NBA news roundup: Chris Mullin joins Sacramento, Jason Kidd buys into Nets ownership

Douglas Jones-US PRESSWIRE

The newest Kings executive, Jason Kidd doing business with Jay Z and more from around the basketball world on Wednesday.

After spending the summer in a senior advisory role with the team, NBA Hall of Famer and former Golden State Warriors GM Chris Mullin will join the Sacramento Kings' front office, ESPN.com's Marc Stein reports. It appears he'll now be working full-time under new GM Pete D'Alessandro.

In a bit of a reunion, Mullin worked with his new boss and current Kings majority owner Vivek Ranadive during his six-year stint as president of basketball operations in Golden State. Mullin gave D'Alessandro his first NBA management gig, while Ranadive was a minority owner in the Warriors before leading a push to buy the Kings this year.

After leaving the Warriors following the 2008-09 season, Mullin stayed away from working with teams for a while. He spent the past few years as an NBA analyst for ESPN before joining Sacramento earlier this summer to provide some experienced leadership, something he'll continue to do in his new role.

Kidd buys Nets shares from Jay Z

Needing to shed his stake in the Brooklyn Nets in order to continue his budding sports agent career, Jay Z appears to have found a ready buyer in the team's coach. As NetsDaily reports, Jason Kidd will be buying half of the famous rapper's minority shares at the affordable price of $500,000.

The league office still needs to approve the deal like any other ownership transfer, but there don't appear to be any glaring issues. A coach owning part of his employer seems like a weird arrangement, but NBA rules only ban active players from purchasing team shares.

You know what this means: we're only one step from coach Mikhail Prokhorov.

Heat players get fitted for championship rings

It may seem like one of the least exciting aspects of winning an NBA title, but Miami Heat players still need to get fitted for their championship rings. That exercise came Wednesday, and Hot Hot Hoops shares a number of videos of the finger-measuring madness.

Watching people play with rings isn't especially exciting, but then there's Shane Battier, who openly wondered which finger to put his newest ring on:

Now he just needs four more and he recreate this photograph.

Channing Frye cleared to return

An enlarged heart nearly ended Phoenix Suns big man Channing Frye's career, but things have turned around. The 30-year-old revealed Wednesday to Bright Side of the Sun that he's been cleared by doctors to return to basketball nearly a year after his first diagnosis came in.

Since a treadmill stress test in September 2012 revealed Frye's ailment, he's been working hard to return to the court. For months, he was limited to simple things like walking, yoga and golf, but he's responded well to increasingly rigorous activities:

"I saw [the doctors] earlier this summer and they said 'you're good', and that I could start to exercise. Saw them a couple months later and 'You're better than what you were'. Not only one doctor, but three other ones, maybe four other ones agree with me."

Recalling the patience of Derrick Rose with his ACL injury, Frye says he wants to be certain he's ready before taking the court. Getting clearance from doctors is certainly a good step, but he refused to put a timeline on his return and wants to avoid any major setbacks. It's likely Frye is ready for the beginning of the season, but he remains a question mark.

Thinking about the Lakers in the post-Jerry Buss era

It's been less than five years since the Los Angeles Lakers' last NBA championship, but fans in Los Angeles are already pondering a startling possibility. As Silver Screen and Roll wonders aloud after a disappointing offseason, "perhaps the Lakers weren't the Lakers anymore ... maybe this franchise is no longer the great franchise it's always been."

Even with a tradition of excellence and one of the greatest players in league history still on the roster, the author asks if we've underestimated the influence of Dr. Jerry Buss, the legendary Lakers owner who passed away last year. Since his children took over the operation, could it possible the team has begun losing its mystique?

The primary reason that anyone has ever believed in the Lakers, whether they knew it or not, was because they believed in Dr. Jerry Buss. Without him, I'm not sure what we're all believing in any more.

It's not all doom and gloom, as the Lakers are still a lucrative cash cow in one of the nation's biggest markets. But with the Clippers making noise, an increasingly rigid CBA and smarter competition, the days of Jerry Buss and the Lakers running all over the league may be a memory.

More from SB Nation NBA:

Source: Jason Kidd buys half of Jay Z’s Nets shares

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Ziller: Michael Beasley is the argument for incentive-based contracts

Channing Frye "cleared by numerous doctors," waiting for Suns' OK

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