We knew it since last August, but Shaquille O’Neal formalized the thing last night on his Twitter account: minority shareholder of the Kings since 2013, the Shaq has indeed sold his shares in the club.
Become an ambassador of an online betting company, the former pivot of the Lakers was forced to sell his shares since the NBA prohibits any conflict of interest of this kind.
“As a result of one of my new business ventures, I was forced by NBA rules to sell my shares in the Sacramento Kings. I want to thank the fans, the city of Sacramento, Vivek Ranadive and the entire Kings franchise for a great partnership ” he writes on social media. “I have loved being part of such a visionary franchise owner group and hope to return one of these days. I was lucky enough to count on Arctos to help me with this transaction. I’m sure they’ll be a great partner for Vivek, the Kings and the NBA in the future. See you next time. «
In this new adventure with the betting site WynnBet, Shaquille O’Neal will be at the center of an upcoming advertising campaign as well as a game called “ShaqPot” but also podcasts recorded in Las Vegas.