If the Sacramento investment group angling to buy the Kings is successful, business magnate Ron Burkle will no longer be a part of team ownership, but the group added another big name today. Sacramento developer Mark Friedman has joined the bid for the Kings, according to Dale Kasler and Ryan Lillis of the Sacramento Bee.
Friedman will be a part of the bid to buy the Kings and build a new arena, as well as participating in the non-arena development that has been proposed for the Downtown Plaza site. He indicated to the Bee that he has been considering joining the bid for some time, having talked to lead investors Mark Mastrov and Vivek Ranadive over the last "couple of months." While Friedman didn't specify how much he's investing in the project, he said his commitment would be "substantial."
We shared a few more of the latest updates on the Kings saga earlier today.