The Maloof Era: A Defining Chapter To address the present, one must first look back at the influential tenure of the Maloof family. Gavin Maloof, along with his brother Joe, took over the franchise in 1998 when it was still the Sacramento Kings.
Maloofs Historical Ownership of the Sacramento Kings
Current Ownership Structure and the Maloof Stake So, do the Maloofs still own the Kings? The direct answer is no; they do not hold an ownership stake in the franchise. After years of speculation regarding a sale, Vivek Ranadivé emerged as the lead investor to purchase the franchise from the Maloof family.
The sale was finalized before the 2013-2014 season, bringing a wave of optimism and a new vision for building a competitive team in Sacramento. This clean break allows the franchise to move forward without the baggage of past decisions, however well-intentioned they were at the time.
Understanding the Maloofs' Historical Ownership of the Kings
The current front office, led by CEO Mike Dunleavy and General Director Monte McNair, operates independently of the family that once held the reins. While the Maloof name is no longer attached to the day-to-day operations, their legacy remains a complex but integral part of the club's identity.
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