CFOs swap accounts of stress-testing their team's internal checks and balances to protect against potential fraud. 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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. The previous June, he had purchased a $3.8 million home just blocks from the Pacific Ocean in Manhattan Beach. When the FBI arrived Wednesday afternoon, the Kings were armed with troves of documents unearthed and organized by Wegzyn -- a binder with all the correspondence, the tax documents, the bank statements, anything she could get her hands on. "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. It had to be a hard decision. 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. From the front row of the gallery, she stares into the distance. It's not going to be a big deal.". The cash used in the purchases was almost entirely the millions sent to Jeff by Golden 1 and Kaiser Permanente. She finally learns that there's a freeze on the family account. Select the players you wish to trade from the rosters below. 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. Sommercamp wants to know who these investors are. 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. 60 activities a day, usually cold calls but they allow you to choose what kind of client you reach out to. The former Kings executive reportedly ran a sophisticated money-laundering scheme. 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. They say there was a consensus that the monthly expenses for the arena were far less than what the Kings are charging the state. Kate grasps for any theory, speculating that the agents might have been con artists posing as Feds to fleece the family. Tools and Resources Used by Real General Managers. Warriors-Lakers, 3:30 p.m. (ABC) David contends that from the moment he diverted funds from Golden 1 and Kaiser Permanente, he intended to repay the money. "The Greatest Show on Court," none of us would / CBS Sacramento. Sacramento Kings [ edit] 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. The amount represented a relatively small sum for a franchise that would generate some $13 million in sponsorship revenue that season. Jeff's mother-in-law and her partner had arrived the previous night to help wrangle the kids while Jeff and his wife, Kate, led their family from their rental home in Coconut Grove. Select the third team from the drop down menu. "The King's Foundation does a great job right now. 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. Her name is Stacy Wegzyn, and she works in HR. 75; He says he's investigating a real estate title company. They are members of the Pacific Division of the Western Conference in the National Basketball Association (NBA). 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. Question, Comment, Feedback, or Correction? "Does this have anything to do with those FBI agents today?". Mavericks-Pelicans, 7:30 p.m. [15] 2011: Named Kings CRO Select the fourth team from the drop down menu. He has an adoring wife of almost 10 years, three healthy children. Jeff explains that he's part of an investor group. There have been suggestions that Snyder may have taken the job in part to have a bigger say in roster changes when Williams spoke to Snyder she got the impression that while Fields and . "We're partners. THE KINGS ENTERED 2015 celebrating their unlikely survival. Confirm that your trade proposal is valid according to the NBA collective bargaining agreement. Maybe 2015? Here is the full list of the CBS13 stories cited by the Kings: The NBA 2K League is set to start on May 5 as teams will compete remotely due to COVID-19. Reading David's email felt invasive, even if Kings employees, like those at most companies, sign away their privacy to people like her. The Sacramento Kings are having a rough go with clock operators this week. In his five years in Houston, he served in a variety of scouting roles including Director of Scouting with NBA G Leagues Rio Grande Valley Vipers (2009-11). Monte McNair is an American sports executive who is the general manager and president of basketball operations for the Sacramento Kings. Across the courtroom, the U.S. attorney's team readies itself to argue that Jeff David should serve nine years in federal prison. The company owns and manages professional basketball teams and competes in the National Basketball Association as a member of the Western Conference Pacific Division. Use without license or authorization is expressly prohibited. David offers a broad outline of the Golden 1 and Kaiser Permanente schemes. Odds & lines subject to change. Prior to that promotion, Johnson was a Pro Evaluation Coordinator after having worked in different capacities for the Oklahoma City Thunder since 2015. Everyone will get their money back, and it'll be OK. Johnson played collegiately at La Salle University in the Atlantic 10 Conference, where he was team captain of the mens basketball team and graduated in 2009. Suns-Mavericks, 1 p.m. (ABC) And in more than two dozen interviews, colleagues, friends, neighbors, family, law enforcement and Sacramento businesspeople could offer no explanation as to why he did it. The Kings, who are in third place, are an explosive offensive team; they average a league-high 120.7 points per game. As someone who owned rental properties, the table of depreciating items looked familiar in its contents -- furniture, a golf cart -- but the name of the entity in question was odd: Sacramento Sports Partners LLC. 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. In 2012, approaching his 40s, David was earning a low-to-mid-six-figure salary. A former executive from the NBA's Sacramento Kings has been accused of taking $13.4m from two sponsors, according to The Sacramento Bee. 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. 2023 CBS Broadcasting Inc. All Rights Reserved. She asks Jeff whether the documents contain anything that anyone with the Kings needs to see. Kevin Arnovitz explains what the possible motivations were for former Kings executive Jeff David siphoning millions of dollars from the team. January 24, 2022 12:01am A Sacramento Kings executive was fined by the NBA for in-game actions, raising a complicated legal question. Jeff volunteers that Golden 1 and Kaiser Permanente, two major sponsors with the Kings, are partners. We expect you to tell us everything you know, and if you plan to do anything apart from that, let's go our separate ways, because lying is worse than telling us nothing at all.". He says he believes that the Kings' finance department wouldn't have a concern that the $5.5 million had arrived in two payments as long as the full amount was present. "You're going to go to prison," Kate says. Jeff calls Sommercamp and puts him on speakerphone. It's a seemingly innocuous inquiry from an HR lifer. Jeff retreats to a back bedroom with Sommercamp, who wants Jeff relaxed and comfortable, a willing conversationalist. But it did ultimately prove useful. [2] Early life [ edit] Born in Chicago, Illinois, Kolokotronis is the second of four daughters born to Greek immigrants. Team Contact Information. 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. THE MOVING VAN from Sacramento chokes its way through Miami's thick August air. Jeffrey David pleaded guilty earlier this year to . They were a massive disappointment, yes, but also so transcendent for brief moments. Matina Kolokotronis serves as the Chief Operating Officer (COO) of the Sacramento Kings. And now, after her husband has confessed to a monstrous fraud, her mother sits beside her and extends an arm, but she is virtually unresponsive. 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All rights reserved. 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. Still, to Nancy and Rich, he seems oblivious to the depth of his crime. Ap/Jevone Moore Earlier this month, the NBA fined Sacramento Kings assistant general manager Wes Wilcox $15,000 for confronting personnel at the scorer's table. 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. 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. Mike Brown, left, the new head coach of the NBA Sacramento Kings basketball team poses for a photo with Kings general manager Monte McNair, right, in Sacramento, Calif., Tuesday, June 21, 2022. On June 8, 1983, an investment group from Sacramento purchased the Kings. Jeff last remembers sitting in her office in Sacramento just months earlier, being told that the Kings were going to eliminate his position. She was consumed by the chase but also suffering from periodic pangs of doubt. 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. The team's new vice president of security operations, Dave Thomas, spent nearly 30 years in law enforcement with the FBI and Secret Service. The San Francisco 49ers today announced a new multi-year broadcast partnership with Sactown Sports 1140AM, the local sports leader for the Sacramento metropolitan area. 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. Director, Team Operations, Colin MontagueDirector, Basketball Analytics, Penny ChatzisDirector, Team Player Development, Zac HoweHead Strength & Conditioning Coach, Rachel MackPerformance Chef & Nutritionist. 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. When asked whether David's scenario sounds plausible, business operations executives from six NBA teams say they find it far-fetched. He promptly returned the $6 million and instructed Golden 1 to wire the funds to the Kings' primary account. All content 2000-2023 RealGM, L.L.C. (4/20/20), Kings fans came together to show support for frontline health care workers on Wednesday night, which was supposed to be the team's regular-season finale. Peterson and Stone also pointed out, unlike previous ownerships, the Kings are now subsidized by the state. There have been so many weird things that have happened over the years with this club, which was incredible in . Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. Director, Digital, Content & eSports, Nicole LoscavioSr. 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. What if I'm wrong? Sacramento Kings. They wanted to go local. On the flip side of the coin, those young talents can be the fire starters for other key franchises who are on a looking to move up in the draft, specifically the lottery, and give the Kings more stability rather than more super team, just young..
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