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Posts Tagged ‘Ron Burkle.’

Jesse Owens’ 1936 Gold medal sells in online auction for record price

Jesse Owens at 1936 Berlin Olympics (photo by Bundesarchiv, Bild via wikipedia commons)

One of the Olympic gold medals won by Jesse Owens at the 1936 Olympic Games in Berlin was sold for a record $1.4 million in an online auction.

An Ohio State product, Owens won four Gold medals in the German city: 1oo meters, 200 meters, 4 x 100 meter relay and the long jump.

The native of Alabama died at age 66 in 1980.

The online auction ended on Sunday.

SCP Auctions reported that Pittsburgh Penguins co-owner Ron Burkle paid $1,466,574, the highest price for a piece of Olympic memorabilia.

Sacramento group bids to keep NBA’s Kings in town

(courtesy of Sacramento Kings)

The NBA’s Sacramento Kings have been rumored to be up for sale and moving to Seattle.

On Friday, the NBA received an offer from Mark Mastrov, founder of 24 Hour Fitness, and billionaire Ron Burkle, to buy the Kings franchise and keep the team in town.

A few weeks ago, it was reported that a Seattle group had signed an agreement to buy the Kings from the Maloof family.

If the league blocks the deal to move the team to Seattle, which has been wanting the NBA to come back since the SuperSonics moved to Oklahoma City in 2008, the Maloof family would still have to agree to sell the franchise to any buyer they so choose.

The Kings over the years have been a relocating franchise. They started out as the Rochester Royals (1945-1957), the Cincinnati Royals (1957-1972), Kansas City-Omaha Kings (1972-1975), Kansas City Kings (1975-1985) and in Sacramento 1985-to the present time.


Info compiled from Sacramento Kings, NBA, Radio & TV news