Shaquille O’Neal made a big announcement on Wednesday night regarding his ownership stake in the Sacramento Kings.
O’Neal has been a minority owner of the Kings since 2013. His partial ownership of the franchise was surprising at the time considering O’Neal had a big beef with the Kings since they were rivals of his Los Angeles Lakers during his playing career.
But O’Neal’s ownership of the Kings has ended.
The Hall of Famer announced that he has sold his ownership stake to comply with NBA rules.
