The FBI and federal prosecutors are investigating Jeffrey R. David, 44, the former chief revenue officer for the Sacramento Kings who currently holds the same position with the Miami Heat.

David allegedly diverted $9 million from the Golden 1 Credit Union and another $4.4 million from the Kaiser Permanente Foundation.

David's position with the Kings was eliminated on June 1st and joined the Heat as chief revenue officer in July.

No criminal charges have been filed in the case, which was referred to federal investigators by the Kings a week ago.

The Sacramento Kings have hired Ty Ellis to become head coach of the Stockton Kings.

Ellis was previously an assistant coach with the Phoenix Suns.

The Golden State Warriors will play the Sacramento Kings on Oct. 5 at KeyArena in Seattle.

The preseason game will be the NBA's first return to Seattle since the Sonics left for Oklahoma City in 2008.

Kevin Durant played his rookie season in Seattle with the Sonics.

“That would be amazing, hopefully that goes through,” Durant said in February of returning to Seattle for a preseason game, when the exhibition was in its planning stages. “I mean, the fans of Seattle definitely deserve basketball, and that would be amazing. So, I’m looking forward to that.”