A 10 percent stake of the Sacramento Kings is being made available by one of their minority owners.
The Kings were valued at $1.1 billion in February, but the Houston Rockets have since been sold for $2.2 billion, which was 33 percent more than Forbes' estimate.
Vivek Ranadive is the team’s managing partner. The other sizable stakeholders are Qualcomm Inc. Chairman Paul Jacobs and Raj Bhathal, founder of swimwear company RAJ Swim.
The Kings have done well financially since moving into their new arena last season.
