"This is Stacy with the Kings," she told the rep in accounts payable at each organization. A year later, David reached back out to Bland to inquire whether her offer for an upfront payment still stood. Sacramento Kings. During Pitch Day, the Top 8 presented their companies to a panel of successful entrepreneurs, executives and investors including: John Rinehart, Sacramento Kings President of Business Operations Like most, they thought that the Kings were donating the shuttered arena to the state for free. It contains the objects of Jeff David's life, all destined for the Davids' new house in the affluent Pinecrest neighborhood. Less than four years after siphoning off $30,000 in courtside signage, David had now stolen $13.4 million from the Kings and their top corporate partners. AZ, CO, CT, IL, IN, IA, KS, LA, (select parishes), MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WV, WY, CA-ONT only.Eligibility restrictions apply. 2023 CBS Broadcasting Inc. All Rights Reserved. "Let's close some phone numbers" in David-speak meant he wanted the Kings' sales team to craft some seven-digit sponsorship agreements. 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. She finally learns that there's a freeze on the family account. He joined the Cavaliers in 2003 and held the roles of Advance Scout, College Scout, Pro Personnel Scout and Assistant Coach, prior to his promotion to Director of Player Personnel. "He knew I was capable of it" - Ex-Sacramento Kings backup center Scot Pollard said Rick Adelman always wanted him to score. Maybe 2015? In August 2018, the Kings' senior vice president of human resources had been looking for a copy of a commission structure to build out the corporate sales team. Kate grasps for any theory, speculating that the agents might have been con artists posing as Feds to fleece the family. "Any organization can suffer betrayal by a trusted employee," says Bill Portanova, a former assistant U.S. attorney who was retained by the Kings as an independent investigator. It had to be a hard decision. To offset the $9 million, David altered the payment schedule of the initial agreement, again forging Granger's signature. Matina Kolokotronis (born November 21, 1964) is Chief Operating Officer of the Sacramento Kings of the National Basketball Association. SACRAMENTO, Calif. (CN) - Capping a corporate embezzlement scheme executed inside the headquarters of a major sports franchise, a federal judge on Monday sentenced a former Sacramento Kings executive to seven years in prison for a series of white-collar crimes. The previous June, he had purchased a $3.8 million home just blocks from the Pacific Ocean in Manhattan Beach. His first opportunity came that year when Van Wagner, a New York-based sports marketing firm, placed a routine call to David. "The Greatest Show on Court," none of us would Summer 2018: Wegzyn finds the trail Subscribe to Stathead Basketball: Get your first month FREEYour All-Access Ticket to the Basketball Reference Database. 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Jeff arrived at the soiree with Kate, who found the whole affair conspicuous, a bit ridiculous, a different kind of life. Sixteen years of failure have given the Sacramento Kings ample time to amass a stunning record of futility spanning two ownership groups, four general managers, 11 coaches, countless players. 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. The Kings have been recognized as one of the top 10 most innovative teams and success in this position is enhanced through the use of premium software such as: Dialpad, Clearslide, OneMob, Salesforce, DialSource, ZoomInfo, and Linked-In Sales Navigator, among others. Because the advertising had been purchased by Van Wagner on behalf of Peak Sports, there was no suspicion that a check from Peak hadn't turned up in the accounting department. Select the players you wish to trade from the rosters below. Reading David's email felt invasive, even if Kings employees, like those at most companies, sign away their privacy to people like her. May 7, 2020 / 10:58 PM Joelle Terry Senior Vice President, Communications Joelle Terry serves as the Senior Vice President, Communications of Sacramento Kings. 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. It was audacious and, in David's mind, airtight. In the 2021 NBA Draft, McNair and the Kings showed they wanted to improve their defense after having a historically bad defensive year. Get the box score, shot charts and play by play summary of the Clippers vs Kings, March 3, 2023. Dec. 2018: David pleads guilty They were a massive disappointment, yes, but also so transcendent for brief moments. Jeff sits on the bed next to his wife and places his hand on her knee. Jeff calls Sommercamp and puts him on speakerphone. / CBS Sacramento. "He'd open meetings with 'It's Money Monday!' 2012: Van Wagner fraud Could this trade come down to the wire a la Jimmy Butlers exit from Chicago to Minnesota? Description Operator of a professional basketball team. He has six months before returning to Sacramento for sentencing. That August, the Kings also agreed to a 10-year, $28 million sponsorship deal for their new training facility with Oakland-based nonprofit health care provider Kaiser Permanente. She discovered that David had applied for mortgages and included a bank statement to a lender that showed a $4.4 million deposit from Kaiser Permanente. He recently served as an Analyst for NBA TV and SiriusXM NBA Radio, is a 2001 graduate of Cal-State Fullerton and a native of La Habra, California. 2022 season schedule, scores, stats, and highlights. They put up 176 points and 153 points at the end of regulation in a. "That explanation rings hollow for me," Stone said. Warriors-Lakers, 3:30 p.m. (ABC) The pet stores are closed on Sunday evening, so soon after David mixes three glasses of chocolate milk and prepares breakfast, he corrals the kids into the SUV for a trip to equalize the great goldfish disparity of 2019. Do you have a sports website? Why did Jeff David steal $13.4M from the Kings? All the money's there. And after two stints with the Kings spanning more than a decade -- while helping secure hundreds of millions of dollars in arena sponsorships for the team -- he has joined one of the NBA's most respected organizations in an appealing, sun-drenched market. Stacy and Mark bid schmaltzy parental farewells to their daughter, whom they settled at school, then reversed course back to Sacramento. The most persistent item for debate has been the extent to which this fraud could've happened to any team. Sacramento took Keegan Murray at No. According to . There's no real cost to them," Stone said. But it did ultimately prove useful. She tells Jeff she's been going through his old files, and in doing so she found one labeled "TurboTax" that references an entity called Sacramento Sports Partners. Grizzlies-Clippers, 10 p.m.Wednesday "They're not providing any of that. SAN FRANCISCO (AP) A former Sacramento Kings top executive agreed Wednesday to plead guilty to siphoning $13.4 million from the team to buy Southern California beachfront properties, court . It is July 2018, and much of David's family is on hand to help with the move. Every Sports Reference Social Media Account, Site Last Updated: Saturday, March 4, 6:46PM. Just zeros. Question, Comment, Feedback, or Correction? "This was a long, sophisticated course of conduct that required registering LLCs with the state, opening commercial mailboxes in the LLC's name, using the identities and the good names of prominent regional businesspeople, signing their names on LLC documents unbeknownst to them, and using their identities to perpetuate fraud," he says. 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. Free Test. 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. NBA executives believe Kings could trade No. David filed this information away. McNair grew up in Oak Park, California, and attended Oak Park High School. Follow game Los Angeles Clippers vs Sacramento Kings live coverage, stream information, score online, prediction, TV channel, lineups preview, start date and result updates of the NBA on March 3rd . They showed this by drafting Davion Mitchell with the 9th overall pick. Jeff last remembers sitting in her office in Sacramento just months earlier, being told that the Kings were going to eliminate his position. The Kings had given David an autonomy he could exploit. "I knew how the Kings operated," David says. "I can liquidate the properties. But unbeknownst to the higher-ups, he kept negotiating. 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. The Sacramento Kings are celebrating "916 Day" by announcing events and activities for the upcoming 2022-23 NBA Season. On this Monday, walking through the Davids' new front door is a dizzying procession of cable guys, utility workers and movers. "Our money is frozen," Jeff says as Kate listens. 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A surge of adrenaline jolted through Wegzyn's body. "You know what you did. However, CBS13 also asked how the Kings planned to use the money it is making on the arena during the pandemic. "I wouldn't have been contacting you if the deal was covering their costs," Stone said. Wes background as an executive in the league combined with Phils veteran leadership through the scouting ranks and Pauls proven experience in evaluating talent will be strong additions to the basketball operations group. We're going through an audit, and I'd like to see if you can send me a list of all payments made to my organization over the last five years.". Here, they begin with a directive to David: "Anytime you want to confer with your lawyers privately, we're happy to step out of the room," says Assistant U.S. Attorney Michael D. Anderson. (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. We have tools and resources that can help you use sports data. Among the weak links, they say, was the Kings' finance department. The company owns and manages professional basketball teams and competes in the National Basketball Association as a member of the Western Conference Pacific Division. Neither was. For several more hours, Rich tries to pierce Jeff's logic, while Nancy reassures the family that Jeff is redeemable. This agent, John Sommercamp, finds Kate and Jeff in the kitchen, where he tells them they might be the victims of fraud. 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. He won't see the children at all for the next several years. 2009: David sets up SSP 4 overall pick in the 2022 NBA Draft, the discourse of shopping the pick has been a quiet Plan B that league. There was nothing aesthetically unique about the Lexus Lounge. I'll be up soon.". Current heads of basketball operations in the, Note: Those listed here hold one or more of the titles, "Rockets' Monte McNair Hired as Kings' Head of Basketball Operations", "Kings Name Monte McNair General Manager", "Monte McNair - General Manager, Basketball Operations at Sacramento Kings", "Local chatter: Oak Park grad Monte McNair returns west as Sacramento Kings general manager", "Kings GM Candidate Profile: Monte McNair", "Rockets VP Monte McNair on expectations, fit, today's NBA", "Kings Hire Monte McNair As Head Of Basketball Operations", "Kings assistant GM Peja Stojakovic step down after Vlade Divac leaves", "Kings Part Ways With G League GM Anthony McClish", "Sacramento Kings interview Denver Nuggets' Calvin Booth for GM opening", "Kings GM Monte McNair hires Wes Wilcox, Phil Jabour, Paul Johnson to fill out front office", "76ers' Phil Jabour Joins Sacramento Kings' Front Office", "Kings Exercise Option on Tyrese Haliburton", https://en.wikipedia.org/w/index.php?title=Monte_McNair&oldid=1135505392, National Basketball Association general managers, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, President of basketball operations, general manager, This page was last edited on 25 January 2023, at 01:44. [15] No milieu displayed this NBA abundance more than the Lexus Lounge at the Golden 1 Center half an hour before tipoff. Choose at least two teams from the menus below to start your trade. On June 8, 1983, an investment group from Sacramento purchased the Kings. These three executives join Chief Strategy Officer Joe Dumars, Assistant General Manager Ken Catanella, Vice President of Athlete Health and Performance Teena Murray and Vice President of Kings Academy and Professional Development Galen Duncan in rounding out McNairs management team. Select the second team from the drop down menu. 'Whatever seed we are, we're ready': Is there room for Cleveland among the East elite? 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. "Giving back to the community, that was always emphasized in my experience there," Stone said. Sacramento Kings Vice President of Basketball Operations and General Manager Vlade Divac today named Dave Joerger as the team's new head coach. What Wegzyn didn't yet have were whatever contracts David had drawn up to lure Golden 1 and Kaiser Permanente into his scheme. Duality underpins practically everything about the brief existence of the KD, Harden and Kyrie Nets. IT WAS ONLY one document -- one ordinary little document -- that Stacy Wegzyn had needed from Jeff David. Golden 1 Center | 500 David J Stern Walk | Sacramento, CA 95814Phone: 888-91-KINGS, Matina KolokotronisChief Operating Officer, John RinehartPresident, Business Operations, Becky Beland McNaughtSVP, Communications and External Affairs, Fernando VegaVP, A/V & Broadcast Production, Kari IdaVP, Communications and Public Relations, Mike HerreraVP, Corporate Partnership Sales & Service, Kindra Montgomery-BlockVP, Diversity, Inclusion & Social Impact, Maritza DavisVP, Experiences & Social Responsibility, Justin PetkusVP, Ticket Sales & Membership Services, Jason WiseSr. Grizzlies-Clippers, 10 p.m. Mavericks-Pelicans, 7:30 p.m. "I've got something really crazy going on at work," she said. While attending college, McNair was a wide receiver on the football team. (4/8/20), Coronavirus Help: Kings Players To Donate More Than 1,000 Meals To Community, CBS Sacramento, 4/8/20, Kings players have had to stay ready for the return of basketball on their own but that doesn't mean they aren't staying together in other ways. 60 activities a day, usually cold calls but they allow you to choose what kind of client you reach out to. "We're partners. ESPN Daily Podcast: Inside the great NBA heist. Jeff David's NBA was awash in wealth, yet in this rarefied air, he was the pauper. Suns-Mavericks, 1 p.m. (ABC) Director, Basketball Administration, Robbie LemonsSr. The organization points to its "In This Together" initiative. The Sacramento Bee's Jason Anderson dove into the Kings' perspective further. For each of our 1,114,789 listed executives, discover their exact roles and their biographies. She'd told the Kings' IT department that she needed access to David's email. Still, to Nancy and Rich, he seems oblivious to the depth of his crime. The agent gets more specific, probing the mechanics of Sacramento Sports Partners' formation. Find out more. 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. The Sacramento Kings are having a rough go with clock operators this week. Anderson, the government's lead attorney at sentencing, lends no credence to David's unrelenting claim that he intended to compensate the Kings, and takes issue with the premise that David committed one or two indiscreet actions. Select the players you wish to trade from the rosters below. January 24, 2022 12:01am A Sacramento Kings executive was fined by the NBA for in-game actions, raising a complicated legal question. [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. She was consumed by the chase but also suffering from periodic pangs of doubt. Inside the folder were the contents of David's old laptop, which included a PDF with the signatures of Granger, Bland and Rinehart, along with copies of the amendment for the Golden 1 deal and the revised contract with Kaiser Permanente. ", "Jeff is white-collar meets surfer dude, the consummate bro," says a former Kings co-worker on the business operations side. "You're going to go to prison," Kate says. The Kings did not respond to follow-up questions about whether the reference "six figures monthly" included the utilities and salaries, which the state is paying above and beyond the $500,000 monthly rent. Get browser notifications for breaking news, live events, and exclusive reporting. Sacramento Kings Staff & Executives - RealGM Sacramento Kings Staff & Executives Team: Season: Current | Historical View: Person View | Grid View Sort: Staff (A-Z) Col umns: Swipe 215 staff members found. Multiple sources in Sacramento portray Golden 1 as an institution eager to make a splash in the market it has championed passionately. Everyone will get their money back, and it'll be OK. 2020 CBS Broadcasting Inc. All Rights Reserved. To believe that any of 2023's neo-contenders can become bonafide champs over the next few months is to believe that a once-in-a-quarter-century occurrence is about to transpire. Jeff wears a double-vented navy suit, whiskey-colored shoes and thick-framed glasses; Kate is in a black dress. All content 2000-2023 RealGM, L.L.C. One team president says the franchise initiated a full audit of its operations days after the story became public. Leaving out pertinent facts will be considered a lie. The family feels that seeing their father in a state of incarceration would be too traumatic for his kids. 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. 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 also gave David an opening. As Rich pleads with Jeff, Kate rouses from her trance, shock replaced by resignation. 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. 60 activities a day, usually cold calls but they allow you to choose what kind of client you reach out to. Prior to Philadelphia, Jabour was a Scout for the Orlando Magic (2012-14) and contributed to collegiate and professional prospect evaluation. Golden 1 and Kaiser Permanente wired millions to an entity they hadn't vetted without asking David to loop in his legal and finance counterparts. [16], List of National Basketball Association team presidents. David had neglected to leave the digital document when he'd departed for Miami a few weeks earlier. But in Sacramento, where those with money are more likely to hide their affluence than flaunt it, this was the single most prominent accumulation of wealth the city saw. Director, Digital, Content & eSports, Nicole LoscavioSr. The Sacramento Kings announced today that Wes Wilcox, Phil Jabour and Paul Johnson have been added to the team's basketball operations group. The Kings are closing in on the Memphis Grizzlies in the standings. All logos are the trademark & property of their owners and not Sports Reference LLC. SACRAMENTO, Calif. A former executive with the Sacramento Kings has been sentenced to seven years in prison for stealing millions of dollars from the NBA team, according to the U.S.. Join our linker program. NBA.com is part of Warner Media, LLCs Turner Sports & Entertainment Digital Network. Our reasoning for presenting offensive logos. ", "Theagreement has also enabled over 100 part-time Kings team members (i.e.
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