[12][13] The group will join Ken Catanella, who remains with the team as an assistant GM. LAC (127) vs SAC (128). Do you have a blog? It had to be a hard decision. Then Sacramento's vice president of corporate partnerships, David feared he'd have to make ends meet as a private sports marketing consultant. Location: Sacramento, California Team Names: Sacramento Kings, Kansas City Kings, Kansas City-Omaha Kings, Cincinnati Royals, Rochester Royals Seasons: 75; 1948-49 to 2022-23 Record: 2691-3212, .456 W-L% Playoff Appearances: 29 Championships: 1 More Franchise Info They wanted to go local. What McNair will do with the pick remains to be seen, as the league is about one month out of the NBA Draft taking place. I'll call them tomorrow. All three hires were reported last month by veteran writer Marc Stein and Andscape's Marc J. Spears, but the deals weren't completed until Friday, sources told Anderson.. Christie, 52, played 15 seasons in the NBA . And he becomes emotional when he speaks on his own behalf, pausing to collect himself as he conveys remorse to the court. A former Sacramento Kings executive was sentenced to seven years in federal prison Monday for embezzling more than $13 million from the NBA team. Neither was. A portion of the monthly rate will go to offset annual costs associated with owning the property (which are over six figures monthly and over seven figures annually) and any revenue that the team will forgo (i.e. According to . Among the weak links, they say, was the Kings' finance department. Lakers aiming for sixth seed so they can play Kings in playoffs Account Executive at Sacramento Kings Sacramento, California, United States. Fifteen years in Cincinnati. It's a seemingly innocuous inquiry from an HR lifer. [2] Early life [ edit] Born in Chicago, Illinois, Kolokotronis is the second of four daughters born to Greek immigrants. 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. So Golden 1 would be getting an invoice for $5.5 million weeks before the payment." Knicks-Celtics, 7:30 p.m. The same . Whether it's a $20,000 signage buy with Van Wagner, a shipment of basketballs or a $110 million sponsorship deal, most NBA organizations have a rigorous system that tracks every purchase and sale. 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. Between the two of them, they spent nearly 30 years with the Kings. The organization did not provide those numbers. 2022 season schedule, scores, stats, and highlights. When the FBI arrived Wednesday afternoon, the Kings were armed with troves of documents unearthed and organized by Wegzyn -- a binder with all the correspondence, the tax documents, the bank statements, anything she could get her hands on. Later that Wednesday, Wegzyn reached out to Golden 1 and Kaiser Permanente to learn more. "It tells a better story.". She was careful not to reveal her intention, not wanting to alarm either entity. "Any organization can suffer betrayal by a trusted employee," says Bill Portanova, a former assistant U.S. attorney who was retained by the Kings as an independent investigator. It was looking to broker courtside signage for Peak Sport, a sportswear company. But this was the nerve center of Jeff's world. NBA Executives Still Believe Kings' De'Aaron Fox Is 'Gettable' One team president says the franchise initiated a full audit of its operations days after the story became public. 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. The Kings had missed the postseason for the past 14 consecutive seasons going back to 2006 - the longest active drought and one shy of the NBA record held by the Buffalo/San Diego/Los Angeles Clippers. (4/28/20), Kings Join 49ers, Other Local Major Sports Team In Donating 50,000 Face Coverings To Health Care Providers, CBS Sacramento, 4/24/20, Harrison and Brittany Barnes are donating $40,000 for weekly groceries to people in need while also providing coffee and pastries for medical workers at Kaiser's South Sacramento Intensive Care Unit. "We're going to lose everything.". 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. When Golden 1 remitted its first scheduled annual payment, it did so to SSP -- not the Kings. Matina Kolokotronis (born November 21, 1964) is Chief Operating Officer of the Sacramento Kings of the National Basketball Association. Wilcox will support General Manager Monte McNair in all facets of front office operations including roster construction, strategy and player evaluation. Report this profile . Use without license or authorization is expressly prohibited. A few minutes after he hangs up, his mother-in-law, Nancy, is standing at the front door when an FBI investigator appears, asking to speak to Jeff.Editor's PicksInside the NBA's silent tension surrounding Daryl Morey3yKevin ArnovitzFrom the archives: How former ref Tim Donaghy conspired to fix NBA games3yScott Eden1 Related. "I lost the respect I had," David tells Judge William B. Shubb. The wild story behind the NBA's most unlikely heist, Morant to miss two games after video with gun, Sixers rally to snap Bucks' 16-game win streak, Curry, Iguodala probable to return vs. Lakers, Sources: Suns hiring Pistons' Bartelstein as CEO, Grizzlies' Clarke tore Achilles, out for season, Kerr touts 5-0 homestand: Dubs 'turned a corner', KD: Mavs tilt, Kyrie meeting 'just another game', Sources: Dragic joining Bucks for rest of season, The paths of KD and Kyrie: How one month changed three franchises and two superstar legacies. Sacramento, California, United States Hand-picked to serve as an executive assistant to the Senior Vice President of Marketing and Chief Technology officer offering administrative leadership. He tries to establish a personal rapport with the government's lawyers, but few professions are more impervious to a salesman's charm than that of government lawyer. "I was just curious what that is and if those are documents that should go to somebody else," Wegzyn says. 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. NBA executives believe Kings could trade No. 4 pick for immediate help They were a massive disappointment, yes, but also so transcendent for brief moments. As the person principally responsible for selling associations to these famous athletes, David was a fixture on the event level, too. 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. Summer 2018: Wegzyn finds the trail "It seems to come down to around 20- or $25,000 a month," Stone said. I have to stay with this. 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. She discovered that David had applied for mortgages and included a bank statement to a lender that showed a $4.4 million deposit from Kaiser Permanente. On June 8, 1983, an investment group from Sacramento purchased the Kings. You gotta admire Scot's remarkable humility Whenever we talk about the 2000s Sacramento Kings, a.k.a. 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 King's Foundation does a great job right now. CFOs swap accounts of stress-testing their team's internal checks and balances to protect against potential fraud. David's lawyers counter that their client has cooperated fully and presents little risk of recidivism. (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. "Giving back to the community, that was always emphasized in my experience there," Stone said. 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. Tools and Resources Used by Real General Managers. "He knew I was capable of it" - Ex-Sacramento Kings backup center Scot Pollard said Rick Adelman always wanted him to score. Suns-Mavericks, 1 p.m. (ABC) Kings drafting Keegan Murray could turn into Jaden Ivey regret He planned to rent these investment properties, but in the meantime, his young family could bask in the warm glow of one of L.A.'s most appealing coastal towns. He strongly suspects he's the perpetrator of a felony. Why did Jeff David steal $13.4M from the Kings? Just zeros. Contact Us | NBA.com The cash used in the purchases was almost entirely the millions sent to Jeff by Golden 1 and Kaiser Permanente. A former top Sacramento Kings executive was sentenced Monday to seven years in prison for siphoning $13.4 million from the team. Golden 1 and Kaiser Permanente wired millions to an entity they hadn't vetted without asking David to loop in his legal and finance counterparts. 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. The Kings selected Tyrese Haliburton with the 12th pick in the 2020 NBA Draft. Wegzyn was aware of other entities associated with the Kings' basketball and real estate assets, but this one didn't sound familiar. "What happened with Golden 1 and Kaiser probably doesn't happen with American Airlines or Bank of America," says a top NBA team executive. January 24, 2022 12:01am A Sacramento Kings executive was fined by the NBA for in-game actions, raising a complicated legal question. ", "What's he talking about?! "We're partners. Very fast paced and high stress environment. In June 2015, the Kings and California credit union Golden 1 agreed to a 20-year, $110 million naming rights deal for the team's new arena. They put up 176 points and 153 points at the end of regulation in a. Current heads of basketball operations in the, Note: Those listed here hold one or more of the titles, "Rockets' Monte McNair Hired as Kings' Head of Basketball Operations", "Kings Name Monte McNair General Manager", "Monte McNair - General Manager, Basketball Operations at Sacramento Kings", "Local chatter: Oak Park grad Monte McNair returns west as Sacramento Kings general manager", "Kings GM Candidate Profile: Monte McNair", "Rockets VP Monte McNair on expectations, fit, today's NBA", "Kings Hire Monte McNair As Head Of Basketball Operations", "Kings assistant GM Peja Stojakovic step down after Vlade Divac leaves", "Kings Part Ways With G League GM Anthony McClish", "Sacramento Kings interview Denver Nuggets' Calvin Booth for GM opening", "Kings GM Monte McNair hires Wes Wilcox, Phil Jabour, Paul Johnson to fill out front office", "76ers' Phil Jabour Joins Sacramento Kings' Front Office", "Kings Exercise Option on Tyrese Haliburton", https://en.wikipedia.org/w/index.php?title=Monte_McNair&oldid=1135505392, National Basketball Association general managers, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, President of basketball operations, general manager, This page was last edited on 25 January 2023, at 01:44.