SACRAMENTO, Calif. (AP) - The effort to keep the Sacramento Kings from moving to Seattle got a boost from a Silicon Valley software tycoon who stepped forward as lead investor.
The Sacramento Bee reports http://bit.ly/YvvD1h that Vivek Ranadive will lead Sacramento's bid to keep the team, joining health-club financier Mark Mastrov and billionaire Ron Burkle.
Ranadive's involvement comes after NBA Commissioner David Stern said earlier this month that the Sacramento group's offer needed to be increased before league owners would consider it.
Sacramento Mayor Kevin Johnson, who recruited the Burkle-Mastrov group, said that adding Ranadive takes the effort ``to the next level.''
Ranadive is chairman and chief executive of TIBCO Software and already part owner of the Golden State Warriors.
If the bid is successful, he would sell his stake in the Warriors.

Top NBA Public Bets

NBA Top Stories

Thumbnail Updated NBA Finals Odds After a busy week with the NBA Draft taking place, which team improved their odds to win the 2018 NBA Finals?
Thumbnail Will Fox be a top-5 pick? With the 2017 NBA Drafttakes place later tonight. Where can we expect one of the top prospects, De’Aaron Fox, to land tonight?
Thumbnail Fultz to go to the 76ers? The Boston Celticshave traded out of the No. 1 pick. The Philadelphia 76ersnow hold the top pick once again. Is it a slam dunk who they will take in the NBA...
Thumbnail 2018 NBA Finals Odds After dominating the 2017 NBA Playoffs, will anyone keep the Golden State Warriors from winning the NBA Finals again...
Thumbnail Stephen Curry Game 5 Props Will Stephen Curry bounce back from a poor showing in Game 4 when the Golden State Warriors host the Cleveland Cavaliers in Game 5 of the NBA Finals tonight at 9PM...

NBA Team Pages