Ron Burkle pulls out of Sacramento ownership group

USA TODAY Sports

There's been a minor change in the ownership group vying to keep the Kings in Sacramento.

The ownership group that intends to purchase the Sacramento Kings and prevent the franchise's move to Seattle will no longer include billionaire Ron Burkle, according to Dale Kasler and Ryan Lillis of the Sacramento Bee.

Burkle will still be involved in the process of keeping the Kings in Sacramento as he leads the push for a new arena at Downtown Plaza. It was previously expected that he would also purchase a small stake in the team along with other investors, but that won't be the case even if the team's bid to stay in Sacramento succeeds.

The report mentions a potential conflict of interest that arose during meetings with NBA executives last week.

Burkle has partial ownership of a firm, Relativity Sports, that manages the careers of professional athletes. Boasting clients such as NBA stars Amar'e Stoudemire and Joe Johnson, some league executives expressed concern that Burkle being part of Kings ownership could be an issue.

Without his investment, the new Kings ownership would be controlled by Mark Mastrov, Vivek Ranadive and the Jacobs family. It doesn't appear his departure will have much bearing on whether the team stays in Sacramento or not.

More from SB Nation:

The Knicks have rediscovered themselves

Who belongs in the NBA MVP conversation?

The Lakers might actually not make it

Shane Battier predicts female players in NBA

Surveying the East's lottery teams

Complete Hall of Fame coverage

In This Article

Teams
Players
X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.