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Kings Put 34 Percent Of Employees On Four-Month Furlough

May 18, 2020 4:43 PM

The Sacramento Kings will put one-third of the franchise's full-time workers on a four-month furlough beginning June 1st as a result of the COVID-19 pandemic.

Kings President of Business Operations John Rinehart made the announcement in an email to employees.

Rinehart explained the sports and entertainment industries were hit hard by the suspension of NBA play and live events at Golden 1 Center, resulting in “an unprecedented impact on our bottom line” and “significant fiscal uncertainty about the future.”

“Since all live events have been cancelled or postponed in the arena for at least the next several months, we need to reduce our operations to meet our current economic situation,” Rinehart said in the email. “We delayed this for as long as possible but, unfortunately, the harsh economic realities facing the live sports and entertainment industries were just too much to overcome.”

The Kings will retain their employees in basketball operations as well as health and performance. 

Rinehart said all furloughed employees will continue to receive full medical benefits and the team has amended its retirement plans to ensure greater access to funds “during this time of need.”

Jason Anderson/Sacramento Bee

Tags: Sacramento Kings, NBA

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Kings Could Lose Tens Of Millions Of Dollars In Uninsured Refund Requests

May 11, 2020 5:03 PM

The Sacramento Kings are bracing for what might be tens of millions of dollars in uninsured losses, sources tell the Sacramento Bee.

The stoppage in NBA play and live events at Golden 1 Center is having a “tremendous impact to the bottom line,” saying “over half of the team’s revenue is generated from hosting ticketed events in the arena.”

The Kings' new policy will apparently make refunds available for all tickets whether games are officially canceled or not.

The Kings said they intend to communicate the following to ticket holders via email by May 18: “While we await more information from the league regarding the 2019-20 season, it is our commitment to provide flexible options to ticket holders regarding impacted games. Tickets already purchased for a postponed Kings home game are eligible to be credited towards the 2020-21 season or a refund is available upon request.”

Jason Anderson/Sacramento Bee

Tags: Sacramento Kings, NBA

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Kings Likely To Retain Vlade Divac, Luke Walton In 20-21

Apr 28, 2020 12:11 PM

Vlade Divac and Luke Walton "very likely to remain" in their current positions with the Sacramento Kings next season, sources tell Sam Amick of The Athletic. 

Vivek Ranadive had expressed frustration with Divac and Walton after the Kings' 15-29 start, but they subsequently put together a strong six-week stretch winning 13 of 20 games.

Both Divac and Walton are signed through the 22-23 season. Walton is in his first season as head coach.

Sam Amick/The Athletic

Tags: Sacramento Kings, NBA, NBA Misc Rumor

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Kings Intend To Match Offer Sheets For Bogdan Bogdanovic

Apr 11, 2020 1:59 PM

Re-signing Bogdan Bogdanovic this summer is a top priority for the Sacramento Kings, according to Jason Jones of The Athletic.

Jones adds that the team intends to match any offer sheet for Bogdanovic, who is in the final of season a 3-year, $27 million deal.

It was reported earlier this season that Bogdanovic is likely to exceed his current max eligible extension of $51.4 million.

The 27-year-old is averaging 14.5 points, 3.2 rebounds, and 3.2 assists on the season. 

Jason Jones/The Athletic

Tags: Bogdan Bogdanovic, Sacramento Kings, NBA, NBA Misc Rumor

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CJ McCollum, Alex Len Fined For Shoving Match

Mar 9, 2020 12:54 PM

CJ McCollum and Alex Len have each been fined for their roles in an on-court incident.

The incident, which resulted in technical fouls for both players, occurred with 8:50 remaining in the third quarter of the Kings’ 123-111 win over the Trail Blazers on March 7 at Moda Center.

McCollum has been fined $20,000 for shoving Len and attempting to escalate the altercation. Len has been fined $15,000 for shoving McCollum.

RealGM Staff Report

Tags: Portland Trail Blazers, Sacramento Kings, NBA, NBA Fines

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Anthony Tolliver Finalizing Buyout From Kings

Feb 29, 2020 4:49 PM

Anthony Tolliver is finalizing a buyout with the Sacramento Kings, league sources told Shams Charania of The Athletic.

Tolliver was traded to the Kings in January. 

March 1st is the deadline for players to be released and be playoff eligible with their new team.

Shams Charania/The Athletic

Tags: Anthony Tolliver, Sacramento Kings, NBA, NBA Misc Rumor

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Buddy Hield Could Request Trade From Kings If He Remains Out Of Starting Lineup

Feb 12, 2020 4:44 PM

The Sacramento Kings replaced Buddy Hield in the starting lineup last month with Bogdan Bogdanovic.

Hield signed a four-year, $94 million extension with the Kings before the start of the season, but Bogdanovic will be a restricted free agent this offseason and the franchise would like to retain him.

A source with knowledge of Hield's thinking said he could request a trade if he remains displeased with his role. Hield is paid starter money and believes he should be a starter in the NBA.

Hield has already shown a willingness to be publicly critical of Luke Walton.

Bogdanovic is one of Hield's best friends on the team. 

Shams Charania, Sam Amick, Jason Jones/The Athletic

Tags: Buddy Hield, Sacramento Kings, NBA, NBA Trade Rumor, NBA Misc Rumor

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Marvin Bagley's 'Left Foot Soreness' Injury Could Be More Serious Than Announced

Feb 12, 2020 4:35 PM

Marvin Bagley has played in just 13 games this season due to injuries and could be out for the remainder of 19-20.

Some sources with the Kings told The Athletic that Bagley's injury could be worse than it was announced. 

Bagley has missed the last 11 games with "left foot soreness" after reaggravating the injury that cost him seven games. Bagley also missed 22 games with a broken right thumb.

The Kings were counting on Bagley to take a big step forward in his sophomore season as they push for a playoff spot. The mystery of Bagley's injury hasn't helped how he is perceived internally in some factions of the franchise. 

Shams Charania, Sam Amick, Jason Jones/The Athletic

Tags: Marvin Bagley III, Sacramento Kings, NBA, NBA Injury

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Kings' Ownership Supported Drafting Luka Doncic

Feb 12, 2020 12:51 PM

The Sacramento Kings had support for drafting Luka Doncic at No. 2 overall in 2018 from ownership, but Vlade Divac, Brandon Williams and Peja Stojakovic had concerns about his upside compared to Marvin Bagley.

The Kings also had concerns about how Doncic's ball-dominance would impact De'Aaron Fox. Fox had a breakout sophomore season in 18-19 as Doncic was becoming Rookie of the Year.

Vivek Ranadive took an increased interest in the Kings' scouting process earlier in the year with the belief it was a reaction to looming questions about why Doncic wasn't selected in 2018.

The Kings were expecting Bagley to have a breakout sophomore season in 19-20, but he has been plagued by injuries. 

Shams Charania, Sam Amick, Jason Jones/The Athletic

Tags: Luka Doncic, Marvin Bagley III, Dallas Mavericks, Sacramento Kings, NBA, NBA Misc Rumor

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Vivek Ranadive Frustrated With State Of Kings But No Changes Imminent

Feb 12, 2020 12:36 PM

Vivek Ranadive has expressed frustration with the state of the Sacramento Kings in a number of ways.

Ranadive has shared his frustration with both the front office and coaching decision including in private conversations with business associates and in text messages during a season-long group chat with Vlade Divac, Luke Walton, Peja Stojakovic and Matina Kolokotronis. The complaints are focused on the Kings' underachievement and the parts each have played in it.

Ranadive has increased his interest in learning about the Kings' scouting process and has also sought more insight about their network with the belief it is a reaction to why Luka Doncic wasn't selected in 2018.

Ranadive declined a request to be interviewed for this story.

Sources say there is no indication that a change to the front office or coaching staff will be made in the near future, but tension has undoubtedly returned to the franchise.

“We share our fans’ frustrations with how the season has unfolded and are working hard to improve,” the Kings said in a statement to The Athletic that was in response to the request. “We remain confident in Vlade’s leadership in building the winning team that our fans and city deserve.”

Shams Charania, Sam Amick, Jason Jones/The Athletic

Tags: Sacramento Kings, NBA, NBA Misc Rumor

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Marvin Bagley Unsure Of Return, Says He's 'Going To Try To Come Back This Year'

James Ham/NBCS Bay Area

Kings Trade Dewayne Dedmon, Two 2nd Round Picks To Hawks For Jabari Parker, Alex Len

Adrian Wojnarowski/ESPN

Kings Remain Comfortable Keeping Bogdan Bogdanovic Past Deadline

Sam Amick/The Athletic

Lakers, Hornets Interested In Trading For Bogdan Bogdanovic

Zach Lowe/ESPN

Kings Offered Lakers Nemanja Bjelica, Draft Pick For Kyle Kuzma

Kevin O'Connor/The Ringer

Kings Open To Reconciling With Dewayne Dedmon

Jason Anderson/Sacramento Bee

Luke Walton: Benching Buddy Hield Is 'Not A Permanent Thing'

Eric Woodyard/ESPN

Kings Still Trying To Unload Dewayne Dedmon

Adrian Wojnarowski/ESPN

Kent Bazemore Has No Plans To Pursue Buyout With Kings

Chris Haynes/Yahoo! Sports

Blazers Trade Kent Bazemore, Anthony Tolliver To Kings For Trevor Ariza, Wenyen Gabriel, Caleb Swanigan

Adrian Wojnarowski/ESPN

Luka Doncic: I Honestly Thought Kings Were Going To Pick Me

Sam Amick/The Athletic

Richaun Holmes To Be Re-Evaluated In 2-3 Weeks Due To Shoulder Injury

James Ham/NBC Sports Bay Area

Kings Comfortable Keeping Bogdan Bogdanovic Past Trade Deadline

Sam Amick/The Athletic

Kings Interested In Trading For Kyle Kuzma

Marc Stein/New York Times

Dewayne Dedmon Fined $50,000 By NBA For Publicly Stating He Prefers Trade From Kings

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Knicks Considered Trading Pick That Became Kristaps Porzingis To Kings For DeMarcus Cousins

Ian Begley/SNY.tv

Dewayne Dedmon Publicly Confirms He'd Prefer Trade From Kings

Jason Anderson/Sacramento Bee

Marvin Bagley To Miss 'Next Few Games' With Foot Sprain

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Zach Randolph Announces Retirement From NBA

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De'Aaron Fox Day-To-Day With Back Spasms, Marvin Bagley To Be Re-Evaluated On Saturday

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