Billionaire Burkle, Fitness Tycoon Mastrov Discussing Kings Purchase
Billionaire Ron Burkle and Bay Area investor Mark Mastrov are in serious discussions to team up on a bid to buy the Sacramento Kings and partner with the city of Sacramento on a plan to help finance a new downtown sports arena, The Bee has learned.
A source familiar with the negotiations told The Bee that Burkle and Mastrov are both committed to keeping the team in Sacramento and building the Kings into a contender. The teaming of Burkle and Mastrov is seen by city officials as a "dream team" counter offer to the group that this week agreed to buy the Kings and move the franchise to Seattle, the source said.
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