As the person principally responsible for selling associations to these famous athletes, David was a fixture on the event level, too. [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. 60 activities a day, usually cold calls but they allow you to choose what kind of client you reach out to. Jeff volunteers that Golden 1 and Kaiser Permanente, two major sponsors with the Kings, are partners. The most persistent item for debate has been the extent to which this fraud could've happened to any team. IT WAS ONLY one document -- one ordinary little document -- that Stacy Wegzyn had needed from Jeff David. Select the third team from the drop down menu. Jeffery R. David, the former Chef Revenue Officer of the NBA As Wegzyn navigated a morass of files in David's old directory, she hadn't been able to discern an organized system, so she'd had to open things one by one. Get browser notifications for breaking news, live events, and exclusive reporting. She finally learns that there's a freeze on the family account. We asked how much they think the Kings should be charging under these circumstances. Logos were compiled by the amazing SportsLogos.net. The U.S. attorney's office and others in law enforcement praise the Kings for swiftly responding to what Wegzyn uncovered. Prior to Philadelphia, Jabour was a Scout for the Orlando Magic (2012-14) and contributed to collegiate and professional prospect evaluation. With each passing hour, she became increasingly convinced that she was headed down a path that would upend David's life forever. CFOs swap accounts of stress-testing their team's internal checks and balances to protect against potential fraud. Very fast paced and high stress environment. He had launched the first in a series of grifts that would grow from thousands to millions of dollars. "I can't talk about it, but I'm obsessed. Now he had flown his wife and young family on a private charter to Southern California to spend July Fourth at the new four-bedroom house, which was half a mile from an even grander property in Hermosa Beach that Jeff had also purchased. The Kings have been recognized as one of the top 10 most innovative teams and success in this position is enhanced through the use of premium software such as: Dialpad, Clearslide, OneMob, Salesforce, DialSource, ZoomInfo, and Linked-In Sales Navigator, among others. she screams at Jeff, who seems oddly sanguine for a man who suddenly doesn't have the liquidity to order takeout. Director, Basketball Administration, Robbie LemonsSr. What's going on?!". On occasion, Ranadive walked into the building alongside celebrities such as Drake and Jamie Foxx. Jeff retreats to a back bedroom with Sommercamp, who wants Jeff relaxed and comfortable, a willing conversationalist. 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. 2012: Van Wagner fraud "I knew how the Kings operated," David says. So Golden 1 would be getting an invoice for $5.5 million weeks before the payment." The agent gets more specific, probing the mechanics of Sacramento Sports Partners' formation. All content 2000-2023 RealGM, L.L.C. 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. Sacramento Kings Staff & Executives - RealGM Sacramento Kings Staff & Executives Team: Season: Current | Historical View: Person View | Grid View 216 staff members found. LAC (127) vs SAC (128). After three unsuccessful trials, for your security, your access has to be interrupted for 10 minutes. "I wouldn't have been contacting you if the deal was covering their costs," Stone said. 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. 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. The Kings had given David an autonomy he could exploit. 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. 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. Over a nearly four-year stretch in which he was . When Golden 1 remitted its first scheduled annual payment, it did so to SSP -- not the Kings. Shubb, an 81-year-old who has presided on the bench in the Eastern District of California since 1990, expresses deep skepticism over whether David's contention that he planned to pay back the money is plausible. Question, Comment, Feedback, or Correction? Like a bank thief tossing away a dye pack, David reached out to Golden 1 and explained that SSP was the account reserved for finalizing construction of the arena. Jeff David's NBA was awash in wealth, yet in this rarefied air, he was the pauper. Michael McCann Jan. 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. The company owns and manages professional basketball teams and competes in the National Basketball Association as a member of the Western Conference Pacific Division. Per team policy, terms of the deal were not . When Jeff had moved $250,000 of the family's savings into Sacramento Sports Partners, he told Kate the money was for a real estate fund with other investors. When asked whether David's scenario sounds plausible, business operations executives from six NBA teams say they find it far-fetched. ATHERTON, CALIFORNIA, IS the cradle of Silicon Valley, the second-richest ZIP code in the U.S. and the site of Kings managing partner Vivek Ranadive's 2016 Christmas party. (4/20/20), Kings fans came together to show support for frontline health care workers on Wednesday night, which was supposed to be the team's regular-season finale. The former Kings executive reportedly ran a sophisticated money-laundering scheme. It's a schmoozy industry conclave where David had once thrived, and this year he is at the center of attention in absentia. What Wegzyn didn't yet have were whatever contracts David had drawn up to lure Golden 1 and Kaiser Permanente into his scheme. Select the third team from the drop down menu. "No, no, no," Jeff responds. McNair grew up in Oak Park, California, and attended Oak Park High School. Golden 1 Center | 500 David J Stern Walk | Sacramento, CA 95814Phone: 888-91-KINGS, Matina KolokotronisChief Operating Officer, John RinehartPresident, Business Operations, Becky Beland McNaughtSVP, Communications and External Affairs, Fernando VegaVP, A/V & Broadcast Production, Kari IdaVP, Communications and Public Relations, Mike HerreraVP, Corporate Partnership Sales & Service, Kindra Montgomery-BlockVP, Diversity, Inclusion & Social Impact, Maritza DavisVP, Experiences & Social Responsibility, Justin PetkusVP, Ticket Sales & Membership Services, Jason WiseSr. The wild story behind the NBA's most unlikely heist, Morant to miss two games after video with gun, Sixers rally to snap Bucks' 16-game win streak, Curry, Iguodala probable to return vs. Lakers, Sources: Suns hiring Pistons' Bartelstein as CEO, Grizzlies' Clarke tore Achilles, out for season, Kerr touts 5-0 homestand: Dubs 'turned a corner', KD: Mavs tilt, Kyrie meeting 'just another game', Sources: Dragic joining Bucks for rest of season, The paths of KD and Kyrie: How one month changed three franchises and two superstar legacies. Data Provided By He does not believe Jeff is a victim. He recently served as an Analyst for NBA TV and SiriusXM NBA Radio, is a 2001 graduate of Cal-State Fullerton and a native of La Habra, California. The pet stores are closed on Sunday evening, so soon after David mixes three glasses of chocolate milk and prepares breakfast, he corrals the kids into the SUV for a trip to equalize the great goldfish disparity of 2019. "The Greatest Show on Court," none of us would How do you repay money to a team that doesn't know anything has been stolen? "You're probably not going to get that money back," Sommercamp says. Another said David had a casual relationship with the truth, the type of person who claimed, semiseriously, to be the inventor of phrases like "Cali Love. 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. What did you do?! But the people she heard Jeff speaking with about floorings and fixtures weren't their co-investors -- they were brokers and designers consulting with Jeff about how to improve the homes for maximum return. "I'll go to the FBI. What if this is all legit? "Does this have anything to do with those FBI agents today?". The Sacramento Bee's Jason Anderson dove into the Kings' perspective further. Golden 1 Center in Downtown Sacramento Andrew Nixon / Capital Public Radio Paul Elias, Associated Press (AP) A former Sacramento Kings top executive agreed Wednesday to plead guilty to. "Jeff David was a lone operator.". Kate, a chronic worrier about the Davids' growing family, could rest easier knowing he'd secured their future. When asked to recall the last time he spoke with someone from the Kings, though, he neglects to mention the call with Wegzyn on Monday. 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. 496 followers 493 connections. 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). ", Wegzyn presses on. Tools and Resources Used by Real General Managers. It contains the objects of Jeff David's life, all destined for the Davids' new house in the affluent Pinecrest neighborhood. Tools and Resources Used by Real General Managers. - Develop Fan Experience strategy to sell $100k in experiences through the Kings App. "The King's Foundation does a great job right now. Kate toggles over to the family's secondary account at Wells Fargo. On June 8, 1983, an investment group from Sacramento purchased the Kings. 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. Wegzyn was aware of other entities associated with the Kings' basketball and real estate assets, but this one didn't sound familiar. One week after her first foray into David's underworld, Wegzyn had struck the mother lode. "They're not providing any of that. His first opportunity came that year when Van Wagner, a New York-based sports marketing firm, placed a routine call to David. Knowing that this is a draft class where frankly mock drafts change every single day outside of lottery numbers 1-3, Sacramento has an opportunity to find generational talent in a youth like Jaden Ivy, Shadeon Sharpe, and Keegan Murray. Select the second team from the drop down menu. But he had a desire for more. One team president says the franchise initiated a full audit of its operations days after the story became public. Sacramento, California, United States Hand-picked to serve as an executive assistant to the Senior Vice President of Marketing and Chief Technology officer offering administrative leadership. [4], McNair earned a Bachelor of Science degree in computer science from Princeton University in 2006. Jabour comes to Sacramentos front office with 14 years of experience in the league, most recently serving as Director of Scouting for the Philadelphia 76ers where he was heavily involved in day-to-day personnel operations, including talent evaluation, leading intel processes and collaborating with player agents. Former Sacramento Kings executive Jeffrey David was responsible for creating streams of revenue for the team. And it was cold. But on his way out, he had left behind a digital trail. Jul 2019 - Present3 years 9 months. In September, $4.4 million landed in the account of SSP. Jeff explains that he's part of an investor group. The Kings selected Tyrese Haliburton with the 12th pick in the 2020 NBA Draft. 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.. 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. Maybe 2015? 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. 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. What he then did with that money proved far more problematic. Monte McNair is an American sports executive who is the general manager and president of basketball operations for the Sacramento Kings. I'll give it back, and when I do, it'll be OK.". The Sacramento Kings announced today that Wes Wilcox, Phil Jabour and Paul Johnson have been added to the team's basketball operations group. 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. Jeffrey David pleaded guilty earlier this year to . When the session breaks, David's family and friends commiserate with him, but Kate doesn't move. Kevin Arnovitz explains what the possible motivations were for former Kings executive Jeff David siphoning millions of dollars from the team. The San Francisco 49ers today announced a new multi-year broadcast partnership with Sactown Sports 1140AM, the local sports leader for the Sacramento metropolitan area. Wilcox will support General Manager Monte McNair in all facets of front office operations including roster construction, strategy and player evaluation. 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. Use without license or authorization is expressly prohibited. Former Kings Vice Presidents Tom Peterson and Mark Stone said they spoke with other VPs and former owners who, they say, shared their concern. "This is Stacy with the Kings," she told the rep in accounts payable at each organization. "I was just curious what that is and if those are documents that should go to somebody else," Wegzyn says. It was audacious and, in David's mind, airtight. Our reasoning for presenting offensive logos. The team's star, DeMarcus Cousins, earned $17 million. 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 . However, they said that few teams are profitable year to year and they note that many businesses will lose money, along with the state. Though his crime didn't make him a household name, David has become a cautionary tale among NBA front offices afraid they could fall victim to such a scam. Select the players you wish to trade from the rosters below. "It seemed out of sorts from what our morals and core values were," Peterson said. 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. And he becomes emotional when he speaks on his own behalf, pausing to collect himself as he conveys remorse to the court. Sommercamp has questions. She was careful not to reveal her intention, not wanting to alarm either entity. Golden 1 Center | 500 David J Stern Walk | Sacramento, CA 95814. David left for a brief stint with the NBA league office before returning to Sacramento in 2011 as CRO. The Kings have finalized contracts with Doug Christie, Jay Triano and Luke Loucks to be assistant coaches under Mike Brown, writes Jason Anderson of The Sacramento Bee. No alert, no explanation. Jeff assures her they can trash them because the entity isn't around anymore. In June 2015, the Kings and California credit union Golden 1 agreed to a 20-year, $110 million naming rights deal for the team's new arena. 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. But multiple sources who have come through the Kings organization over the past decade say the organization had systemic flaws that left it susceptible during much of David's tenure. Then Sacramento's vice president of corporate partnerships, David feared he'd have to make ends meet as a private sports marketing consultant. Then drop a silly rap lyric about an account.". Across the courtroom, the U.S. attorney's team readies itself to argue that Jeff David should serve nine years in federal prison. The Sacramento Bee was the outlet that published the allegations made by. 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. 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. After restitution is paid to the Kings and other wronged parties, the remaining money goes to an asset forfeiture fund that compensates crime victims. Sacramento Kings [ edit] 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. Multiple sources in Sacramento portray Golden 1 as an institution eager to make a splash in the market it has championed passionately. Could this trade come down to the wire a la Jimmy Butlers exit from Chicago to Minnesota? "That was the tradition of the Kings, and what originally was Arco Arena," Peterson said. The story Jeff David was about to tell his wife -- of a yearslong fraud, of millions of dollars stolen -- was almost too absurd to believe. Her bank accounts had been frozen. To believe that any of 2023's neo-contenders can become bonafide champs over the next few months is to believe that a once-in-a-quarter-century occurrence is about to transpire. Learn more and register, Scores from any date in BAA/NBA or ABA history, Frequently Asked Questions about the NBA, WNBA and Basketball, Basketball-Reference.com Blog and Articles, Subscribe to Stathead Basketball: Get your first month FREE. 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 field hospital for COVID-19 patients. David contends that from the moment he diverted funds from Golden 1 and Kaiser Permanente, he intended to repay the money. / CBS Sacramento. This agent, John Sommercamp, finds Kate and Jeff in the kitchen, where he tells them they might be the victims of fraud. Rich tells Jeff it's imperative that he get legal protection. Kate dials Bank of America, whose reps bounce her around the after-hours customer service labyrinth. 2023 CBS Broadcasting Inc. All Rights Reserved. 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 gregarious, fond of "hugging it out," able to laugh at himself when less extroverted spirits made light of that exuberance. 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. Rich shifts into fix-it mode, calling attorneys he knows back at home in Ohio, leaving messages because it's after midnight on a Tuesday morning. On September 17, 2020, the Sacramento Kings announced the hire of McNair as the general manager and president of basketball operations. (4/8/20), Coronavirus Help: Kings Players To Donate More Than 1,000 Meals To Community, CBS Sacramento, 4/8/20, Kings players have had to stay ready for the return of basketball on their own but that doesn't mean they aren't staying together in other ways. He returns to Columbus, where he, Kate and their three children have relocated to a roomy cluster home not far from where Kate grew up and where most of her family resides. 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. We, however, are providing the use of the team's former practice facility at no cost. Find out more. In doing so, the credit union left itself exposed to a mistake a more sophisticated entity might have avoided thorough due diligence. But unbeknownst to the higher-ups, he kept negotiating. Jeffrey David, 44, the team's former chief revenue officer, pleaded . In the 2021 NBA Draft, McNair and the Kings showed they wanted to improve their defense after having a historically bad defensive year. Warriors-Lakers, 3:30 p.m. (ABC) Nick Cahill / June 24, 2019. Then Sacramento's vice president of corporate . "I'm in really big trouble," Jeff says to Kate's mother, Nancy, and her partner, Rich. Team Names: Peterson was with the organization for 25 years under three different owners. The mutual trust between David and the sponsors was unassailable -- enough to even navigate a snafu that could have derailed his entire scheme. 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. JEFF, KATE AND their families arrive at the U.S. Amidst the discussion around who the Sacramento Kings draft with the No. Bringing decades of experience in sports and government law, community affairs and contract negotiations, Kolokotronis' leadership has been integral to the development of the state-of-the-art, Golden 1 Center as well as its adjacent, $500 million mixed-use development project, Downtown Commons. (4/15/20), A month since the Kings last game, Kings players are still taking action as Richaun Holmes, De'Aaron Fox, Bogdan Bogdanovic and Harrison Barnes are donating 1,000+ meals to local families. Leaving out pertinent facts will be considered a lie. 4 overall pick in the 2022 NBA Draft, the discourse of shopping the pick has been a quiet Plan B that league. The masculine minimalism looked familiar to anyone who has walked into a boutique hotel in the past decade. But it's one that will dictate the rest of Jeff David's life. Sommercamp asks Jeff how he found the money to buy it. CBS13 requested copies of those lease agreements from the state, most of which appear to be for existing medical facilities, but we did not receive a response by our deadline on Thursday. He is an Arizona State University alum (2006) and earned a Masters of International Business from the University of St. Thomas (2007). However, their most notable acquisition this season was signing Russell Westbrook after he was bought out of the final months of his . The previous June, he had purchased a $3.8 million home just blocks from the Pacific Ocean in Manhattan Beach. 2009: David sets up SSP [6], In 2007, McNair joined the Houston Rockets as the basketball operations senior analyst. IN JANUARY 2019, top business-operations executives from the NBA and its 30 franchises congregate in Miami for the league's annual sales and marketing meetings. Join to view profile Sacramento Kings. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. Dec. 2018: David pleads guilty A week after signing the initial monthly rental agreement, with a $2 million maximum, the state signed an amended agreement which increased the maximum payment to $3 million to cover the cost of paying staff wages in addition to utilities. On the flip side of the coin, those young talents can be the fire starters for other key franchises who are on a looking to move up in the draft, specifically the lottery, and give the Kings more stability rather than more super team, just young.. AZ, CO, CT, IL, IN, IA, KS, LA, (select parishes), MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WV, WY, CA-ONT only.Eligibility restrictions apply. "The team almost left the city, and it was the people and companies of Sacramento that kept it there," David says. Fifteen years in Cincinnati. Phone: 888-91-KINGS. Even the head coach pulled in almost $4 million per season. 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. Because the advertising had been purchased by Van Wagner on behalf of Peak Sports, there was no suspicion that a check from Peak hadn't turned up in the accounting department. In December, David pleads guilty to wire fraud and aggravated identity theft charges. No milieu displayed this NBA abundance more than the Lexus Lounge at the Golden 1 Center half an hour before tipoff. That August, the Kings also agreed to a 10-year, $28 million sponsorship deal for their new training facility with Oakland-based nonprofit health care provider Kaiser Permanente. Sacramento Kings, Kansas City Kings, Kansas City-Omaha Kings, Cincinnati Royals, Rochester Royals, Seasons: Knicks-Celtics, 7:30 p.m.
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