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Claiming that expenses were piling up as the Kings tried to complete construction of the new arena, David asked Kaiser if it would add a $4.4 million upfront payment in lieu of an escalator. [2] Early life [ edit] Born in Chicago, Illinois, Kolokotronis is the second of four daughters born to Greek immigrants. Golden 1 Center | 500 David J Stern Walk | Sacramento, CA 95814Phone: 888-91-KINGS, Matina KolokotronisChief Operating Officer, John RinehartPresident, Business Operations, Becky Beland McNaughtSVP, Communications and External Affairs, Fernando VegaVP, A/V & Broadcast Production, Kari IdaVP, Communications and Public Relations, Mike HerreraVP, Corporate Partnership Sales & Service, Kindra Montgomery-BlockVP, Diversity, Inclusion & Social Impact, Maritza DavisVP, Experiences & Social Responsibility, Justin PetkusVP, Ticket Sales & Membership Services, Jason WiseSr. ", "Theagreement has also enabled over 100 part-time Kings team members (i.e. We had an arrangement and we agreed upon it, then everyone moved on.". But on his way out, he had left behind a digital trail. Sommercamp wants to know who these investors are. As rewarding as sales work can be on behalf of a pro basketball team, it hadn't satisfied Jeff's thirst for more. IN JANUARY 2019, top business-operations executives from the NBA and its 30 franchises congregate in Miami for the league's annual sales and marketing meetings. We present them here for purely educational purposes. Prior to Philadelphia, Jabour was a Scout for the Orlando Magic (2012-14) and contributed to collegiate and professional prospect evaluation. Still, the Kings defend the rent stating: "Per the state, our lease agreement for Sleep Train Arena is consistent with other similar alternate care facilities that have been created to support the growing medical needs of the COVID-19 crisis across California. Warriors-Lakers, 3:30 p.m. (ABC) Warriors-Lakers, 3:30 p.m. (ABC) 4 on Thursday's NBA Draft, making a huge pivot than what was expected of them. But it's one that will dictate the rest of Jeff David's life. Kate toggles over to the family's secondary account at Wells Fargo. Just as Wegzyn returned to the office on Tuesday, confirmation arrived from Golden 1: It had sent a $9 million payment to SSP. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. The SPORTS REFERENCE and STATHEAD trademarks are owned exclusively by Sports Reference LLC. 60 activities a day, usually cold calls but they allow you to choose what kind of client you reach out to. Sacramento Kings Staff & Executives - RealGM Sacramento Kings Staff & Executives Team: Season: Current | Historical View: Person View | Grid View 216 staff members found. Grapevines and Teslas lined the driveway of Ranadive's 3-acre chateau; his glass-bottom pool was covered with flooring beneath an expansive tent. Join us for a March Madness Webinar on Tuesday, March 7 at 8pm ET. The same . We expect you to tell us everything you know, and if you plan to do anything apart from that, let's go our separate ways, because lying is worse than telling us nothing at all.". Jeff's mother-in-law and her partner had arrived the previous night to help wrangle the kids while Jeff and his wife, Kate, led their family from their rental home in Coconut Grove. To make up the shortfall, David says he planned to wire the missing amount to the Kings. In 2012, approaching his 40s, David was earning a low-to-mid-six-figure salary. He says he's investigating a real estate title company. What's going on?!". He promptly returned the $6 million and instructed Golden 1 to wire the funds to the Kings' primary account. Please enter valid email address to continue. Sacramento Kings Staff & Executives - RealGM Sacramento Kings Staff & Executives Team: Season: Current | Historical View: Person View | Grid View Sort: Staff (A-Z) Col umns: Swipe 215 staff members found. Grizzlies-Clippers, 10 p.m. Mavericks-Pelicans, 7:30 p.m. Director, Team Operations, Colin MontagueDirector, Basketball Analytics, Penny ChatzisDirector, Team Player Development, Zac HoweHead Strength & Conditioning Coach, Rachel MackPerformance Chef & Nutritionist. They said several other former VPs & owners were in agreement that if the Kings weren't going to donate the facility, they shouldn't be charging more than their cost. Jul 2019 - Present3 years 9 months. Partners in the Kings' ownership group arrived to games via private jet from one of their multiple homes, while others showed up in limousines or $100,000 sports cars. [14], One of the largest problems that McNair faced was filling the shooting guard position as Bogdan Bogdanovic was a free agent in the 2020 offseason. Call 1-800-GAMBLER. Copyright 2000-2023 Sports Reference LLC. . To offset the $9 million, David altered the payment schedule of the initial agreement, again forging Granger's signature. Confirm that your trade proposal is valid according to the NBA collective bargaining agreement. "That explanation rings hollow for me," Stone said. Follow game Los Angeles Clippers vs Sacramento Kings live coverage, stream information, score online, prediction, TV channel, lineups preview, start date and result updates of the NBA on March 3rd . All rights reserved. To believe that any of 2023's neo-contenders can become bonafide champs over the next few months is to believe that a once-in-a-quarter-century occurrence is about to transpire. "This was a long, sophisticated course of conduct that required registering LLCs with the state, opening commercial mailboxes in the LLC's name, using the identities and the good names of prominent regional businesspeople, signing their names on LLC documents unbeknownst to them, and using their identities to perpetuate fraud," he says. The Detroit Pistons (15-48) play against the Cleveland Cavaliers (39-26) at Rocket Mortgage FieldHouse Live Stream: fuboTV (Watch for free) NBA League Pass: The most live games plus NBA TV. Why did Jeff David steal $13.4M from the Kings? In December, David pleads guilty to wire fraud and aggravated identity theft charges. "I'm going to tell you, but I need you to hear me out," he says. She finally learns that there's a freeze on the family account. The agent gets more specific, probing the mechanics of Sacramento Sports Partners' formation. He strongly suspects he's the perpetrator of a felony. May 7, 2020 / 10:58 PM To learn more or opt-out, read our Cookie Policy. In the 2021 NBA Draft, McNair and the Kings showed they wanted to improve their defense after having a historically bad defensive year. David says that in his capacity as a top executive with another team, he could have called his counterpart in Sacramento several times over a 10-year period and brokered such deals. In addition to the duties as Manager, Sales Operations. When the session breaks, David's family and friends commiserate with him, but Kate doesn't move. Watch our How-To Videos to Become a Stathead, Subscribe to Stathead and get access to more data than you can imagine. And even though he was earning $360,000 per year plus bonuses, just about everyone in here made more than he did. Account Executive (Former Employee) - Sacramento, CA - October 2, 2017 Indeed Featured review Great place to work if you truly enjoy meeting new people and building relationships! Its likely that a decision like this wont be made during the combine and invitational workouts, so seeing what Kings brass next moves are will be a huge indicator in exactly how they intend on ending the 16-year playoff drought. What Wegzyn didn't yet have were whatever contracts David had drawn up to lure Golden 1 and Kaiser Permanente into his scheme. He says he had the mechanics worked out: On July 1, 2026, the Kings would be expecting $5.5 million (per the original payment schedule). FOR JEFF DAVID, the summer of 2017 was one of those times when the reality of a man's life surpasses even his dreams. And he becomes emotional when he speaks on his own behalf, pausing to collect himself as he conveys remorse to the court. And in more than two dozen interviews, colleagues, friends, neighbors, family, law enforcement and Sacramento businesspeople could offer no explanation as to why he did it. Stone was there for nine years and was Senior VP of Arena Services under the Maloofs. "I'll just give the money back," Jeff says. "The Greatest Show on Court," none of us would The masculine minimalism looked familiar to anyone who has walked into a boutique hotel in the past decade. He does not believe Jeff is a victim. Sacramento Kings [ edit] After former Kings GM Vlade Divac, Kings assistant GM Peja Stojakovic, and Stockton Kings GM Anthony McClishand stepped down in late 2020, the Kings organization made Joe Dumars their interim executive vice president of basketball operations. All content 2000-2023 RealGM, L.L.C. David and his legal team had hoped for a sentence not much longer than two years, but Shubb hands down a term of seven. Our reasoning for presenting offensive logos. 2015-16: Golden 1, Kaiser frauds David had neglected to leave the digital document when he'd departed for Miami a few weeks earlier. When asked for the motivation behind the theft, David, years later, gives no unified theory. From the front row of the gallery, she stares into the distance. decisions (usually the general manager) are listed. If he knows that -- or senses it -- he doesn't let on. They say the Kings have a history of donating the facility, free of charge, during a variety of emergencies ranging from floods to Y2K. Choose at least two teams from the menus below to start your trade. She was leaving town in less than 48 hours to drop her daughter off at college in the Pacific Northwest, and she desperately wanted some clarity. Federal prosecutors in Sacramento, California, on Wednesday filed charges and a plea agreement signed by former chief revenue officer Jeffrey David admitting to forging the team president's signature to divert sponsorship payments to a bank account he controlled. The longer Jeff believes the inquiry is about the title company, the more likely it is that Sommercamp can extract the details he wants. Rich tells Jeff it's imperative that he get legal protection. All rights reserved. David contends that from the moment he diverted funds from Golden 1 and Kaiser Permanente, he intended to repay the money. His life is seemingly picture-perfect. The previous June, he had purchased a $3.8 million home just blocks from the Pacific Ocean in Manhattan Beach. Director, Partnership Marketing & Business Development, Jozee PerrelliDirector, Box Office Operations, Colin WarnerDirector, Business Intelligence, Karl CrudupDirector, Event Sales & Production, Michael RamosDirector, Groups & Hospitality, Nichole AmbergDirector, Interactive Design & Strategy, Allison ChandlerDirector, Marketing & Advertising, Kelsey KauffroathDirector, Marketing & Fan Engagement, Matthew JohnsonDirector, Membership Sales & Sales Enablement, Nick CooperDirector, Membership Services & Retention, Kamilah JohnsonDirector, Retail Merchandise, Katie NicholsonDirector, Social Responsibility, Meryl BalalisDirector and Sr. 1,001-5,000 employees Headquarters Sacramento, CA Type Privately Held Founded 1985 Locations Primary 500 David J Stern Walk Sacramento, CA 95814, US Get directions Employees at Sacramento. Subscribe to Stathead Basketball: Get your first month FREEYour All-Access Ticket to the Basketball Reference Database. They say there was a consensus that the monthly expenses for the arena were far less than what the Kings are charging the state. Led by David, they had begun discussions with several corporations for the naming rights for their new arena and training facility, which were under construction. The story Jeff David was about to tell his wife -- of a yearslong fraud, of millions of dollars stolen -- was almost too absurd to believe. JEFF, KATE AND their families arrive at the U.S. Disgraced former Sacramento Kings executive Jeffrey David has been handed a seven-year jail sentence after being found guilty of stealing $13.4 million USD from the NBA franchise. Director, Digital, Content & eSports, Nicole LoscavioSr. Odds & lines subject to change. Prior to that promotion, Johnson was a Pro Evaluation Coordinator after having worked in different capacities for the Oklahoma City Thunder since 2015. It was looking to broker courtside signage for Peak Sport, a sportswear company. Choose at least two teams from the menus below to start your trade. Anderson, the government's lead attorney at sentencing, lends no credence to David's unrelenting claim that he intended to compensate the Kings, and takes issue with the premise that David committed one or two indiscreet actions. Here is the full list of the CBS13 stories cited by the Kings: The NBA 2K League is set to start on May 5 as teams will compete remotely due to COVID-19. David now lives at the Federal Correctional Institution in Morgantown, West Virginia, where pleasures are smaller and infrequent. Mavericks-Pelicans, 7:30 p.m. Ja Morant To Be Away From Team For At Least Next Two Games, Ja Morant Releases Statement: 'I'm Going To Take Some Time Away To Get Help' On Well-Being, Jonathan Isaac Out For Season Following Adductor Surgery, The Lottery Pick Gleam Still On Kris Dunn, The 2023 Title Contenders Are Already Here, Six Biggest X-Factors After The All-Star Break, Arizona Online Sports Betting and Promo Codes, Illinois Online Sports Betting and Promo Codes, Kansas Sports Betting Promo Codes & Bonuses, Louisiana Online Sports Betting and Promo Codes, Maryland Sports Betting Promo Codes and Bonuses, BetMGM Sportsbook Massachusetts Promo Code, Caesars Sportsbook Massachusetts Promo Code, Massachusetts Sportsbook Promo Codes & Bonuses, Michigan Sports Betting and Sportsbook Promo Codes, New York Sportsbook Promo Codes and Betting Bonuses, Ohio Sports Betting Promo Codes and Bonuses, Pennsylvania Sports Betting and Sportsbook Bonuses, NFL Odds for the 2022-23 Season: The Best NFL Betting Odds, NFL Prop Bets: Top NFL Player Props for Betting, Super Bowl Odds 2023 - Best Odds To Win Super Bowl 57. Associate Counsel, Halle CaroloDirector, Talent & Engagement, Christina VasquezDirector, Ticket Operations, Paul JohnsonVP, Player Development & Stockton Kings General Manager, Dutch GaitleyAssistant Coach/Director of Player Development, Lindsey HardingAssistant Coach/Player Development, Mark ToyodaSr. Knowing that this is a draft class where frankly mock drafts change every single day outside of lottery numbers 1-3, Sacramento has an opportunity to find generational talent in a youth like Jaden Ivy, Shadeon Sharpe, and Keegan Murray. David breaks down during the testimonial from his mother-in-law, removing his glasses and burying his head in his hands. The most persistent item for debate has been the extent to which this fraud could've happened to any team. When it came time to bill the buyer, David used the Kings' standard invoice template but had Van Wagner make three payments, totaling about $30,000, to SSP. But it did ultimately prove useful. Select the third team from the drop down menu. As Rich pleads with Jeff, Kate rouses from her trance, shock replaced by resignation. Report this profile . "You know what you did. "It's like a money grab.". During negotiations, Golden 1 CEO Donna Bland suggested that if the Kings needed more cash up front, Golden 1 could be in a position to accommodate. Select the players you wish to trade from the rosters below. (4/20/20), Kings fans came together to show support for frontline health care workers on Wednesday night, which was supposed to be the team's regular-season finale. When Jeff had moved $250,000 of the family's savings into Sacramento Sports Partners, he told Kate the money was for a real estate fund with other investors. All three hires were reported last month by veteran writer Marc Stein and Andscape's Marc J. Spears, but the deals weren't completed until Friday, sources told Anderson.. Christie, 52, played 15 seasons in the NBA . SACRAMENTO (CBS13) Former Sacramento Kings executives say they are shocked that the organization is charging the state $500,000 a month to rent the shuttered Sleep Train Arena to be used as a field hospital for COVID-19 patients. Later on, she found a $9 million deposit from Golden 1. FIFTEEN DAYS BEFORE David begins serving his sentence, a pressing matter lands on his docket. After acquiring Domantas Sabonis, Sacramento has made it clear the goal is to end the franchises playoff drought rival teams are keeping an eye on Sacramento to trade this pick. [15] Wes background as an executive in the league combined with Phils veteran leadership through the scouting ranks and Pauls proven experience in evaluating talent will be strong additions to the basketball operations group. On September 17, 2020, the Sacramento Kings announced the hire of McNair as the general manager and president of basketball operations. The average Sacramento Kings executive makes $274,769 a year. [4], McNair earned a Bachelor of Science degree in computer science from Princeton University in 2006. Our reasoning for presenting offensive logos. She also noted that the Kings were one of many teams that agreed to pay game-day workers through the month of March and that they donated nearly 3,000 pounds of excess stadium food. We asked how much they think the Kings should be charging under these circumstances. tenants renting space in the building or revenue from the parking lots) as a result of the surge hospital.". Where, according to an article in Fortune, the prison currency comes in the form of tins of cooked mackerel. No alert, no explanation. (4/8/20), Coronavirus Help: Kings Players To Donate More Than 1,000 Meals To Community, CBS Sacramento, 4/8/20, Kings players have had to stay ready for the return of basketball on their own but that doesn't mean they aren't staying together in other ways. Golden 1 Center | 500 David J Stern Walk | Sacramento, CA 95814. (4/28/20), Kings Join 49ers, Other Local Major Sports Team In Donating 50,000 Face Coverings To Health Care Providers, CBS Sacramento, 4/24/20, Harrison and Brittany Barnes are donating $40,000 for weekly groceries to people in need while also providing coffee and pastries for medical workers at Kaiser's South Sacramento Intensive Care Unit. Bringing decades of experience in sports and government law, community affairs and contract negotiations, Kolokotronis' leadership has been integral to the development of the state-of-the-art, Golden 1 Center as well as its adjacent, $500 million mixed-use development project, Downtown Commons. [6], In 2007, McNair joined the Houston Rockets as the basketball operations senior analyst. "This is Stacy with the Kings," she told the rep in accounts payable at each organization. We're going through an audit, and I'd like to see if you can send me a list of all payments made to my organization over the last five years.". According to Mike Scotto of HoopsHype, executives around the NBA are looking to teams like the Kings as well as the Portland Trail Blazers to shop their picks for quality players that can help their franchises win now: Sacramento already has DeAaron Fox and Davion Mitchell as part of their core for the future, with Donte DiVincenzo set to enter restricted free agency with a $6.61 million qualifying offer. He has an adoring wife of almost 10 years, three healthy children. It also gave David an opening. Jabour made his NBA debut as Daryl Moreys first scouting/personnel hire with the Houston Rockets in 2006. After former Kings GM Vlade Divac, Kings assistant GM Peja Stojakovic, and Stockton Kings GM Anthony McClishand stepped down in late 2020, the Kings organization made Joe Dumars their interim executive vice president of basketball operations. Our intent was, and is, to continue to use our platform for good and to help support our community. The Sacramento Kings are celebrating "916 Day" by announcing events and activities for the upcoming 2022-23 NBA Season. [8][9] Divac and the Kings traded DeMarcus Cousins to New Orleans in 2017 and chose to draft Marvin Bagley III in 2018, one pick ahead of Luka Doncic. She'd told the Kings' IT department that she needed access to David's email. The next summer, David left the Kings for the Heat. Kate dials Bank of America, whose reps bounce her around the after-hours customer service labyrinth. "He knew I was capable of it" - Ex-Sacramento Kings backup center Scot Pollard said Rick Adelman always wanted him to score. Neither was. 4 overall pick in the 2022 NBA Draft, the discourse of shopping the pick has been a quiet Plan B that league executives say might be closer to the clipboard than the Kingdom knows. Eventually, she'd stumbled onto a folder titled "TurboTax," whose first item was a depreciation schedule for a home. McNair hopes to bring stability to the organization. After a few pleasantries, she gets down to business. After restitution is paid to the Kings and other wronged parties, the remaining money goes to an asset forfeiture fund that compensates crime victims. During this extended playoff drought, the Kings had 10 different head coaches. CFOs swap accounts of stress-testing their team's internal checks and balances to protect against potential fraud. David, 44, siphoned $9 million from the Golden 1 Credit Union and $4.4 million from Kaiser Permanente. But multiple sources who have come through the Kings organization over the past decade say the organization had systemic flaws that left it susceptible during much of David's tenure. Like most, they thought that the Kings were donating the shuttered arena to the state for free. Very fast paced and high stress environment. These three executives join Chief Strategy Officer Joe Dumars, Assistant General Manager Ken Catanella, Vice President of Athlete Health and Performance Teena Murray and Vice President of Kings Academy and Professional Development Galen Duncan in rounding out McNairs management team. What did you do?! Jeff tells her that's unlikely. Kate grasps for any theory, speculating that the agents might have been con artists posing as Feds to fleece the family. Sacramento Kings Vice President of Basketball Operations and General Manager Vlade Divac today named Dave Joerger as the team's new head coach. Across the courtroom, the U.S. attorney's team readies itself to argue that Jeff David should serve nine years in federal prison. The party, say sources with knowledge of the event, cost between $150,000 and $200,000. "Giving back to the community, that was always emphasized in my experience there," Stone said. Jeffery R. David, the former Chef Revenue Officer of the NBA Sommercamp has questions. January 24, 2022 12:01am A Sacramento Kings executive was fined by the NBA for in-game actions, raising a complicated legal question. David told his bosses that the Kaiser deal wouldn't include one, a condition they could live with given their satisfaction with the $28 million haul and the lengthy negotiation, according to David. Sommercamp asks Jeff how he found the money to buy it. Get browser notifications for breaking news, live events, and exclusive reporting. One week after her first foray into David's underworld, Wegzyn had struck the mother lode. There's no real cost to them," Stone said. But this was the nerve center of Jeff's world. (3/14/20), The Kings are one of many teams who have said they will pay their game-day workers throughout the month of March. As Wegzyn navigated a morass of files in David's old directory, she hadn't been able to discern an organized system, so she'd had to open things one by one. Account Executive (Former Employee) - Sacramento, CA - October 2, 2017 Indeed Featured review Great place to work if you truly enjoy meeting new people and building relationships! Use without license or authorization is expressly prohibited. NBA.com is part of Warner Media, LLCs Turner Sports & Entertainment Digital Network. David filed this information away. Now, in the wee hours of Wednesday morning, Wegzyn's husband, Mark, found her sitting at her kitchen table, hunched over her laptop. Less than four years after siphoning off $30,000 in courtside signage, David had now stolen $13.4 million from the Kings and their top corporate partners. But unbeknownst to the higher-ups, he kept negotiating. SACRAMENTO, Calif. A former executive with the Sacramento Kings has been sentenced to seven years in prison for stealing millions of dollars from the NBA team, according to the U.S.. The Sacramento Kings announced today that Wes Wilcox, Phil Jabour and Paul Johnson have been added to the team's basketball operations group.