Basketball: Nba, Shaquille O’Neal sells stake in Sacramento Kings – The Southern Newsstand

New York, Jan 13 (Adnkronos) – Shaquille O’Neal confirmed that he sold his stake in the Sacramento Kings to pursue other business interests. The NBA legend, who spent most of his career at the Los Angeles Lakers and Miami Heat, became a partial owner of the Kings in 2013. However, he has now confirmed on Twitter that he was required to sell under the rules of the NBA. Nba due to his desire to start a new business venture. “As a result of a new commercial effort, NBA rules require me to sell my stake in the Sacramento Kings,” the 49-year-old wrote. “I want to thank the fans, the city of Sacramento, Vivek Ranadive and the entire Kings organization for our great collaboration. I enjoyed being the owner of such a forward-thinking organization and hope to return someday. Until we do. we will meet again … “. The four-time NBA champion made the announcement just before his former Lakers were beaten 125-116 by the Kings in Sacramento.

Facebook
Pinterest
Twitter
LinkedIn
Email

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *