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A new owner is in place. Air Max Flyknit Shoes Price . A new coach is on the way. And for the first time in 14 years, Sacramento Kings fans can celebrate a new era. The Maloof family completed the sale of the Kings and Sleep Train Arena to a group led by TIBCO Software chairman Vivek Ranadive on Friday, officially transferring ownership of the NBA franchise. Ranadives group acquired a 65 per cent controlling interest in the team at a total franchise valuation of more than $534 million, topping the NBA record of $450 million that Joe Lacob and Peter Guber bought the Golden State Warriors for in 2010. "We are pleased for both the Maloof family and the Ranadive group, but particularly pleased for the fans of the Kings," NBA Commissioner David Stern said. Brothers George, Joe and Gavin Maloof also released statements thanking NBA owners, Stern and the familys limited partners with the Kings. George Maloof specifically praised Sacramento Mayor Kevin Johnson and the City Council "for their efforts and loyalty to the Sacramento community." Ranadive already has been busy making moves to rebuild the fallen franchise. The Kings have an agreement in place with Warriors assistant Mike Malone to become their head coach, a person familiar with the decision told The Associated Press. The person, speaking on condition of anonymity because they werent authorized to speak publicly, said Malone was Ranadives top choice. Malones hiring officially ends Keith Smarts tenure. Smart took over the Kings for the fired Paul Westphal in January 2012 and had one year remaining on his contract. Ranadive, formerly a minority owner or the Warriors, still has to hire a general manager -- a move that typically comes before finding a coach; the contract for president of basketball operations Geoff Petrie ends June 30. In a statement released through the Kings, Ranadive thanked all involved. "Mayor Kevin Johnson and the leadership group of Sacramento should be commended for their relentless efforts, hard work and tireless drive to keep the Kings in the city where they belong," Ranadive said. "We also extend our thanks to the Maloof Family for their support and co-operation throughout the sale process. Because of their efforts, this team has risen to an impressive legacy, which includes the most passionate fanbase in the NBA. "Again, thank you to Sacramento Kings fans for their unwavering commitment and loyalty to myself and this organization. Without them, this success would not have become a reality. At the end of the day, this team belongs to the people of Sacramento, and our mission is to support them. We are excited to begin the process of building a 21st century franchise that will be a source of pride and excitement for years to come." The sales completion capped a comeback few outside Californias capital city believed would happen. After owners blocked the Maloofs agreement with investor Chris Hansen to buy and relocate the Kings to Seattle earlier in May at a total franchise valuation of $625 million, the family pushed ahead with the "backup offer" to sell the team to Ranadives group. The Sacramento group also includes 24 Hour Fitness founder Mark Mastrov, former Facebook senior executive Chris Kelly and the Jacobs family that owns communications giant Qualcomm. "We congratulate Vivek Ranadive and the entire Sacramento investor group for their willingness to come forward and purchase the franchise for the people of Sacramento. We are confident they will provide the stewardship necessary to continue to guide the organization to successful levels," George Maloof said. The transfer of the team ended the Maloof familys topsy-turvy reign as majority owners of the team. The Kings reached the playoffs for the first seven years under the Maloofs and missed each of the last seven. Sacramento won back-to-back Pacific Division titles in the 2001-02 and 2002-03 seasons, advancing to the 2002 Western Conference finals, when it lost in heartbreaking fashion to the eventual champion Los Angeles Lakers in seven games. After that, the franchise started its slow and painful decline. The Maloofs, once the toast of Californias capital city, fell out of favour with fans. The suburban arena aged rapidly. Ticket sales declined. And the family explored moving the franchise to Las Vegas, Anaheim and Virginia Beach over several years until announcing an agreement with Hansens group in January. Led by Johnson, Sacramento fought back and made it too difficult for NBA owners to allow the Kings to move to Seattle. The mayor, a former NBA All-Star guard, got the Sacramento City Council to approve a non-binding financing plan for a $447 million downtown arena with a $258 million public subsidy. The Maloofs still had to agree to sell the franchise to Ranadives group. And in the end, they did -- after raising the value of the franchise to a record price. "The success of the Sacramento Kings has been due largely in part to the dedication and enthusiasm of our team members, coaches, players, and fans," Joe Maloof said. "Since our family has owned the franchise, the people of Sacramento have warmly brought the Kings into their hearts and for that we will always be grateful. As we look forward to an exciting new chapter in our family business enterprise, we will never forget the people of Sacramento and everything they have done for the Kings organization." Air Max Flyknit Modern .com) - The Chicago Blackhawks aim for their third three-game winning streak of the season when they host the struggling Edmonton Oilers in Sundays battle at the United Center. Cheap Nike Flyknit Shoes . Scott Kazmir allowed four hits in seven shutout innings, Michael Brantley hit a two-run homer in a three-run first inning and the Indians maintained their hold on an AL wild-card spot with a 4-1 win over the Houston Astros on Saturday night. http://www.airmaxflyknitsale.com/ . The International Olympic Committee released the official list of bid cities on Friday after the deadline for applications had passed. The candidates -- all previously announced in their own countries -- are: Almaty, Kazakhstan; Beijing; Krakow, Poland; Lviv, Ukraine; Oslo, Norway; and Stockholm. CHICAGO -- The Philadelphia Phillies will visit Chicagos South Side for the first time since 2004 when they open a two-game series against the Chicago White Sox on Tuesday night.Much has changed in the 12 years since the teams last met at U.S. Cellular Field. The White Sox won the World Series in 2005 and the Phillies won it in 2008, but neither team has sniffed the postseason as of late.The Phillies (58-67) are hoping to avoid a third consecutive last-place finish in the National League East. They have lost four of their past six games and have been outscored 41-19 during that span.The White Sox (59-64) have not fared much better, as they are on pace for their fourth straight sub-.500 season. However, home games are proving to be a different story. Back-to-back wins over the weekend against the visiting Oakland Athletics pushed Chicagos home record to 31-27, compared with its road record of 28-37.Home games, away games, it doesnt matter, White Sox outfielder Adam Eaton said. I dont know what our splits are right now, but I think we enjoy playing on the road just as much as playing at home.The rivalry of going into someones house and winning has been fun for us. We enjoy winning at home, as well. All games matter, especially in the position were in as a unit right now.Left-hander Carlos Rodon (3-8, 4.26 ERA) will start for the White Sox. The 23-year-old never has faced the Phillies during his career, and he is 2-2 with a 5.96 ERA in five career interleague matchups.Lately, Rodon has shown glimpses of the talent that led to him being the No. 3 overall selection in the 2014 draft. He has not allowed more than two earned runs in any of his past three starts against the Baltimore Orioles, Miami Marlins and Cleveland Indians. Air Max Flyknit Womens Sale. He is 1-0 with a 2.00 ERA and 16 strikeouts in 18 innings during that span.The Phillies will send rookie right-hander Jake Thompson (1-2, 8.79 ERA) to the mound for the fourth start of his big-league career. The 22-year-old was a second-round draft choice by the Detroit Tigers in 2012 before they shipped him to the Texas Rangers in 2014 for right-handed relief pitcher Joakim Soria. One year later, the Rangers dealt Thompson to Philadelphia as part of a package to acquire left-hander Cole Hamels.In his first three starts, Thompson has not made it past the fifth inning. He has allowed 14 earned runs in 14 1/3 innings, including five runs in five innings in his most recent outing against the Los Angeles Dodgers. Command has been a problem for Thompson, who has issued nine walks to go along with 11 strikeouts.The one thats putting me in the most amount of trouble is my sinker, Thompson told the Delaware News Journal. Not commanding it down in the zone, falling behind and trying to use four seams to get back in pitchers counts. Just struggling with it a little bit.Phillies manager Pete Mackanin expressed confidence in the rookie pitcher. Before his promotion, Thompson was 11-5 with a 2.50 ERA in 21 starts for Triple-A Lehigh Valley.Pitching is all about repeating your mechanics and making good pitches, Mackanin told the News Journal. In time, hell get there. 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  • Created: Oct 26 '17
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