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.
“Until we meet once more…”
In August, O’Neal introduced he was partnering with WynnBet to be a “model ambassador” and “present his experience to WynnBet as a strategic advisor.”
O’Neal, who retired from the NBA in 2011 and was inducted into the Basketball Corridor of Fame in 2016, made the announcement on an evening when one in all his former groups, the Lakers, performed the workforce whose stake he was relinquishing, the Kings.
Sacramento would go on to defeat Los Angeles, 125–116 and transfer to 17–27 on the season.
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