Currently viewing the tag: "maloof brothers financial troubles"

Maloof Brothers Net Worth is $1 Billion.

Maloof Brothers Net Worth is $1 Billion. The Maloof Brothers, Gavin and Joe, are part of a large property owning family with a net worth of $1 billion dollars. The Maloof Brothers own the Sacramento Kings, have produced a number of reality series for ...
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Maloof Brothers Latest News

DeMarcus Cousins trade sets up fascinating experiment in New Orleans

Cousins has to take responsibility. However, the Kings have been a mess for decades. They were a goofy organization under the Maloof brothers. Now they’re even goofier under Vivek Ranadive. The Kings hired a general manager who didn’t know the first ...
Posted: February 21, 2017, 6:55 am

Is the NHL willing to gamble on the Maloofs?

The Maloof brothers — Joe, Gavin and George — learned the business as young men, when their father bought the Houston Rockets in 1979. The family sold the Rockets in 1982 but the brothers were almost always on the prowl for new sports investments.
Posted: December 21, 2014, 4:00 pm

Maloof brothers say Steve Ballmer overpaid to buy Los Angeles Clippers

Just over a year ago, the Maloof brothers, former owners of the Sacramento Kings sold their franchise for a then record $535 million to Vivek Ranadive. Ranadive and his ownership group of course clutched the Kings out of the grasp of Steve Ballmer, who ...
Posted: June 1, 2014, 11:13 pm

Maloof Brothers Ask NBA Owners to Stop Having Conversations to Keep Kings in Sacramento

The Maloof family is asking NBA owners to approve the sale of the Kings to a Seattle group, saying there is “significant distance between us and the Sacramento group.” In a letter sent to the NBA’s relocation and finance committee, and obtained by ...
Posted: April 18, 2013, 10:42 pm

The Maloofs are investing in a hangover prevention drink

When we last left the Maloof brothers, they were being unceremoniously pushed aside as their NBA team was sold to Vivek Ranadive. What have they been up to since? Investing in a hangover prevention drink, obviously. The genesis of the idea came when the ...
Posted: January 9, 2014, 4:06 am
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