Report: Shaquille O'Neal sells Kings ownership stake

NBA Legend Shaquille O’Neal officially sells his ownership stake in the Sacramento Kings. 

O’Neal announced via Twitter post on Wednesday his intentions to leave the Kings organization, expressing his gratitude to the franchise, the city and its fans for a wonderful partnership for the past nine years. Per ESPN, O’Neal is eyeing a new career in the sports gambling world and has to leave the team based on the league rules. 

O’Neal bought a minority stake in the Kings way back in 2013, believing that the team has a “new vision.”

The all-time great center and Los Angeles Lakers icon had a fair share of memorable battles with the powerhouse Sac-town squad in the early 2000s during his playing days, most notably the hard-fought, yet controversial 2002 Western Conference Finals series 

The Kings recently picked up their second-straight dub against the Lakers, 125-116, behind the 29-point output of De’Aaron Fox. 

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