Vivek Ranadive is hoping for a fresh start as chairman of the Sacramento Kings as they open up their new arena.

“It’s a very hard process, and a hard journey, but I have zero regrets,” Ranadive said. “We created thousands of jobs in the city (with the arena). We’ve kept everything local. We’re investing a billion dollars here (between the arena and the downtown area), and the vast majority of that is staying in the city itself.

“Where we are today, I’m very excited. We have a coach and a GM and a front office and a coaching staff who all have kind of the all-for-one-one-for-all mindset. We actually have a lot of talent, young guys and older guys, so Vlade (Divac) has a portfolio of talent with which to keep building … Obviously there have been different parts of the journey that have been less fun, but look, I’ll never forget that at the end of the day it’s a huge privilege to be able to own the team, and I’m humbled by that.”

Ranadive runs the Kings despite owning just 15.08 percent of the franchise. 

There have been reports that some of the minority owners of the Kings have been upset with how Ranadive has run the franchise.

“And by the way, I called up all the (minority) owners and said 'Who feels that way?' Zero (of them) put up their hand. Not even one. It was zero. And I said, 'Hey, if some of you are unhappy, then I'll write you a check.' ... So look, every time somebody calls and wants a favor, and (team president) Chris (Granger) or (chief operating officer) Matina (Kolokotronis) have to say no, then they feel like they should get this or they should get that or they should have a role in this, then they might become unhappy. And I think what other organizations have done is they've kept it very close to start with. You know, I get texts from new owners, and they say, 'Hey, so and so wants to be in the war room on draft day. What's your advice and how do you do it?' And what I do now is different from what we did three years ago, OK?

“And now it's more what I learned from Joe. Look, this is something where it's more like politics than it is like business, and everything is debated in the press and you guys play a role, but at the end of the day I'm still trying to understand what these so-called complaints were.”