The NBA 's board of governors approves the sale of the Sacramento Kings . ` It is an honor & a privilege to be part of such an amazing community . '' American entrepreneur Ted Ranadive heads the Kings ' new ownership group . Maloof family had deals to sell to a group that would ' ve moved the team to Seattle . NBA owners reject those relocation plans .
The NBA 's board of governors approves the sale of the Sacramento Kings . American entrepreneur Ted Ranadive heads the Kings ' new ownership group . Maloof family had deals to sell to a group that would ' ve moved the team to Seattle . NBA owners reject those relocation plans .