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

Why the NBA should stand up to Maloofs, keep Kings in Sacramento

The owners of the Sacramento Kings — the Maloof brothers — have been negotiating to move the team out of Sacramento. The family lost most of its fortune in the recession and, being short on funds, is shopping for sweeter deals from cities looking to ...
Posted: December 5, 2012, 2:48 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

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

Sacramento group wants Maloof brothers investigated

The battle over an arena for the Sacramento Kings has taken yet another unpleasant turn. Chris Lehane, executive director of Think Big Sacramento committee established by Mayor Kevin Johnson, has asked U.S. Attorney General Eric Holder to investigate the ...
Posted: May 14, 2012, 6:49 pm

Maloof brothers' greed won't let Hornets be kings for the day

Among the many crimes the Maloof brothers have committed against the NBA, the city of Sacramento and its fans lately, is its theft on Friday of one of the NBA’s happier off-the-court moments. The wreckage of the deal that was supposed to keep the Kings ...
Posted: April 17, 2012, 9:08 pm
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