"You have to put on real clothes, dude," he tells his 5-year-old son, who finds the proposition that he can't wear pajamas to a suburban shopping mall entirely unconvincing. Matina Kolokotronis (born November 21, 1964) is Chief Operating Officer of the Sacramento Kings of the National Basketball Association. Kate, a chronic worrier about the Davids' growing family, could rest easier knowing he'd secured their future. For each of our 1,114,789 listed executives, discover their exact roles and their biographies. A History Lesson For Sacramento: How Kansas City Lost The Kings - Deadspin Joelle Terry Senior Vice President, Communications Joelle Terry serves as the Senior Vice President, Communications of Sacramento Kings. His first opportunity came that year when Van Wagner, a New York-based sports marketing firm, placed a routine call to David. Deals like this often have "escalators," an excess amount paid each year to account for inflation or increased operating costs -- akin to a cost-of-living adjustment. engineers, janitors, food service workers and security officers) to return to work who were previously unable to work due tothestate-mandated closure of Golden 1 Center. - Plan and execute . Kings Add 3 Executives to the McNair-Led Front Office Former Kings executive Jeffrey David explains decision to steal Matina Kolokotronis serves as the Chief Operating Officer (COO) of the Sacramento Kings. Jeff last remembers sitting in her office in Sacramento just months earlier, being told that the Kings were going to eliminate his position. "I knew how the Kings operated," David says. I'll be up soon.". Inside the folder were the contents of David's old laptop, which included a PDF with the signatures of Granger, Bland and Rinehart, along with copies of the amendment for the Golden 1 deal and the revised contract with Kaiser Permanente. One Kings co-worker considered him the sort of oleaginous salesman who'd go into business with anyone. Sacramento Kings event. David says that in his capacity as a top executive with another team, he could have called his counterpart in Sacramento several times over a 10-year period and brokered such deals. She also noted that the Kings were one of many teams that agreed to pay game-day workers through the month of March and that they donated nearly 3,000 pounds of excess stadium food. Team Contact Information. The party, say sources with knowledge of the event, cost between $150,000 and $200,000. Get browser notifications for breaking news, live events, and exclusive reporting. Jeff wears a double-vented navy suit, whiskey-colored shoes and thick-framed glasses; Kate is in a black dress. THE KINGS ENTERED 2015 celebrating their unlikely survival. Like most, they thought that the Kings were donating the shuttered arena to the state for free. The reasons for their failure may have been inherent to the whole project. How do you repay money to a team that doesn't know anything has been stolen? Suns-Mavericks, 1 p.m. (ABC) The wild story behind the NBA's most unlikely heist, Morant to miss two games after video with gun, Sixers rally to snap Bucks' 16-game win streak, Curry, Iguodala probable to return vs. Lakers, Sources: Suns hiring Pistons' Bartelstein as CEO, Grizzlies' Clarke tore Achilles, out for season, Kerr touts 5-0 homestand: Dubs 'turned a corner', KD: Mavs tilt, Kyrie meeting 'just another game', Sources: Dragic joining Bucks for rest of season, The paths of KD and Kyrie: How one month changed three franchises and two superstar legacies. Starting in 2026, the annual installments due on July 1 of each year were reduced by either $500,000 or $1 million for the duration of the deal. The Kings are closing in on the Memphis Grizzlies in the standings. Get the latest news and information for the Sacramento Kings. And even though he was earning $360,000 per year plus bonuses, just about everyone in here made more than he did. Anderson, the government's lead attorney at sentencing, lends no credence to David's unrelenting claim that he intended to compensate the Kings, and takes issue with the premise that David committed one or two indiscreet actions. The organization points to its "In This Together" initiative. That is why they made several moves at the trade deadline. Four blocks down L Street was the capital of the world's fifth-largest economy, and the lobbyists who grease the wheels of that engine were there at one of 41 exclusive parties per season. Free Test. The Kings were heavily favored to either draft Purdue's Jaden Ivey among. McNair hopes to bring stability to the organization. The longer Jeff believes the inquiry is about the title company, the more likely it is that Sommercamp can extract the details he wants. David and Golden 1 had a deal structure that included 20 annual payments averaging $5.5 million. One NBA team controller says it's common practice at any well-run finance department, be it team or sponsor, to call when invoiced to pay an entity for the first time. With each passing hour, she became increasingly convinced that she was headed down a path that would upend David's life forever. Sacramento Kings Vice President of Basketball Operations and General Manager Vlade Divac today named Dave Joerger as the team's new head coach. Kings forward suing local newspaper for defamation It had to be a hard decision. Unlike Golden 1's advance of $9 million, which produced annual shortfalls later in the deal, Kaiser Permanente's $4.4 upfront payment created no missing money. She searched David's emails for any connection to the address in Manhattan Beach or Sacramento Sports Partners. Or write about sports? David left for a brief stint with the NBA league office before returning to Sacramento in 2011 as CRO. "He'd open meetings with 'It's Money Monday!' It was looking to broker courtside signage for Peak Sport, a sportswear company. Sixteen years of failure have given the Sacramento Kings ample time to amass a stunning record of futility spanning two ownership groups, four general managers, 11 coaches, countless players. Hawks Notes: Resslers, Front Office, Snyder, Young, Bogdanovic | Hoops Whether it's a $20,000 signage buy with Van Wagner, a shipment of basketballs or a $110 million sponsorship deal, most NBA organizations have a rigorous system that tracks every purchase and sale. Knicks-Celtics, 7:30 p.m. David had neglected to leave the digital document when he'd departed for Miami a few weeks earlier. Could this trade come down to the wire a la Jimmy Butlers exit from Chicago to Minnesota? Dr. A's weekly risers and fallers: Jeremy Sochan, Christian Wood make the list, NBA Power Rankings: Kevin Durant's return could rock the West, Inside the NBA's silent tension surrounding Daryl Morey, From the archives: How former ref Tim Donaghy conspired to fix NBA games, in a Kings organization often beset by palace intrigue, stay of execution that had wrested the team back from Seattle in 2013, Supplemental Privacy Policy for Singapore. Lakers aiming for sixth seed so they can play Kings in playoffs Prior to Philadelphia, Jabour was a Scout for the Orlando Magic (2012-14) and contributed to collegiate and professional prospect evaluation. I'll give it back, and when I do, it'll be OK.". Why did Jeff David steal $13.4M from the Kings? Our intent was, and is, to continue to use our platform for good and to help support our community. They said several other former VPs & owners were in agreement that if the Kings weren't going to donate the facility, they shouldn't be charging more than their cost. That August, the Kings also agreed to a 10-year, $28 million sponsorship deal for their new training facility with Oakland-based nonprofit health care provider Kaiser Permanente. But the people she heard Jeff speaking with about floorings and fixtures weren't their co-investors -- they were brokers and designers consulting with Jeff about how to improve the homes for maximum return. Jeff, the former chief revenue officer of the Sacramento Kings, has taken the day off to move after landing a new role as CRO of the Miami Heat. (4/15/20), A month since the Kings last game, Kings players are still taking action as Richaun Holmes, De'Aaron Fox, Bogdan Bogdanovic and Harrison Barnes are donating 1,000+ meals to local families. Several of the executives note that it's not unusual for teams and sponsors to explore renegotiating their active agreements, which would require executives on both sides to review the paperwork. Eastern District of California | Former Sacramento Kings Executive Location: Sacramento, California Team Names: Sacramento Kings, Kansas City Kings, Kansas City-Omaha Kings, Cincinnati Royals, Rochester Royals Seasons: 75; 1948-49 to 2022-23 Record: 2691-3212, .456 W-L% Playoff Appearances: 29 Championships: 1 More Franchise Info Barnes scores 29 points, Kings beat Thunder for 4th straight Harrison Barnes scored 29 points and the Sacramento Kings beat the Oklahoma City Thunder 123-117 on Tuesday night for their fourth . What if this is all legit? We are not making it all up in our heads, thinking well of Kris Dunn because we want to: he has real talents to bring, and a body that for the time being will allow him to use them. Former Sacramento Kings Executive Sentenced To 7 Years For Fraud - CapRadio Watch on ESPN+. And after two stints with the Kings spanning more than a decade -- while helping secure hundreds of millions of dollars in arena sponsorships for the team -- he has joined one of the NBA's most respected organizations in an appealing, sun-drenched market. A week after signing the initial monthly rental agreement, with a $2 million maximum, the state signed an amended agreement which increased the maximum payment to $3 million to cover the cost of paying staff wages in addition to utilities. Sacramento Kings Staff & Executives - RealGM Kings Finalize Contracts With Three Assistant Coaches David told his bosses that the Kaiser deal wouldn't include one, a condition they could live with given their satisfaction with the $28 million haul and the lengthy negotiation, according to David. Ex-Sacramento Kings Executive Jeffrey David Jailed for Fraud - HYPEBEAST (4/28/20), Kings Join 49ers, Other Local Major Sports Team In Donating 50,000 Face Coverings To Health Care Providers, CBS Sacramento, 4/24/20, Harrison and Brittany Barnes are donating $40,000 for weekly groceries to people in need while also providing coffee and pastries for medical workers at Kaiser's South Sacramento Intensive Care Unit. Kings exec's fraud outlined in agonizing detail - Yahoo! They showed this by drafting Davion Mitchell with the 9th overall pick. And now, after her husband has confessed to a monstrous fraud, her mother sits beside her and extends an arm, but she is virtually unresponsive. Three takeaways from Kings 123-117 win against Thunder, Three takeaways from Kings 124-115 win over Oklahoma City Thunder, Kings waive KZ Okpala, sign PJ Dozier for the rest of the season, 5 takeaways from the Kings beating the Clippers in the second-highest scoring NBA game ever, 3 takeaways from Sacramentos 133-116 win over the Portland Trail Blazers. We present them here for purely educational purposes. Owner Vivek Ranadiv said, "I am excited to bring his extensive experience and vision onboard to lead our basketball operations department. In addition to the duties as Manager, Sales Operations. Knicks-Celtics, 7:30 p.m. When Golden 1 remitted its first scheduled annual payment, it did so to SSP -- not the Kings. David is operating under the hope that by cooperating, he can work out a favorable deal. "No, no, no," Jeff responds.
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