The team's new vice president of security operations, Dave Thomas, spent nearly 30 years in law enforcement with the FBI and Secret Service. [11], In October 2020, McNair hired three employees to his front office: former Hawks GM Wes Wilcox as assistant GM, former 76ers director of scouting Phil Jabour as VP of player personnel, and OKC Blue assistant GM Paul Johnson as director of basketball operations. Prior to Philadelphia, Jabour was a Scout for the Orlando Magic (2012-14) and contributed to collegiate and professional prospect evaluation. Motivated by such prospects, he'd set up a private entity -- Sacramento Sports Partners. And after two stints with the Kings spanning more than a decade -- while helping secure hundreds of millions of dollars in arena sponsorships for the team -- he has joined one of the NBA's most respected organizations in an appealing, sun-drenched market. Jeff explains that he's part of an investor group. [12][13] The group will join Ken Catanella, who remains with the team as an assistant GM. Also, she wondered, why would a business whose name suggests it's an arm of the Kings write off a golf cart at a beach house near Los Angeles? A spokesperson noted that CBS13 has covered many of their efforts to give back and pointed to several examples of our own coverage ranging from a story about joint effort with the 49ers to donate face coverings for health care providers, to a story about donations of food and money from the Kings players themselves. Very fast paced and high stress environment. Raptors-Clippers, 10 p.m. *All times Eastern. The former Kings executive reportedly ran a sophisticated money-laundering scheme. Our reasoning for presenting offensive logos. Sacramento took Keegan Murray at No. In his five years in Houston, he served in a variety of scouting roles including Director of Scouting with NBA G Leagues Rio Grande Valley Vipers (2009-11). "You have to put on real clothes, dude," he tells his 5-year-old son, who finds the proposition that he can't wear pajamas to a suburban shopping mall entirely unconvincing. $500,000 a month to rent the shuttered Sleep Train Arena, most of which appear to be for existing medical facilities, Public File for KMAX-TV / Good Day Sacramento. Questions raged about how a credit union tasked with protecting the savings of teachers and a health care nonprofit could be snookered out of millions by a single individual. Confirm that your trade proposal is valid according to the NBA collective bargaining agreement. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. Mike Brown, left, the new head coach of the NBA Sacramento Kings basketball team poses for a photo with Kings general manager Monte McNair, right, in Sacramento, Calif., Tuesday, June 21, 2022. Logos were compiled by the amazing SportsLogos.net. On Thursday, when the Kings were mining their network for additional evidence, a folder named "660" was uncovered -- 660 J Street was a temporary home of the team's business operations during construction of the new arena. 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According to Mike Scotto of HoopsHype, executives around the NBA are looking to teams like the Kings as well as the Portland Trail Blazers to shop their picks for quality players that can help their franchises win now: Sacramento already has DeAaron Fox and Davion Mitchell as part of their core for the future, with Donte DiVincenzo set to enter restricted free agency with a $6.61 million qualifying offer. It had to be a hard decision. The same . THE MOVING VAN from Sacramento chokes its way through Miami's thick August air. "The team almost left the city, and it was the people and companies of Sacramento that kept it there," David says. Call 1-800-GAMBLER. "It was particularly difficult for us because we had previously been witnesses to many occasions on which his strong moral compass was in clear view in far less profound situations," she says. [15] Dr. A's weekly risers and fallers: Jeremy Sochan, Christian Wood make the list, NBA Power Rankings: Kevin Durant's return could rock the West, Inside the NBA's silent tension surrounding Daryl Morey, From the archives: How former ref Tim Donaghy conspired to fix NBA games, in a Kings organization often beset by palace intrigue, stay of execution that had wrested the team back from Seattle in 2013, Supplemental Privacy Policy for Singapore. Jeff arrived at the soiree with Kate, who found the whole affair conspicuous, a bit ridiculous, a different kind of life. David had answered the unsolicited call from Van Wagner, so no one else with the Kings would have had knowledge of the discussion. McNair was then promoted to director of basketball operations in 2013, VP of basketball operations in 2016, and assistant GM in 2018. Later on, she found a $9 million deposit from Golden 1. Wilcox joins the Kings organization with nearly 20 years of experience in the NBA, including serving as General Manager (2015-17) and Assistant General Manager (2012-15) of the Atlanta Hawks. Account Executive at Sacramento Kings Sacramento, California, United States. ", "Theagreement has also enabled over 100 part-time Kings team members (i.e. "You know what you did. Watch on ESPN+. Amidst the discussion around who the Sacramento Kings draft with the No. Golden 1 and Kaiser Permanente wired millions to an entity they hadn't vetted without asking David to loop in his legal and finance counterparts. Sommercamp asks Jeff how he found the money to buy it. Ap/Jevone Moore Earlier this month, the NBA fined Sacramento Kings assistant general manager Wes Wilcox $15,000 for confronting personnel at the scorer's table. A year earlier, Jeff had purchased an $8 million home in Hermosa Beach, 20 miles southwest of Los Angeles. Terms at draftkings.com/sportsbook. "I'll go to the FBI. Kate, a chronic worrier about the Davids' growing family, could rest easier knowing he'd secured their future. Now he was a part of the action with his most wealthy counterparts, demonstrating to himself that he could succeed at the art of investment. Jeff explains -- the visit from the FBI earlier in the day, the full breadth of the scam. IT WAS ONLY one document -- one ordinary little document -- that Stacy Wegzyn had needed from Jeff David. He says he had the mechanics worked out: On July 1, 2026, the Kings would be expecting $5.5 million (per the original payment schedule). They estimate that the Kings are profiting hundreds of thousands of dollars a month as, in their estimate, the cost to run the shuttered facility is a small fraction of what the state is paying to rent it. tenants renting space in the building or revenue from the parking lots) as a result of the surge hospital.". Flipping these valuable properties -- funded by his pilfering -- gave him that chance. "The King's Foundation does a great job right now. Follow game Los Angeles Clippers vs Sacramento Kings live coverage, stream information, score online, prediction, TV channel, lineups preview, start date and result updates of the NBA on March 3rd . Report this profile . She discovered that David had applied for mortgages and included a bank statement to a lender that showed a $4.4 million deposit from Kaiser Permanente. Peterson was with the organization for 25 years under three different owners. Wilcox will serve as Assistant General Manager, Jabour as Vice President of Player Personnel and Johnson as Director of Basketball Operations and General Manager of the teams G League affiliate, the Stockton Kings. There's no real cost to them," Stone said. He says he believes that the Kings' finance department wouldn't have a concern that the $5.5 million had arrived in two payments as long as the full amount was present. The Kings had missed the postseason for the past 14 consecutive seasons going back to 2006 - the longest active drought and one shy of the NBA record held by the Buffalo/San Diego/Los Angeles Clippers. ESPN Daily Podcast: Inside the great NBA heist. When asked whether David's scenario sounds plausible, business operations executives from six NBA teams say they find it far-fetched. Starting with the 2023-24 NFL season, all preseason and regular season 49ers games will be radio broadcast by Sactown Sports for the Sacramento Faithful. It, too, is frozen. Among the weak links, they say, was the Kings' finance department. 2012: Van Wagner fraud she screams at Jeff, who seems oddly sanguine for a man who suddenly doesn't have the liquidity to order takeout. The Kings, by contrast, are struggling to convince rival teams that . He has an adoring wife of almost 10 years, three healthy children. The team gave nearly 3,000 pounds of food to the Sacramento County Office of Education and Sacramento Food Bank. Copyright 2000-2023 Sports Reference LLC. Wilcox began his career in the NBA as an intern (2001-02) with the Miami Heat in their scouting and video department, before becoming a Video Coordinator with the New Orleans Hornets in 2002-03. From the front row of the gallery, she stares into the distance. All the money's there. It's not going to be a big deal.". SACRAMENTO (CBS13) Former Sacramento Kings executives say they are shocked that the organization is charging the state $500,000 a month to rent the shuttered Sleep Train Arena to be used as a. Gambling problem? Very fast paced and high stress environment. It's a schmoozy industry conclave where David had once thrived, and this year he is at the center of attention in absentia. If he knows that -- or senses it -- he doesn't let on. Director, Basketball Administration, Robbie LemonsSr. "He'd open meetings with 'It's Money Monday!' Our intent was, and is, to continue to use our platform for good and to help support our community. During this extended playoff drought, the Kings had 10 different head coaches. Or write about sports? In the following weeks, attempting to make restitution to the parties he victimized, he boldly pitches the prosecutors on the idea that he could help sell the properties based on his expertise and knowledge of the market. Just as Wegzyn returned to the office on Tuesday, confirmation arrived from Golden 1: It had sent a $9 million payment to SSP. He pulls out the business card Sommercamp handed him when Jeff walked the agent out the door -- after telling Sommercamp that he'd be more comfortable continuing the conversation once he consulted an attorney. After former Kings GM Vlade Divac, Kings assistant GM Peja Stojakovic, and Stockton Kings GM Anthony McClishand stepped down in late 2020, the Kings organization made Joe Dumars their interim executive vice president of basketball operations. Officials from Golden 1, Kaiser Permanente and Van Wagner declined to comment. "That explanation rings hollow for me," Stone said. All rights reserved. In August 2018, the Kings' senior vice president of human resources had been looking for a copy of a commission structure to build out the corporate sales team. Sacramento's also failed to field a league-average defense even once since Adelman. 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And now, after her husband has confessed to a monstrous fraud, her mother sits beside her and extends an arm, but she is virtually unresponsive. Anderson, the government's lead attorney at sentencing, lends no credence to David's unrelenting claim that he intended to compensate the Kings, and takes issue with the premise that David committed one or two indiscreet actions. David left for a brief stint with the NBA league office before returning to Sacramento in 2011 as CRO. Everyone will get their money back, and it'll be OK. Current heads of basketball operations in the, Note: Those listed here hold one or more of the titles, "Rockets' Monte McNair Hired as Kings' Head of Basketball Operations", "Kings Name Monte McNair General Manager", "Monte McNair - General Manager, Basketball Operations at Sacramento Kings", "Local chatter: Oak Park grad Monte McNair returns west as Sacramento Kings general manager", "Kings GM Candidate Profile: Monte McNair", "Rockets VP Monte McNair on expectations, fit, today's NBA", "Kings Hire Monte McNair As Head Of Basketball Operations", "Kings assistant GM Peja Stojakovic step down after Vlade Divac leaves", "Kings Part Ways With G League GM Anthony McClish", "Sacramento Kings interview Denver Nuggets' Calvin Booth for GM opening", "Kings GM Monte McNair hires Wes Wilcox, Phil Jabour, Paul Johnson to fill out front office", "76ers' Phil Jabour Joins Sacramento Kings' Front Office", "Kings Exercise Option on Tyrese Haliburton", https://en.wikipedia.org/w/index.php?title=Monte_McNair&oldid=1135505392, National Basketball Association general managers, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, President of basketball operations, general manager, This page was last edited on 25 January 2023, at 01:44. "The alternate care facility is capable of housing up to 400 beds approx. So Golden 1 would be getting an invoice for $5.5 million weeks before the payment." The cash used in the purchases was almost entirely the millions sent to Jeff by Golden 1 and Kaiser Permanente. Golden 1 Center | 500 David J Stern Walk | Sacramento, CA 95814. He tries to establish a personal rapport with the government's lawyers, but few professions are more impervious to a salesman's charm than that of government lawyer. "Let's close some phone numbers" in David-speak meant he wanted the Kings' sales team to craft some seven-digit sponsorship agreements. "Does this have anything to do with those FBI agents today?". Account Executive (Former Employee) - Sacramento, CA - October 2, 2017 Indeed Featured review Great place to work if you truly enjoy meeting new people and building relationships! NBA.com is part of Warner Media, LLCs Turner Sports & Entertainment Digital Network. Watch on ESPN+, Follow Zion, Ja, RJ, De'Andre, Coby and more top rooks as they balance basketball and life during an exciting NBA season. As Rich pleads with Jeff, Kate rouses from her trance, shock replaced by resignation. And he becomes emotional when he speaks on his own behalf, pausing to collect himself as he conveys remorse to the court. SACRAMENTO, Calif. (CN) - Capping a corporate embezzlement scheme executed inside the headquarters of a major sports franchise, a federal judge on Monday sentenced a former Sacramento Kings executive to seven years in prison for a series of white-collar crimes. The Kings take issue with this characterization. The longer Jeff believes the inquiry is about the title company, the more likely it is that Sommercamp can extract the details he wants. He was bright and self-motivated, with a keen understanding of the industry -- not a man in need of micromanaging.The NBA on ESPN and the ESPN AppSunday The U.S. attorney's office and others in law enforcement praise the Kings for swiftly responding to what Wegzyn uncovered. Kaiser agreed, and on Aug. 19, 2015, David invoiced the company on Sacramento Kings letterhead, payable not to the Kings but to his SSP account. "We are always happy . Sacramento Kings Vice President of Basketball Operations and General Manager Vlade Divac today named Dave Joerger as the team's new head coach. It contains the objects of Jeff David's life, all destined for the Davids' new house in the affluent Pinecrest neighborhood. The reality is there are only four real contenders. "I've got something really crazy going on at work," she said. Still, Peterson and Stone don't think the Kings should be allowed to profit off the pandemic. "That was a man, this is taking me back. David told his bosses that the Kaiser deal wouldn't include one, a condition they could live with given their satisfaction with the $28 million haul and the lengthy negotiation, according to David. The fine line between young talent and win-now veterans will be Monte McNairs delicate dance. Johnson joins the Kings basketball operations department with seven years of NBA experience, most recently serving as the Assistant General Manager of the NBA G Leagues Oklahoma City Blue. The SPORTS REFERENCE and STATHEAD trademarks are owned exclusively by Sports Reference LLC. A year later, David reached back out to Bland to inquire whether her offer for an upfront payment still stood. Former Sacramento Kings executive Jeffrey David submitted a letter seeking leniency last week, ahead of his sentencing in connection with a case where he stole money intended for team. The party, say sources with knowledge of the event, cost between $150,000 and $200,000. The team's star, DeMarcus Cousins, earned $17 million. Wegzyn was aware of other entities associated with the Kings' basketball and real estate assets, but this one didn't sound familiar. When Governor Newsom first announced the Kings offered Sleep Train Arena to help house an expected surge of coronavirus patients, Peterson and Stone were not surprised. Jeff's mother-in-law and her partner had arrived the previous night to help wrangle the kids while Jeff and his wife, Kate, led their family from their rental home in Coconut Grove. Wilcox will support General Manager Monte McNair in all facets of front office operations including roster construction, strategy and player evaluation. Jeffery R. David, the former Chef Revenue Officer of the NBA David's lawyers counter that their client has cooperated fully and presents little risk of recidivism. As someone who owned rental properties, the table of depreciating items looked familiar in its contents -- furniture, a golf cart -- but the name of the entity in question was odd: Sacramento Sports Partners LLC. engineers, janitors, food service workers and security officers) to return to work who were previously unable to work due tothestate-mandated closure of Golden 1 Center. David now lives at the Federal Correctional Institution in Morgantown, West Virginia, where pleasures are smaller and infrequent. Per team policy, terms of the agreements were not disclosed. I'll be up soon.". Her bank accounts had been frozen. SACRAMENTO, Calif. A former executive with the Sacramento Kings has been sentenced to seven years in prison for stealing millions of dollars from the NBA team, according to the U.S.. The Detroit Pistons (15-48) play against the Cleveland Cavaliers (39-26) at Rocket Mortgage FieldHouse Live Stream: fuboTV (Watch for free) NBA League Pass: The most live games plus NBA TV. - Develop Fan Experience strategy to sell $100k in experiences through the Kings App. Sacramento Kings forward Richaun Holmes sued the Sacramento Bee's parent company, McClatchy Co., and Bee opinion writer Robin Epley for defamation over articles that included Mr. Holmes's. Select the third team from the drop down menu. Jeff retreats to a back bedroom with Sommercamp, who wants Jeff relaxed and comfortable, a willing conversationalist. Kate grasps for any theory, speculating that the agents might have been con artists posing as Feds to fleece the family. Then drop a silly rap lyric about an account.". She asks Jeff whether the documents contain anything that anyone with the Kings needs to see. Select the players you wish to trade from the rosters below. She searched David's emails for any connection to the address in Manhattan Beach or Sacramento Sports Partners. Unlike Golden 1's advance of $9 million, which produced annual shortfalls later in the deal, Kaiser Permanente's $4.4 upfront payment created no missing money. The cash went straight to David without the Kings knowing it existed. However, the former VPs point out that the state is paying for those employees on top of the $500,000 rent. "I think you're making too much of this," Jeff says. Kate toggles over to the family's secondary account at Wells Fargo. Former Sacramento Kings executive Greg Van . Three takeaways from Kings 123-117 win against Thunder, Three takeaways from Kings 124-115 win over Oklahoma City Thunder, Kings waive KZ Okpala, sign PJ Dozier for the rest of the season, 5 takeaways from the Kings beating the Clippers in the second-highest scoring NBA game ever, 3 takeaways from Sacramentos 133-116 win over the Portland Trail Blazers. She finally learns that there's a freeze on the family account. Former Kings Vice Presidents Tom Peterson and Mark Stone said they spoke with other VPs and former owners who, they say, shared their concern. Blake knew that Quick's contract, the huge 10-year deal he signed after winning the Conn Smythe Trophy in 2012, didn't have a no-trade clause in it. Here, they begin with a directive to David: "Anytime you want to confer with your lawyers privately, we're happy to step out of the room," says Assistant U.S. Attorney Michael D. Anderson. Sixteen years of failure have given the Sacramento Kings ample time to amass a stunning record of futility spanning two ownership groups, four general managers, 11 coaches, countless players. "I knew how the Kings operated," David says. He spent the 2015-16 NBA season stealing more money than most Kings players earned on the court. But I care less what has happened to me and I care more about making sure I've done the right thing for the people I've offended and I've hurt.". In doing so, the credit union left itself exposed to a mistake a more sophisticated entity might have avoided thorough due diligence. These three executives join Chief Strategy Officer Joe Dumars, Assistant General Manager Ken Catanella, Vice President of Athlete Health and Performance Teena Murray and Vice President of Kings Academy and Professional Development Galen Duncan in rounding out McNairs management team. It's not uncommon in the NBA for one franchise to buy assets from another -- suites, signage, logo rights -- to construct a multimarket agreement for a corporate sponsor. When the FBI arrived Wednesday afternoon, the Kings were armed with troves of documents unearthed and organized by Wegzyn -- a binder with all the correspondence, the tax documents, the bank statements, anything she could get her hands on. We expect you to tell us everything you know, and if you plan to do anything apart from that, let's go our separate ways, because lying is worse than telling us nothing at all.". Partners in the Kings' ownership group arrived to games via private jet from one of their multiple homes, while others showed up in limousines or $100,000 sports cars. He had launched the first in a series of grifts that would grow from thousands to millions of dollars. Before that, he served as a Referee Operations Analyst at the NBA league office (2013-15). the official stats partner of the NBA, NHL and MLB. . What's going on?!". In scouring David's correspondences, it appeared as if he'd been working to sell one of the properties. Grizzlies-Clippers, 10 p.m.Wednesday We're going through an audit, and I'd like to see if you can send me a list of all payments made to my organization over the last five years.". Suns-Mavericks, 1 p.m. (ABC) Then Sacramento's vice president of corporate . Now, in the wee hours of Wednesday morning, Wegzyn's husband, Mark, found her sitting at her kitchen table, hunched over her laptop. Here is the full list of the CBS13 stories cited by the Kings: The NBA 2K League is set to start on May 5 as teams will compete remotely due to COVID-19. What did you do?! Stacy and Mark bid schmaltzy parental farewells to their daughter, whom they settled at school, then reversed course back to Sacramento. "We're going to lose everything.". Former Sacramento Kings executive Jeffrey David was sentenced to seven years in prison on Monday after he pleaded guilty to embezzling more than $13 million from the team's sponsorship deals . 60 activities a day, usually cold calls but they allow you to choose what kind of client you reach out to. He has six months before returning to Sacramento for sentencing. Does Jeff truly believe that the only item on his to-do list is restitution? This meant that one of his three kids was deprived of the innocent pleasure of toting home and choosing a name for this shiny, breathing doubloon swimming around in a plastic bag. All content 2000-2023 RealGM, L.L.C. 2016: Purchases beach homes Later that Wednesday, Wegzyn reached out to Golden 1 and Kaiser Permanente to learn more. He says he's investigating a real estate title company. Sacramento Kings Executives Location: Sacramento, California Team Names: Sacramento Kings, Kansas City Kings, Kansas City-Omaha Kings, Cincinnati Royals, Rochester Royals Seasons: 75; 1948-49 to 2022-23 Record: 2689-3212, .456 W-L% Playoff Appearances: 29 Championships: 1 Sacramento Kings Franchise Index Year-by-Year Stats Basic Stats Team Stats 1,001-5,000 employees Headquarters Sacramento, CA Type Privately Held Founded 1985 Locations Primary 500 David J Stern Walk Sacramento, CA 95814, US Get directions Employees at Sacramento. LAC (127) vs SAC (128). [5] From 2006 to 2007, he was a sports programmer and researcher at STATS LLC. It is July 2018, and much of David's family is on hand to help with the move. 4 overall pick in the 2022 NBA Draft, the discourse of shopping the pick has been a quiet Plan B that league executives say might be closer to the clipboard than the Kingdom knows. Federal prosecutors in Sacramento, California, on Wednesday filed charges and a plea agreement signed by former chief revenue officer Jeffrey David admitting to forging the team president's signature to divert sponsorship payments to a bank account he controlled. Data Provided By McNair grew up in Oak Park, California, and attended Oak Park High School. We are not making it all up in our heads, thinking well of Kris Dunn because we want to: he has real talents to bring, and a body that for the time being will allow him to use them. Like most, they thought that the Kings were donating the shuttered arena to the state for free. Kevin Durant, Kyrie Irving, Karl-Anthony Towns, Kawhi Leonard, Anthony Davis and Brandon Ingram will play outsized roles in how their respective teams close the season. Get the latest news and information for the Sacramento Kings. Though his wife and in-laws still believe he's a good man, David won't enjoy their devotion in close proximity, except as official visitation rules permit. 2015-16: Golden 1, Kaiser frauds "We went back to bed at 4 in the morning, and I said, 'I don't think he really gets it,'" Rich says nearly a year later. Choose at least two teams from the menus below to start your trade. He joined the Cavaliers in 2003 and held the roles of Advance Scout, College Scout, Pro Personnel Scout and Assistant Coach, prior to his promotion to Director of Player Personnel. They said several other former VPs & owners were in agreement that if the Kings weren't going to donate the facility, they shouldn't be charging more than their cost. BACK IN COCONUT Grove, in the living room of the house that Jeff and Kate had been renting, Kate lies shivering in a ball on the couch. Select the players you wish to trade from the rosters below. He planned to rent these investment properties, but in the meantime, his young family could bask in the warm glow of one of L.A.'s most appealing coastal towns. The NBA announced on Thursday that it's fining the Kings $50,000 . "It seems to come down to around 20- or $25,000 a month," Stone said. Given the team's near departure from Sacramento numerous times over the previous few years -- including the stay of execution that had wrested the team back from Seattle in 2013 -- the Kings saw large-scale sponsorship deals as more than just an opportunity to cash some checks. January 24, 2022 12:01am A Sacramento Kings executive was fined by the NBA for in-game actions, raising a complicated legal question.