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Sacramento Kings sold for reported $535 million

The Maloof family has reached an agreement with a group led by software magnate Vivek Ranadive to sell the Sacramento Kings for a reported $535 million. The team will remain in Sacramento.

http://www.firstcoastnews.com/video/2388621140001/424524760001/Sacramento-Kings-sold-for-reported-535-million http://bc_gvpc.edgesuite.net/img/963482463001/201305/1541/963482463001_2388613590001_th-51960927e4b0178925f1397f-1592194016001.jpg?pubId=963482463001 Sacramento Kings sold for reported $535 million The Maloof family has reached an agreement with a group led by software magnate Vivek Ranadive to sell the Sacramento Kings for a reported $535 million. The team will remain in Sacramento. vivek ranadivekevin johnsonsportsvpcDavid SternKXTVMaloofsaleSports-NBASacramento KingsnbaNational NewsSold 01:25

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