"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. Former Sacramento Kings executive Jeffrey David submitted a letter seeking leniency last week, ahead of his sentencing in connection with a case where he stole money intended for team. Account Executive (Former Employee) - Sacramento, CA - October 2, 2017 Indeed Featured review Great place to work if you truly enjoy meeting new people and building relationships! The Kings, by contrast, are struggling to convince rival teams that . The cash used in the purchases was almost entirely the millions sent to Jeff by Golden 1 and Kaiser Permanente. When Governor Newsom first announced the Kings offered Sleep Train Arena to help house an expected surge of coronavirus patients, Peterson and Stone were not surprised. He pulls out the business card Sommercamp handed him when Jeff walked the agent out the door -- after telling Sommercamp that he'd be more comfortable continuing the conversation once he consulted an attorney. 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. They say the Kings have a history of donating the facility, free of charge, during a variety of emergencies ranging from floods to Y2K. Summer 2018: Wegzyn finds the trail Question, Comment, Feedback, or Correction? Data Provided By ", "Jeff is white-collar meets surfer dude, the consummate bro," says a former Kings co-worker on the business operations side. The Kings had given David an autonomy he could exploit. When asked to recall the last time he spoke with someone from the Kings, though, he neglects to mention the call with Wegzyn on Monday. "I'll just give the money back," Jeff says. The Sacramento Bee was the outlet that published the allegations made by. Learn more and register, Scores from any date in BAA/NBA or ABA history, Frequently Asked Questions about the NBA, WNBA and Basketball, Basketball-Reference.com Blog and Articles, Subscribe to Stathead Basketball: Get your first month FREE. 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. Account Executive (Former Employee) - Sacramento, CA - October 2, 2017 Indeed Featured review Great place to work if you truly enjoy meeting new people and building relationships! Kaiser agreed, and on Aug. 19, 2015, David invoiced the company on Sacramento Kings letterhead, payable not to the Kings but to his SSP account. Still, Peterson and Stone don't think the Kings should be allowed to profit off the pandemic. He returns to Columbus, where he, Kate and their three children have relocated to a roomy cluster home not far from where Kate grew up and where most of her family resides. 3 min read. "It seems to come down to around 20- or $25,000 a month," Stone said. One Kings co-worker considered him the sort of oleaginous salesman who'd go into business with anyone. [7] Highly regarded executive Daryl Morey (who was the president of basketball operations of the Rockets at this time) said in 2018, "Monte has been absolutely critical to the success of the Rockets over his long tenure.". NBA executives believe Kings could trade No. The organization did not provide those numbers. (4/17/20), Cody Demps continues to stay ready amid the suspended G League season and took on a Kings Guard Gaming member in an NBA 2K20 game. A few minutes after he hangs up, his mother-in-law, Nancy, is standing at the front door when an FBI investigator appears, asking to speak to Jeff.Editor's PicksInside the NBA's silent tension surrounding Daryl Morey3yKevin ArnovitzFrom the archives: How former ref Tim Donaghy conspired to fix NBA games3yScott Eden1 Related. One executive in the finance department of an NBA team says, "We invoice everything -- even signed contracts. Then drop a silly rap lyric about an account.". "Let's close some phone numbers" in David-speak meant he wanted the Kings' sales team to craft some seven-digit sponsorship agreements. Sacramento Kings Executives 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: 2689-3212, .456 W-L% Playoff Appearances: 29 Championships: 1 Sacramento Kings Franchise Index Year-by-Year Stats Basic Stats Team Stats They wanted to go local. She finally learns that there's a freeze on the family account. Former Kings Vice Presidents Tom Peterson and Mark Stone said they spoke with other VPs and former owners who, they say, shared their concern. We have tools and resources that can help you use sports data. As Rich pleads with Jeff, Kate rouses from her trance, shock replaced by resignation. The U.S. attorney's office and others in law enforcement praise the Kings for swiftly responding to what Wegzyn uncovered. However, their most notable acquisition this season was signing Russell Westbrook after he was bought out of the final months of his . Between the two of them, they spent nearly 30 years with the Kings. They were a massive disappointment, yes, but also so transcendent for brief moments. Jeff assures her they can trash them because the entity isn't around anymore. Their diverse skill sets and unique perspectives will add valuable knowledge and innovative thinking as we focus on executing our vision of building a winning culture in Sacramento.. Partners in the Kings' ownership group arrived to games via private jet from one of their multiple homes, while others showed up in limousines or $100,000 sports cars. All rights reserved. The same . Please enter valid email address to continue. 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. The SPORTS REFERENCE and STATHEAD trademarks are owned exclusively by Sports Reference LLC. As the person principally responsible for selling associations to these famous athletes, David was a fixture on the event level, too. Over a nearly four-year stretch in which he was . Sacramento Kings. Like a bank thief tossing away a dye pack, David reached out to Golden 1 and explained that SSP was the account reserved for finalizing construction of the arena. ", "What's he talking about?! Odds & lines subject to change. He says he had the mechanics worked out: On July 1, 2026, the Kings would be expecting $5.5 million (per the original payment schedule). Tools and Resources Used by Real General Managers. He has six months before returning to Sacramento for sentencing. Stone was there for nine years and was Senior VP of Arena Services under the Maloofs. In its nine years of existence, SSP never undertook any consultancy work. "If he really wanted to pay back the victims, he would've paid his earlier victims once he had a lot of money," Anderson says. It's a schmoozy industry conclave where David had once thrived, and this year he is at the center of attention in absentia. How do you repay money to a team that doesn't know anything has been stolen? Grizzlies-Clippers, 10 p.m. Mavericks-Pelicans, 7:30 p.m. (3/14/20), The Kings are one of many teams who have said they will pay their game-day workers throughout the month of March. Kate toggles over to the family's secondary account at Wells Fargo. "I wouldn't have been contacting you if the deal was covering their costs," Stone said. Duality underpins practically everything about the brief existence of the KD, Harden and Kyrie Nets. . Terms at draftkings.com/sportsbook. The team gave nearly 3,000 pounds of food to the Sacramento County Office of Education and Sacramento Food Bank. The Kings are closing in on the Memphis Grizzlies in the standings. Wilcox began his career in the NBA as an intern (2001-02) with the Miami Heat in their scouting and video department, before becoming a Video Coordinator with the New Orleans Hornets in 2002-03. Watch our How-To Videos to Become a Stathead, Subscribe to Stathead and get access to more data than you can imagine. 60 activities a day, usually cold calls but they allow you to choose what kind of client you reach out to. We did point out to the men that the Kings are likely to make less money this year due to stadium fan restrictions and a shortened season if they do go back. Suns-Mavericks, 1 p.m. (ABC) She was leaving town in less than 48 hours to drop her daughter off at college in the Pacific Northwest, and she desperately wanted some clarity. In the matter of Kaiser Permanente's $4.4 million, these executives are even more dubious of David's blueprint to make the Kings whole. "This is Stacy with the Kings," she told the rep in accounts payable at each organization. Though his wife and in-laws still believe he's a good man, David won't enjoy their devotion in close proximity, except as official visitation rules permit. Six seasons split between Kansas City and Omaha, and then seven more in just K.C. IN 2009, WITH the NBA in the headwinds of the global recession and rumors of a Kings relocation swirling, David was a man with growing concerns. Jabour comes to Sacramentos front office with 14 years of experience in the league, most recently serving as Director of Scouting for the Philadelphia 76ers where he was heavily involved in day-to-day personnel operations, including talent evaluation, leading intel processes and collaborating with player agents. Rival executives lauded the Hawks for the hiring of Snyder, according to Michael Scotto of HoopsHype, who spoke to Williams for the latest HoopsHype podcast. But it's one that will dictate the rest of Jeff David's life. "That was a man, this is taking me back. Shubb, an 81-year-old who has presided on the bench in the Eastern District of California since 1990, expresses deep skepticism over whether David's contention that he planned to pay back the money is plausible. (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. Led by David, they had begun discussions with several corporations for the naming rights for their new arena and training facility, which were under construction. The Sacramento Kings are celebrating "916 Day" by announcing events and activities for the upcoming 2022-23 NBA Season. According to Marc Stein on The Stein Line, while the Sacramento Kings recently have proclaimed their intent to build around De'Aaron Fox and Tyrese Haliburton, there's a 'sense among some rival executives' that Fox is actually still 'gettable' in trade discussions. He tries to establish a personal rapport with the government's lawyers, but few professions are more impervious to a salesman's charm than that of government lawyer. Kevin Durant, Kyrie Irving, Karl-Anthony Towns, Kawhi Leonard, Anthony Davis and Brandon Ingram will play outsized roles in how their respective teams close the season. 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Find out more. The average Sacramento Kings executive makes $274,769 a year. ", Wegzyn presses on. On June 8, 1983, an investment group from Sacramento purchased the Kings. With David no longer present to service the Golden 1 account or run interference, the fraud would be nearly impossible to manage. Matina Kolokotronis serves as the Chief Operating Officer (COO) of the Sacramento Kings. After acquiring Domantas Sabonis, Sacramento has made it clear the goal is to end the franchises playoff drought rival teams are keeping an eye on Sacramento to trade this pick. [5] From 2006 to 2007, he was a sports programmer and researcher at STATS LLC. JEFF, KATE AND their families arrive at the U.S. Dec. 2018: David pleads guilty 2015-16: Golden 1, Kaiser frauds Do you have a sports website? Grizzlies-Clippers, 10 p.m.Wednesday Questions raged about how a credit union tasked with protecting the savings of teachers and a health care nonprofit could be snookered out of millions by a single individual. McNair hopes to bring stability to the organization. Jul 2019 - Present3 years 9 months. Sacramento took Keegan Murray at No. But the forfeiture team has arranged to sell far more complex assets than beach homes. TWO DAYS LATER, David sits in Sacramento at a conference table between his two defense attorneys and across from a team from the U.S. attorney's office that specializes in white-collar crime. They are members of the Pacific Division of the Western Conference in the National Basketball Association (NBA). We present them here for purely educational purposes. It, too, is frozen. 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. Sacramento Kings Staff & Executives - RealGM Sacramento Kings Staff & Executives Team: Season: Current | Historical View: Person View | Grid View 216 staff members found. It also gave David an opening. "We're partners. Before leaving the office that day, Wegzyn had asked John Rinehart, the team's president of business operations, and Gerri Guzman, the team's director of finance, whether they were aware of SSP. 2019: Begins seven-year sentence. Golden 1 Center | 500 David J Stern Walk | Sacramento, CA 95814. "It was particularly difficult for us because we had previously been witnesses to many occasions on which his strong moral compass was in clear view in far less profound situations," she says. Given the team's near departure from Sacramento numerous times over the previous few years -- including the stay of execution that had wrested the team back from Seattle in 2013 -- the Kings saw large-scale sponsorship deals as more than just an opportunity to cash some checks. Though his crime didn't make him a household name, David has become a cautionary tale among NBA front offices afraid they could fall victim to such a scam. Also, she wondered, why would a business whose name suggests it's an arm of the Kings write off a golf cart at a beach house near Los Angeles? The amount represented a relatively small sum for a franchise that would generate some $13 million in sponsorship revenue that season. It contains the objects of Jeff David's life, all destined for the Davids' new house in the affluent Pinecrest neighborhood. (3/13/20), First published on May 7, 2020 / 10:58 PM. 4 overall pick in the 2022 NBA Draft, the discourse of shopping the pick has been a quiet Plan B that league. [4], McNair earned a Bachelor of Science degree in computer science from Princeton University in 2006. What's going on?!". After a short night's sleep, the family returns to the house in Pinecrest the next morning to rebox their belongings. January 24, 2022 12:01am A Sacramento Kings executive was fined by the NBA for in-game actions, raising a complicated legal question. Rich shifts into fix-it mode, calling attorneys he knows back at home in Ohio, leaving messages because it's after midnight on a Tuesday morning. Kate grasps for any theory, speculating that the agents might have been con artists posing as Feds to fleece the family. Hours earlier, the FBI had stormed her house. In addition to the duties as Manager, Sales Operations. It was audacious and, in David's mind, airtight. I am excited to have Wes, Phil and Paul join the front office, said McNair. David and his legal team had hoped for a sentence not much longer than two years, but Shubb hands down a term of seven. Then Sacramento's vice president of corporate . If you are having difficulty accessing any content on this website, please visit our Accessibility page. The former Kings executive reportedly ran a sophisticated money-laundering scheme. Team Names: "I've got something really crazy going on at work," she said. David left for a brief stint with the NBA league office before returning to Sacramento in 2011 as CRO. Tools and Resources Used by Real General Managers. Sacramento Kings Key Executives Name & Title Bio John Rinehart Senior Vice President, Business Operations John Rinehart serves as the Senior Vice President, Business Operations of Sacramento Kings. Wegzyn had also found a couple of K-1 tax forms listing Golden 1 and Kaiser Permanente as partners in SSP, which seemed peculiar given that credit unions and health care consortiums don't make a habit of investing in beach houses with basketball executives. All content 2000-2023 RealGM, L.L.C. What did you do?! Amid all of this, Jeff receives a phone call from a former co-worker with the Kings. Now he was a part of the action with his most wealthy counterparts, demonstrating to himself that he could succeed at the art of investment. Wilcox will serve as Assistant General Manager, Jabour as Vice President of Player Personnel and Johnson as Director of Basketball Operations and General Manager of the teams G League affiliate, the Stockton Kings. - Develop Fan Experience strategy to sell $100k in experiences through the Kings App. "We went back to bed at 4 in the morning, and I said, 'I don't think he really gets it,'" Rich says nearly a year later. May 7, 2020 / 10:58 PM Jeff wears a double-vented navy suit, whiskey-colored shoes and thick-framed glasses; Kate is in a black dress. As Wegzyn navigated a morass of files in David's old directory, she hadn't been able to discern an organized system, so she'd had to open things one by one. Just as Wegzyn returned to the office on Tuesday, confirmation arrived from Golden 1: It had sent a $9 million payment to SSP. Sommercamp wants to know who these investors are. 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. I'll give it back, and when I do, it'll be OK.". . Get browser notifications for breaking news, live events, and exclusive reporting. Across the courtroom, the U.S. attorney's team readies itself to argue that Jeff David should serve nine years in federal prison. [15] Neither was. Then Sacramento's vice president of corporate partnerships, David feared he'd have to make ends meet as a private sports marketing consultant. Maybe 2015? Jabour was hired by the Rockets after working as a support staff member with USA Basketball in 2006 following four years on staff with Arizona State mens basketball program. Grapevines and Teslas lined the driveway of Ranadive's 3-acre chateau; his glass-bottom pool was covered with flooring beneath an expansive tent. To offset the $9 million, David altered the payment schedule of the initial agreement, again forging Granger's signature. "It tells a better story.". For several more hours, Rich tries to pierce Jeff's logic, while Nancy reassures the family that Jeff is redeemable. But it did ultimately prove useful. 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. They put up 176 points and 153 points at the end of regulation in a. He was bright and self-motivated, with a keen understanding of the industry -- not a man in need of micromanaging.The NBA on ESPN and the ESPN AppSunday [8][9] Divac and the Kings traded DeMarcus Cousins to New Orleans in 2017 and chose to draft Marvin Bagley III in 2018, one pick ahead of Luka Doncic. One longtime team president finds David's plan unconvincing, noting that while franchises aggregate their market power, they're far more likely to swap data of pricing and then share the contact information for the sponsor. It's no surprise that Sacramento would be willing to package Buddy Hield, Marvin Bagley III and multiple. It's not going to be a big deal.". I'll tell them the whole story and show them where the money is. He spent the 2015-16 NBA season stealing more money than most Kings players earned on the court. All content 2000-2023 RealGM, L.L.C. 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. Nick Cahill / June 24, 2019. This is the first moment when Kate, remarkably stoic throughout the 90-minute sentencing, visibly cries. From the exposed wall of the lounge, guests watched Kings players dash to and from the locker room and court for warm-ups. Kevin Durant, Kyrie Irving, Karl-Anthony Towns, Kawhi Leonard, Anthony Davis and Brandon Ingram will play outsized roles in how their respective teams close the season. Multiple sources in Sacramento portray Golden 1 as an institution eager to make a splash in the market it has championed passionately. Duality underpins practically everything about the brief existence of the KD, Harden and Kyrie Nets. Join to view profile Sacramento Kings. Bringing decades of experience in sports and government law, community affairs and contract negotiations, Kolokotronis' leadership has been integral to the development of the state-of-the-art, Golden 1 Center as well as its adjacent, $500 million mixed-use development project, Downtown Commons. They showed this by drafting Davion Mitchell with the 9th overall pick. Another said David had a casual relationship with the truth, the type of person who claimed, semiseriously, to be the inventor of phrases like "Cali Love. Joelle Terry Senior Vice President, Communications Joelle Terry serves as the Senior Vice President, Communications of Sacramento Kings. [12][13] The group will join Ken Catanella, who remains with the team as an assistant GM. decisions (usually the general manager) are listed. The Kings have finalized contracts with Doug Christie, Jay Triano and Luke Loucks to be assistant coaches under Mike Brown, writes Jason Anderson of The Sacramento Bee. Before that, he served as a Referee Operations Analyst at the NBA league office (2013-15). Do you have a blog? Wegzyn and the Kings brass realized it was time to escalate this homegrown investigation. $500,000 a month to rent the shuttered Sleep Train Arena, most of which appear to be for existing medical facilities, Public File for KMAX-TV / Good Day Sacramento. Join us for a March Madness Webinar on Tuesday, March 7 at 8pm ET. The Kings, who are in third place, are an explosive offensive team; they average a league-high 120.7 points per game. He is an Arizona State University alum (2006) and earned a Masters of International Business from the University of St. Thomas (2007). NBA.com is part of Warner Media, LLCs Turner Sports & Entertainment Digital Network. I'll be up soon.". Its likely that a decision like this wont be made during the combine and invitational workouts, so seeing what Kings brass next moves are will be a huge indicator in exactly how they intend on ending the 16-year playoff drought. What McNair will do with the pick remains to be seen, as the league is about one month out of the NBA Draft taking place. 2023 CBS Broadcasting Inc. All Rights Reserved. When it came time to bill the buyer, David used the Kings' standard invoice template but had Van Wagner make three payments, totaling about $30,000, to SSP. David filed this information away. After former Kings GM Vlade Divac, Kings assistant GM Peja Stojakovic, and Stockton Kings GM Anthony McClishand stepped down in late 2020, the Kings organization made Joe Dumars their interim executive vice president of basketball operations. David breaks down during the testimonial from his mother-in-law, removing his glasses and burying his head in his hands. Select the second team from the drop down menu. Nancy speaks with a measured empathy about a man whose adult life she admires. The forfeiture team instead works with a real estate team in Los Angeles. So when they later learned the Kings were actually charging the state half a million dollars a month to rent the arena in addition to utilities and employee salaries, which the state also has to pay "Everyone I talked to just couldn't believe it," Stone said. A spokesperson noted that CBS13 has covered many of their efforts to give back and pointed to several examples of our own coverage ranging from a story about joint effort with the 49ers to donate face coverings for health care providers, to a story about donations of food and money from the Kings players themselves. It is July 2018, and much of David's family is on hand to help with the move. Just zeros. According to Mike Scotto of HoopsHype, executives around the NBA are looking to teams like the Kings as well as the Portland Trail Blazers to shop their picks for quality players that can help their franchises win now: Sacramento already has DeAaron Fox and Davion Mitchell as part of their core for the future, with Donte DiVincenzo set to enter restricted free agency with a $6.61 million qualifying offer. Director, Partnership Marketing & Business Development, Jozee PerrelliDirector, Box Office Operations, Colin WarnerDirector, Business Intelligence, Karl CrudupDirector, Event Sales & Production, Michael RamosDirector, Groups & Hospitality, Nichole AmbergDirector, Interactive Design & Strategy, Allison ChandlerDirector, Marketing & Advertising, Kelsey KauffroathDirector, Marketing & Fan Engagement, Matthew JohnsonDirector, Membership Sales & Sales Enablement, Nick CooperDirector, Membership Services & Retention, Kamilah JohnsonDirector, Retail Merchandise, Katie NicholsonDirector, Social Responsibility, Meryl BalalisDirector and Sr.
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