Nov 2, 2013; Oakland, CA, USA; Sacramento Kings majority owner Vivek Ranadive before the game against the Golden State Warriors at Oracle Arena. Mandatory Credit: Kelley L Cox-USA TODAY Sports

Vivek Ranadive says Sacramento Kings will be worth billions

When Vivek Ranadive purchased the Sacramento Kings from the Maloof family, he knew it was going to be a hefty investment.

Not only did he purchase one of the league’s smaller market teams for a record sum, but he also had to change the culture of the franchise which had become a laughing stock of the NBA.

So far, so good and assuming things continue down the same path, the Sacramento Kings owner believes the team will be worth billions in the next ten years.

Per Forbes:

Sacramento Kings owner Vivek Ranadive is bringing a technological revolution to sports that is going to make his NBA team worth “billions of dollars” within the next decade.

Randadive isn’t a foot stomper, but when he talks, you listen and outside entities are starting to take notice on what he (and the rest of the ownership group) have been able to do with the Kings in such a short amount of time.

You can watch Ranadive talk about his plans to YES Network’s Forbes SportsMoney by clicking here.

Tags: Sacramento Kings Vivek Ranadive

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