Their ownership was characterized by significant investment in the team, most notably the 2002 decision to keep the Kings in Sacramento during a contentious battle against the Seattle SuperSonics. The Sacramento Kings are currently owned by a consortium led by Vivek Ranadivé.
Who Owns Sacramento Kings Maloofs Still: Clearing Up Current Ownership
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. The current trajectory under Ranadivé is one of cautious optimism, with the team showing tangible signs of progress.
While their day-to-day operational control ended years ago, understanding their current stake is essential to grasping the full history 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.
Do the Maloofs Still Have Ownership of the Sacramento Kings?
The Ranadivé-led ownership has been focused on rebuilding the roster and strengthening the bond with the local community. This period established the family as dedicated protectors of the franchise, even through challenging playoff heartbreaks and the peak of the "Kings Kingdom" era.
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