A person familiar with the deal says the Maloof family has reached an agreement with a Sacramento group headed by TIBCO software tycoon Vivek Ranadive to sell a 65 percent controlling interest in the Kings at a total franchise valuation of $535 million.
http://www.knoxnews.com/news/2013/may/17/ap-source-maloofs-reach-agreement-to-sell-kings/
http://www.knoxnews.com/news/2013/may/17/ap-source-maloofs-reach-agreement-to-sell-kings/
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