Shaquille O’Neal officially sells ownership stake in Sacramento Kings

Shaquille O’Neal, who bought a minority ownership stake in the Kings in 2013, has officially offered his curiosity in the workforce, he introduced Wednesday night on social media. 

O’Neal, 49, shared on Twitter that he needed to promote his stake in accordance with NBA guidelines, as he’s pursuing curiosity in the sports activities playing house. 


Because of a brand new enterprise endeavor, I used to be required by NBA guidelines to promote my curiosity in the Sacramento Kings. I wish to thank the followers, the town of Sacramento, Vivek Ranadive and the whole Kings group for our nice partnership. I liked being an proprietor of such a ahead pondering group and I hope to be again sometime,” O’Neal tweeted. “I used to be lucky to have Arctos assist me with this transaction. I am certain they are going to be an incredible associate for Vivek, the Kings and the NBA going ahead.

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