelevant because he had no intention to do so. Duality underpins practically everything about the brief existence of the KD, Harden and Kyrie Nets. On occasion, Ranadive walked into the building alongside celebrities such as Drake and Jamie Foxx. Starting with the 2023-24 NFL season, all preseason and regular season 49ers games will be radio broadcast by Sactown Sports for the Sacramento Faithful. Starting in 2026, the annual installments due on July 1 of each year were reduced by either $500,000 or $1 million for the duration of the deal. Kate dials Bank of America, whose reps bounce her around the after-hours customer service labyrinth. Wilcox will support General Manager Monte McNair in all facets of front office operations including roster construction, strategy and player evaluation. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. January 24, 2022 12:01am A Sacramento Kings executive was fined by the NBA for in-game actions, raising a complicated legal question. 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. One Kings co-worker considered him the sort of oleaginous salesman who'd go into business with anyone. 2016: Purchases beach homes While Peterson and Stone left the Kings organization in 2006 and 2009, respectively, they said they've spoken with several other former executives who are still working in the industry. Another said David had a casual relationship with the truth, the type of person who claimed, semiseriously, to be the inventor of phrases like "Cali Love. What Wegzyn didn't yet have were whatever contracts David had drawn up to lure Golden 1 and Kaiser Permanente into his scheme. "Jeff David was a lone operator.". "Giving back to the community, that was always emphasized in my experience there," Stone said. When she found a receptive party at Golden 1, she emailed him the list of legitimate Kings entities, burying SSP in the middle. Then drop a silly rap lyric about an account.". And now, after her husband has confessed to a monstrous fraud, her mother sits beside her and extends an arm, but she is virtually unresponsive. BACK AT THE rental house in Coconut Grove hours later, Kate logs on to her personal banking app to discover a balance of $0.00. 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