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The Maloof family said in a statement that they had agreed to sell the team to a Seattle group led by investor Chris Hansen, but the deal was pending approval by the NBA Board of Governors. The sale would have been for 65% of the franchise and based upon a $525 million valuation, with the new owners expected to relocate the franchise to Seattle ...
The Maloof family owned the NBA's Houston Rockets from 1979 to 1982, and the Rockets made the NBA Finals in 1981 before the team was sold to Charlie Thomas in 1982. The family also owned the Sacramento Kings from 1998 until 2013. The Maloofs acquired a minority interest in the Kings in 1998 and took majority control the following year, with Joe ...
The Palms experienced financial difficulty during the Great Recession, and was sold in 2011, to Texas Pacific Group and Leonard Green & Partners. The Maloof family retained a two-percent interest in the Palms. A $50 million renovation took place in 2012, to help reinvigorate the resort's popularity.
In January 2013, a group led by Hansen reached an agreement to buy the Sacramento Kings and relocate the team to Seattle.But on April 29, 2013, the NBA's relocation committee unanimously recommended that NBA owners reject the application to move the team, which had been submitted by the Maloof family, the owners at the time, on Hansen's behalf.
Maloof was a full-time Real Housewives of Beverly Hills cast member from seasons 1 through 3. After leaving the show, she and Nassif filed for divorce in July 2012. After leaving the show, she and ...
Adrienne Maloof is an empty nester — and she’s not happy about it.. The Real Housewives of Beverly Hills alum, 63, opened up about living alone now that her three adult children are out of the ...
Maloof family: $1.3 billion Lebanon United States: 20: Jacques Saadé: $1.2 billion Lebanon France. 21 Said Khoury: $1.2 billion Lebanon Greece: 22 Philippe Jabre: $1.15 billion Lebanon Switzerland: 23 Thomas J. Barrack: $1.1 billion Lebanon United States: 24: Fred Mouawad: $1.1 billion Lebanon France: 25 Paul Orfalea: $1 billion Lebanon United ...
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