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Home > Company Index > Leisure > Professional Sports Teams & Organizations > Sacramento Kings
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Sacramento Kings |
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NEWS FROM THE STANDARD |
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Expensive Toys for Very Rich Boys
Apr 24 2000 12:00 AM PDT
PROFILE |
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Founded in 1945 as the Rochester (New York) Royals, the Sacramento Kings basketball team has been royally frustrated for most of its history. Les Harrison founded the Royals and coached the team to an NBA title in 1951 by beating the New York Knicks in seven games. Afterward, the club became a bit of a vagabond and was known variously as the Cincinnati Royals, the Kansas City-Omaha Kings, and the Kansas City Kings. Then Gregg Lukenbill bought the team and moved it to Sacramento, California, in 1985. Brothers Joe and Gavin Maloof bought the team in 1998 through their Maloof Sports and Entertainment, which also owns the WNBA Monarchs and the teams' ARCO Arena, as well as the Palms Casino Hotel in Las Vegas.
COMPETITION |
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California Sports, Inc. (dossier)
Phoenix Suns (dossier)
Portland Trail Blazers (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: June
2000 Sales (mil.): 71.30
1-Yr. Sales Growth: 107.9%
Employees: 80
Revenue per employee: $891,250.00
KEY PEOPLE |
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John Thomas
CEO
John Reinhart
CFO
CONTACT INFO |
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1 Sports Pkwy.
Sacramento, CA 95834
US
Phone: 916-928-0000
Fax: 916-928-6912
Online: Web Site
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