Sacramento Kings acquire controlling interest in Reno Bighorns
The NBA Development League and the Sacramento Kings announced that the team has acquired a controlling interest in the D-League’s Reno Bighorns. With the purchase, the Kings become the 15th NBA team to own and operate its NBA D-League affiliate.
“With today’s purchase, half of NBA teams now own and operate their NBA D-League affiliate — an important milestone that proves how essential developing top young NBA talent has become,” said NBA D-League President Malcolm Turner in press release. “I’m thrilled to welcome Vivek Ranadivé and the Sacramento Kings’ ownership group to the NBA D-League family and want to thank Herb Santos for his integral role in Bighorns basketball.”
Longstanding partners, the Bighorns and Kings have been affiliated since the 2008-09 season, Reno’s inaugural NBA D-League campaign. Prior to the 2013-14 season, the teams entered into a single-affiliation partnership, with the NBA franchise managing basketball operations for the NBA D-League club. With today’s purchase, the Kings will now assume all business operations of the Bighorns.
“We’re excited to deepen our relationship with the Bighorns and the Reno/Tahoe community,” said Kings owner and chairman Vivek Ranadivé. “This is an incredible opportunity to develop players, front-office staff and future business executives for the Sacramento Kings, while simultaneously contributing meaningfully to the Reno entertainment, commercial and non-profit ecosystem.”
Five current Kings have NBA D-League experience. Additionally, head coach Dave Joerger and assistant coaches Bryan Gates and Duane Ticknor all made the jump to the NBA coaching ranks following stints on NBA D-League benches.
“It has been a tremendous honor and privilege to grow basketball and provide family-friendly entertainment in the Reno community over the past five years,” said Bighorns minority owner Herb Santos. “I cannot thank everyone enough for the years of support and look forward to continuing to cheer for the Bighorns alongside each of you.”
On Nov. 2, the Kings will join the Bighorns for a Celebration Day featuring Kings talent in order to give fans in Reno an opportunity to connect directly with the Sacramento organization. Those interested in purchasing a season-ticket membership can sign up on the priority list at RenoBighorns.com/membership or by calling 888-91-KINGS to have first shot at securing seats before they go on sale to the public on Nov. 2.
Holiday Inn Club Vacations Inc. — which earlier this year purchased 1862 David Walley Hot Springs just south of Genoa — announced this week it has acquired The Ridge Resorts at Lake Tahoe.