Ron Burkle drops out of Kings bid
SACRAMENTO, Calif. -- Billionaire Ron Burkle will not be part of Sacramento's bid to keep the Kings after all.
Sacramento mayor Kevin Johnson said Monday that a conflict of interest forced Burkle to back out. Instead, Johnson said the Southern California businessman and co-owner of the NHL's Pittsburgh Penguins will focus on the development around a proposed new downtown arena -- and not the arena itself.
Burkle is part-owner of Relativity Sports, which manages some NBA players' ...
Read full story