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Vivek Ranadive

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Sacramento Kings majority owner Vivek Ranadive, center, applauds after the Sacramento City Council approved a financing plan for a new arena for the Kings NBA basketball team, in Sacramento, Calif., Tuesday, May 20, 2014. The council voted 7-2 on the package that clears the way for construction of a $477 million downtown arena.(AP Photo/Rich Pedroncelli)

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Sacramento Kings majority owner Vivek Ranadive applauds after the Sacramento City Council approved a financing plan for a new arena for the Kings NBA basketball team, in Sacramento, Calif., Tuesday, May 20, 2014. The council voted 7-2 on the package that clears the way for construction of a $477 million downtown arena.(AP Photo/Rich Pedroncelli)

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Sacramento Mayor Kevin Johnson waves to Vivek Ranadive, majority owner of the Sacramento Kings after the Sacramento City Council approved a financing plan for a new arena for the NBA basketball team, in Sacramento, Calif., Tuesday, May 20, 2014. The council voted 7-2 on the package that clears the way for construction of a $477 million downtown arena.(AP Photo/Rich Pedroncelli)

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FILE -- In tis Oct. 30, 2013 file photo, Sacramento Kings majority owner Vivek Ranadive, left, and former NBA center Shaquille O'Neal, a minority owner of the Kings, celebrate after the team defeated the Denver Nuggets 90-88 in an NBA preseason basketball game in Sacramento, Calif. Ranadive, a successful Silicon Valley software pioneer, emerged at the intersection of politics and sports last year as he led a consortium of owners to purchase the Sacramento Kings, becoming the leagues first Indian-American owner.(AP Photo/Rich Pedroncelli, file)

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FILE -- Former San Francisco 49ers running back Roger Craig, left, NBA Hall of Fame guard Chris Mullen, second from left, Sacramento Kings majority owner Vivek Ranadive, third from left and Sacramento Mayor Kevin Johnson, right, pose for a photo before the start of the Kings NBA preseason basketball game against the Los Angeles Clippers in Sacramento, Calif., Monday, Oct. 14, 2013. Ranadive, a successful Silicon Valley software pioneer, emerged at the intersection of politics and sports last year as he led a consortium of owners to purchase the Sacramento Kings, becoming the leagues first Indian-American owner.(AP Photo/Rich Pedroncelli, File)