City of Sacramento (NBA)

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  • January 22, 2015

The National Basketball Association (NBA) Board of Governors unanimously approved the sale of the Sacramento Kings to a group led Vivek Ranadive. Barrett Sports Group, LLC played an instrumental role in negotiating and structuring a deal for the development of an Entertainment and Sports Center (ESC) and the redevelopment of the Downtown Plaza. The ESC was a key element in the NBA’s review of the proposed transaction. The change in ownership ended years of speculation regarding the potential relocation of the franchise.