Matina Kolokotronis (born November 21, 1964) is Chief Operating Officer of the Sacramento Kings of the National Basketball Association. 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. (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. Warriors-Lakers, 3:30 p.m. (ABC) While working for the Rockets team, his organization reached the NBA playoffs for eight consecutive years, including two Western Conference Finals appearances. 4 overall pick in the 2022 NBA Draft, the discourse of shopping the pick has been a quiet Plan B that league executives say might be closer to the clipboard than the Kingdom knows. She finally learns that there's a freeze on the family account. NBA executives believe Kings could trade No. Nearby, a shrine commemorated Ranadive's meetings with global celebrities. Select the first team from the drop down menu. 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. Among the weak links, they say, was the Kings' finance department. It's a schmoozy industry conclave where David had once thrived, and this year he is at the center of attention in absentia. In doing so, the credit union left itself exposed to a mistake a more sophisticated entity might have avoided thorough due diligence. (These workers are in addition tothe300-400 healthcare professionalsthestatehas hired to work atthefacility.)". 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. Owner Vivek Ranadiv said, "I am excited to bring his extensive experience and vision onboard to lead our basketball operations department. David filed this information away. 2015-16: Golden 1, Kaiser frauds / CBS Sacramento. "It's a Sacramento tradition.". The company owns and manages professional basketball teams and competes in the National Basketball Association as a member of the Western Conference Pacific Division. Does Jeff truly believe that the only item on his to-do list is restitution? Or write about sports? The Sacramento Bee's Jason Anderson dove into the Kings' perspective further. Even the head coach pulled in almost $4 million per season. They say there was a consensus that the monthly expenses for the arena were far less than what the Kings are charging the state. (4/28/20), Kings Join 49ers, Other Local Major Sports Team In Donating 50,000 Face Coverings To Health Care Providers, CBS Sacramento, 4/24/20, Harrison and Brittany Barnes are donating $40,000 for weekly groceries to people in need while also providing coffee and pastries for medical workers at Kaiser's South Sacramento Intensive Care Unit. On Sept. 7, 2018, the Heat dismiss David. Confirm that your trade proposal is valid according to the NBA collective bargaining agreement. January 24, 2022 12:01am A Sacramento Kings executive was fined by the NBA for in-game actions, raising a complicated legal question. 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. Suns-Mavericks, 1 p.m. (ABC) The agent gets more specific, probing the mechanics of Sacramento Sports Partners' formation. If you are having difficulty accessing any content on this website, please visit our Accessibility page. Given the circumstances, they're worried David might try to arrange a questionable below-market deal with a side payment to himself or a friend. A former executive from the NBA's Sacramento Kings has been accused of taking $13.4m from two sponsors, according to The Sacramento Bee. (3/13/20), First published on May 7, 2020 / 10:58 PM. The reality is there are only four real contenders. In the 2021 NBA Draft, McNair and the Kings showed they wanted to improve their defense after having a historically bad defensive year. . 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. One executive in the finance department of an NBA team says, "We invoice everything -- even signed contracts. FOR JEFF DAVID, the summer of 2017 was one of those times when the reality of a man's life surpasses even his dreams. "I lost the respect I had," David tells Judge William B. Shubb. One NBA team controller says it's common practice at any well-run finance department, be it team or sponsor, to call when invoiced to pay an entity for the first time. The forfeiture team instead works with a real estate team in Los Angeles. The former Kings executive reportedly ran a sophisticated money-laundering scheme. "This happened over many, many years.". Knicks-Celtics, 7:30 p.m. BACK AT THE rental house in Coconut Grove hours later, Kate logs on to her personal banking app to discover a balance of $0.00. CBS13 asked the Kings to disclose their actual monthly expenses for Sleep Train Arena, not including utilities and staffing that the state is paying for in addition to the $500,000 monthly rent. "I lost a job and a career I loved and excelled in. In the following weeks, attempting to make restitution to the parties he victimized, he boldly pitches the prosecutors on the idea that he could help sell the properties based on his expertise and knowledge of the market. We present them here for purely educational purposes. But this was the nerve center of Jeff's world. He promptly returned the $6 million and instructed Golden 1 to wire the funds to the Kings' primary account. 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. When asked whether David's scenario sounds plausible, business operations executives from six NBA teams say they find it far-fetched. Jeff wears a double-vented navy suit, whiskey-colored shoes and thick-framed glasses; Kate is in a black dress. 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. "The team almost left the city, and it was the people and companies of Sacramento that kept it there," David says. We have tools and resources that can help you use sports data. 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. 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. 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. ", "Theagreement has also enabled over 100 part-time Kings team members (i.e. [14], One of the largest problems that McNair faced was filling the shooting guard position as Bogdan Bogdanovic was a free agent in the 2020 offseason. But it's one that will dictate the rest of Jeff David's life. 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. Duality underpins practically everything about the brief existence of the KD, Harden and Kyrie Nets. Knowing that this is a draft class where frankly mock drafts change every single day outside of lottery numbers 1-3, Sacramento has an opportunity to find generational talent in a youth like Jaden Ivy, Shadeon Sharpe, and Keegan Murray. We, however, are providing the use of the team's former practice facility at no cost. "[10], The Kings also interviewed Sachin Gupta (Timberwolves' EVP of basketball operations), Wes Wilcox (Hawks' former GM), and Calvin Booth (GM of the Nuggets) for the position. "It seemed out of sorts from what our morals and core values were," Peterson said. David and his legal team had hoped for a sentence not much longer than two years, but Shubb hands down a term of seven. Choose at least two teams from the menus below to start your trade. she screams at Jeff, who seems oddly sanguine for a man who suddenly doesn't have the liquidity to order takeout. What if I'm wrong? BACK IN COCONUT Grove, in the living room of the house that Jeff and Kate had been renting, Kate lies shivering in a ball on the couch. 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.". (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. Dec. 2018: David pleads guilty Sacramento Kings Vice President of Basketball Operations and General Manager Vlade Divac today named Dave Joerger as the team's new head coach. "I knew how these other companies operated. Associate Counsel, Halle CaroloDirector, Talent & Engagement, Christina VasquezDirector, Ticket Operations, Paul JohnsonVP, Player Development & Stockton Kings General Manager, Dutch GaitleyAssistant Coach/Director of Player Development, Lindsey HardingAssistant Coach/Player Development, Mark ToyodaSr. All logos are the trademark & property of their owners and not Sports Reference LLC. Monte McNair is an American sports executive who is the general manager and president of basketball operations for the Sacramento Kings. Peterson was with the organization for 25 years under three different owners. On occasion, Ranadive walked into the building alongside celebrities such as Drake and Jamie Foxx. Account Executive at Sacramento Kings Sacramento, California, United States. Jeffery R. David, the former Chef Revenue Officer of the NBA 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. She asks Jeff whether the documents contain anything that anyone with the Kings needs to see. Get browser notifications for breaking news, live events, and exclusive reporting. 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 contains the objects of Jeff David's life, all destined for the Davids' new house in the affluent Pinecrest neighborhood. Jeff explains that he's part of an investor group. Nancy speaks with a measured empathy about a man whose adult life she admires. The most persistent item for debate has been the extent to which this fraud could've happened to any team. Reading David's email felt invasive, even if Kings employees, like those at most companies, sign away their privacy to people like her. 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. The SPORTS REFERENCE and STATHEAD trademarks are owned exclusively by Sports Reference LLC. Terms at draftkings.com/sportsbook. 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. For each of our 1,114,789 listed executives, discover their exact roles and their biographies. [11], In October 2020, McNair hired three employees to his front office: former Hawks GM Wes Wilcox as assistant GM, former 76ers director of scouting Phil Jabour as VP of player personnel, and OKC Blue assistant GM Paul Johnson as director of basketball operations. 496 followers 493 connections. The organization did not provide those numbers. Sacramento Kings, Kansas City Kings, Kansas City-Omaha Kings, Cincinnati Royals, Rochester Royals, Seasons: [16], List of National Basketball Association team presidents. A former top Sacramento Kings executive was sentenced Monday to seven years in prison for siphoning $13.4 million from the team. "Giving back to the community, that was always emphasized in my experience there," Stone said. All three hires were reported last month by veteran writer Marc Stein and Andscape's Marc J. Spears, but the deals weren't completed until Friday, sources told Anderson.. Christie, 52, played 15 seasons in the NBA . ", Wegzyn presses on. Select the first team from the drop down menu. All content 2000-2023 RealGM, L.L.C. 2020 CBS Broadcasting Inc. All Rights Reserved. "I'll go to the FBI. 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. 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. Prior to Philadelphia, Jabour was a Scout for the Orlando Magic (2012-14) and contributed to collegiate and professional prospect evaluation. The party, say sources with knowledge of the event, cost between $150,000 and $200,000. [5] From 2006 to 2007, he was a sports programmer and researcher at STATS LLC. The Sacramento Kings announced today that Wes Wilcox, Phil Jabour and Paul Johnson have been added to the team's basketball operations group. "You know what you did. Select the third team from the drop down menu. Courthouse in Sacramento early on June 24, 2019. Golden 1 Center in Downtown Sacramento Andrew Nixon / Capital Public Radio Paul Elias, Associated Press (AP) A former Sacramento Kings top executive agreed Wednesday to plead guilty to. She was careful not to reveal her intention, not wanting to alarm either entity. Three takeaways from Kings 123-117 win against Thunder, Three takeaways from Kings 124-115 win over Oklahoma City Thunder, Kings waive KZ Okpala, sign PJ Dozier for the rest of the season, 5 takeaways from the Kings beating the Clippers in the second-highest scoring NBA game ever, 3 takeaways from Sacramentos 133-116 win over the Portland Trail Blazers. 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. Sommercamp wants to know who these investors are. A week after signing the initial monthly rental agreement, with a $2 million maximum, the state signed an amended agreement which increased the maximum payment to $3 million to cover the cost of paying staff wages in addition to utilities. 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. Maybe 2015? 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. David contends that from the moment he diverted funds from Golden 1 and Kaiser Permanente, he intended to repay the money. Choose at least two teams from the menus below to start your trade. Dr. A's weekly risers and fallers: Jeremy Sochan, Christian Wood make the list, NBA Power Rankings: Kevin Durant's return could rock the West, Inside the NBA's silent tension surrounding Daryl Morey, From the archives: How former ref Tim Donaghy conspired to fix NBA games, in a Kings organization often beset by palace intrigue, stay of execution that had wrested the team back from Seattle in 2013, Supplemental Privacy Policy for Singapore. He is an Arizona State University alum (2006) and earned a Masters of International Business from the University of St. Thomas (2007). Tools and Resources Used by Real General Managers. 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. . They are members of the Pacific Division of the Western Conference in the National Basketball Association (NBA). "That was the tradition of the Kings, and what originally was Arco Arena," Peterson said. "I can liquidate the properties. All rights reserved. Sommercamp has questions. 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. "I can't talk about it, but I'm obsessed. To make up the shortfall, David says he planned to wire the missing amount to the Kings. THE MOVING VAN from Sacramento chokes its way through Miami's thick August air. As rewarding as sales work can be on behalf of a pro basketball team, it hadn't satisfied Jeff's thirst for more. He has an adoring wife of almost 10 years, three healthy children. During negotiations, Golden 1 CEO Donna Bland suggested that if the Kings needed more cash up front, Golden 1 could be in a position to accommodate. 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: 2691-3212, .456 W-L% Playoff Appearances: 29 Championships: 1 More Franchise Info 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. A surge of adrenaline jolted through Wegzyn's body. Knicks-Celtics, 7:30 p.m. Disgraced former Sacramento Kings executive Jeffrey David has been handed a seven-year jail sentence after being found guilty of stealing $13.4 million USD from the NBA franchise. On September 17, 2020, the Sacramento Kings announced the hire of McNair as the general manager and president of basketball operations. engineers, janitors, food service workers and security officers) to return to work who were previously unable to work due tothestate-mandated closure of Golden 1 Center. What did you do?! 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. Gambling problem? Jeff retreats to a back bedroom with Sommercamp, who wants Jeff relaxed and comfortable, a willing conversationalist. 1948-49 to 2022-23. Her name is Stacy Wegzyn, and she works in HR. He had launched the first in a series of grifts that would grow from thousands to millions of dollars. [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. 2011: Named Kings CRO Summer 2018: Wegzyn finds the trail 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? During this extended playoff drought, the Kings had 10 different head coaches. Our reasoning for presenting offensive logos. Wilcox joins the Kings organization with nearly 20 years of experience in the NBA, including serving as General Manager (2015-17) and Assistant General Manager (2012-15) of the Atlanta Hawks. However, their most notable acquisition this season was signing Russell Westbrook after he was bought out of the final months of his . Like most, they thought that the Kings were donating the shuttered arena to the state for free. Jeffrey David pleaded guilty earlier this year to . It, too, is frozen. What's going on?!". 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. Wilcox will support General Manager Monte McNair in all facets of front office operations including roster construction, strategy and player evaluation. 2009: David sets up SSP "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. 2016: Purchases beach homes 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! They say the Kings have a history of donating the facility, free of charge, during a variety of emergencies ranging from floods to Y2K. Six seasons split between Kansas City and Omaha, and then seven more in just K.C. On this Wikipedia the language links are at the top of the page across from the article title. 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. 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.. [1] Kolokotronis is in her 22nd season with the Kings. Contact Information Website www.kings.com Formerly Known As Rochester Seagrams Ownership Status Acquired/Merged 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. Join to view profile Sacramento Kings. But the forfeiture team has arranged to sell far more complex assets than beach homes. Jeff tells her that's unlikely. Find out more. "The monthly lease amount for Sleep Train Arena (including 4,000 parking spaces) is a discounted rate.