Sacramento Mayor Kevin Johnson will lead a new committee created to find the next leader of the National Basketball Association players’ union, a process that will aim to hire an executive director before next season.
Jimmer Fredette and the Sacramento Kings agreed on a contract buyout, clearing the way for the former first-round draft pick to join a team in contention for the National Basketball Association playoffs as a free agent.
The vice chairman of the Bitcoin Foundation was charged by federal prosecutors with conspiring to launder more than $1 million in the virtual currency, the latest charges tied to the illicit online bazaar Silk Road.
A Seattle-based group led by Valiant Capital founder Chris Hansen raised its bid for the Sacramento Kings by $75 million to $625 million, five days before National Basketball Association team owners vote on whether to approve relocation.
The deadline for the Sacramento Kings to apply to move to Anaheim, California, was extended to May 2 as the National Basketball Association gathers more facts about both locations, NBA Commissioner David Stern said.