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A new owner is in place. A new coach is on the way. And for the first time in 14 years, Sacramento Kings fans can celebrate a new era. The Maloof family completed the sale of the Kings and Sleep Train Arena to a group led by TIBCO Software chairman Vivek Ranadive on Friday, officially transferring ownership of the NBA franchise. Ranadives group acquired a 65 per cent controlling interest in the team at a total franchise valuation of more than $534 million, topping the NBA record of $450 million that Joe Lacob and Peter Guber bought the Golden State Warriors for in 2010. "We are pleased for both the Maloof family and the Ranadive group, but particularly pleased for the fans of the Kings," NBA Commissioner David Stern said. Brothers George, Joe and Gavin Maloof also released statements thanking NBA owners, Stern and the familys limited partners with the Kings. George Maloof specifically praised Sacramento Mayor Kevin Johnson and the City Council "for their efforts and loyalty to the Sacramento community." Ranadive already has been busy making moves to rebuild the fallen franchise. The Kings have an agreement in place with Warriors assistant Mike Malone to become their head coach, a person familiar with the decision told The Associated Press. The person, speaking on condition of anonymity because they werent authorized to speak publicly, said Malone was Ranadives top choice. Malones hiring officially ends Keith Smarts tenure. Smart took over the Kings for the fired Paul Westphal in January 2012 and had one year remaining on his contract. Ranadive, formerly a minority owner or the Warriors, still has to hire a general manager -- a move that typically comes before finding a coach; the contract for president of basketball operations Geoff Petrie ends June 30. In a statement released through the Kings, Ranadive thanked all involved. "Mayor Kevin Johnson and the leadership group of Sacramento should be commended for their relentless efforts, hard work and tireless drive to keep the Kings in the city where they belong," Ranadive said. "We also extend our thanks to the Maloof Family for their support and co-operation throughout the sale process. Because of their efforts, this team has risen to an impressive legacy, which includes the most passionate fanbase in the NBA. "Again, thank you to Sacramento Kings fans for their unwavering commitment and loyalty to myself and this organization. Without them, this success would not have become a reality. At the end of the day, this team belongs to the people of Sacramento, and our mission is to support them. We are excited to begin the process of building a 21st century franchise that will be a source of pride and excitement for years to come." The sales completion capped a comeback few outside Californias capital city believed would happen. After owners blocked the Maloofs agreement with investor Chris Hansen to buy and relocate the Kings to Seattle earlier in May at a total franchise valuation of $625 million, the family pushed ahead with the "backup offer" to sell the team to Ranadives group. The Sacramento group also includes 24 Hour Fitness founder Mark Mastrov, former Facebook senior executive Chris Kelly and the Jacobs family that owns communications giant Qualcomm. "We congratulate Vivek Ranadive and the entire Sacramento investor group for their willingness to come forward and purchase the franchise for the people of Sacramento. We are confident they will provide the stewardship necessary to continue to guide the organization to successful levels," George Maloof said. The transfer of the team ended the Maloof familys topsy-turvy reign as majority owners of the team. The Kings reached the playoffs for the first seven years under the Maloofs and missed each of the last seven. Sacramento won back-to-back Pacific Division titles in the 2001-02 and 2002-03 seasons, advancing to the 2002 Western Conference finals, when it lost in heartbreaking fashion to the eventual champion Los Angeles Lakers in seven games. After that, the franchise started its slow and painful decline. The Maloofs, once the toast of Californias capital city, fell out of favour with fans. The suburban arena aged rapidly. Ticket sales declined. And the family explored moving the franchise to Las Vegas, Anaheim and Virginia Beach over several years until announcing an agreement with Hansens group in January. Led by Johnson, Sacramento fought back and made it too difficult for NBA owners to allow the Kings to move to Seattle. The mayor, a former NBA All-Star guard, got the Sacramento City Council to approve a non-binding financing plan for a $447 million downtown arena with a $258 million public subsidy. The Maloofs still had to agree to sell the franchise to Ranadives group. And in the end, they did -- after raising the value of the franchise to a record price. "The success of the Sacramento Kings has been due largely in part to the dedication and enthusiasm of our team members, coaches, players, and fans," Joe Maloof said. "Since our family has owned the franchise, the people of Sacramento have warmly brought the Kings into their hearts and for that we will always be grateful. As we look forward to an exciting new chapter in our family business enterprise, we will never forget the people of Sacramento and everything they have done for the Kings organization."Air Max Scontate Online . Collaros, 25, was solid last season, posting a 5-2 record as the starter while incumbent Ricky Ray was injured. Collaros also started Torontos 23-20 regular-season finale loss to Montreal — Ray didnt dress because the Argos had already clinched first in the East Division — but was one of three quarterbacks to play that day. Air Max 95 Outlet Italia . 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Air Max 97 False Come Riconoscerle . -- Derrick Rose shook off poor shooting early to hit clutch shots late and Carlos Boozer had 20 points and 13 rebounds to lead the Chicago Bulls to a 104-95 preseason victory over the Oklahoma City Thunder on Wednesday night.LAGOS DE COVADONGA, Spain -- Nairo Quintana retook the lead of the Spanish Vuelta after leaving his title rivals behind on the final grueling ascent to win Mondays mountainous 10th stage.Chris Froome fell back early on the special category climb to the Lagos de Covadonga summit, but the British rider recovered to finish third behind Robert Gesink.Quintana shook off a fall that tore his shirt early in the stage to win back the red jersey that he conceded to David de la Cruz on Sunday.The Colombian climbing expert won the 188.7-kilometer (117.2-mile) stage from Lugones to its finish in the northern mountains in 4 hours, 50 minutes, 31 seconds. Gesink, who had formed part of an early breakaway, crossed 24 seconds later, just ahead of Froome.Quintana opened up a 57-second advantage over Movistar teammate Alejandro Valverde, with Froome another second behind in third place overall.Lagos de Covadonga, with gradients up to 17 percent, is considered one of the classic and most demanding ascents of the three-week race.I had always dreamed of winning here, Quinttana said.dddddddddddd It fills me with pride to leave my name on this great mountain.Despite having built almost a minutes lead over Froome, Quintana said the three-time Tour de France winner was the man to beat with a time trial, which Froome excels at, still to come.(Froome) is still very close given what is ahead, Quintana said. We will have to keep doing what we are doing to build our lead because he is still the big favorite.While Valverde and Froome stayed within striking distance of Quintana, Alberto Contadors chances of winning a fourth Vuelta took another blow.Contador was the last rider able to stick with Quintana on the final climb, but he faded over the final 4 kilometers (2.4 miles) and finished over a minute behind.The Spaniard entered the day almost two minutes behind, and that deficit grew to almost three minutes. He is fifth, behind Esteban Chaves.Tuesday is the first of two rest days during the grand tour. ' ' '