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Shaquille O'Neal Finalizes The Sale Of His Ownership Stake In The Sacramento Kings

After all of the speculation, Shaquille O’Neal has officially sold his minority ownership stake of the Sacramento Kings. The basketball legend-turned-investor made the announcement on his Twitter page. . @SacramentoKings @Vivek All love…✌🏿👑 #Shaqramento — SHAQ (@SHAQ) January 13, 2022 “As a result of a new business endeavor, I was required by NBA rules to sell my interest in the Sacramento Kings. I want to thank the fans, the city of Sacramento, Vivek Ranadive and the entire Kings organization for our great partnership. I loved being an owner of such a forward-thinking organization and I hope to be back someday,” O’Neal shared in a statement via Twitter. “I was fortunate to have Arctos help me with this transaction. I’m sure they will be a great partner for Vivek, the Kings, and the NBA going forward. Till we meet again…” According to Sports Illustrated, Shaquille O’Neal purchased a share of the Kings back in 2013. However, it’s unclear how much the sale of...