Shaq and J-Kidd Are Now Team ‘Owners’, But Do They Really Own Anything?

Shaq and J-Kidd Are Now Team ‘Owners’, But Do They Really Own Anything?

  Yesterday, the new majority ownership group of the Sacramento Kings announced that Shaquille O’Neal was a contributor to their group, and therefore, a minority owner. The group, headed by TIBCO Software CEO Vivek Ranadive, bought a 65% stake in the franchise, which has been valued by the NBA at $535 million. Therefore, we can […]

Miami Vice: The Heat Sign Michael Beasley

Miami Vice: The Heat Sign Michael Beasley

  Michael Beasley is taking his talents to South Beach. But the Miami Heat are hoping that he doesn’t also take his proclivity for Cheech & Chong impressions. By signing the former number-two pick—still only 24 years old—to a non-guaranteed, one-year contract, the Heat continued their offseason of low-risk, potentially high-reward moves. Since arriving in […]