Shaquille O'Neal has purchased a minority stake in the Sacramento Kings.

O'Neal plans to meet with players and coaches of the Kings and will have dinner with DeMarcus Cousins.

"What interested me in this deal is the new vision, the new Kings, the new everything," O'Neal said. "I've always wanted to be part of something like this…It's going to be great."

The NBA has revised some of its media guidelines for the coming season.

The new rules decrease the amount of times players are required to be available on game days, but they must now speak at least once when out with a long-term injury.

NBA senior vice president of communications Tim Frank said the changes were made in an effort to ''achieve consistency across the league.''

''It was time to take a fresh look,'' Frank said. ''We've basically had the same rules for 30-plus years and with the changing media landscape it was clear there were redundancies and we needed to adjust.''

Players also must be available within 45 minutes after a game ends. Many star players often force the media to wait more than an hour after some games.

Jason Kidd is purchasing Jay-Z's 1/15th of a percent stake in the Brooklyn Nets for approximately $500,000.

“Other owners want to give Jason a part ownership of the team, and urged Jay to sell his shares to him,” according to a source.

Jay-Z was forced to sell his ownership interest in the Nets to become a sports agent.