An Indian American software magnate has bought the Sacramento Kings.
The New York Daily News reports that Vivek Ranadive hopes to build the Kings into a global brand.
Ranidive dipped his toes into the NBA a few seasons ago when he became a minority owner of the Golden State Warriors.
He won 65 percent stake in the Kings after the NBA owners approved his bid over one by current King owners to move the franchise to Seattle.
“It’s a little bittersweet, obviously because I’m a huge Warriors fan and I have a lot of friends here,” Ranadive told USA Today Sports. “I’m very, very excited to start the new (challenge).”
He says the key to his success has always been to surround himself with people smarter than himself and he will take that philosophy with him to the Kings.
You can read more about his thoughts in the New York Daily News.
