John Rinehart Explained

John Rinehart
Team:Sacramento Kings
Position:President of Business Operations
League:NBA

John Rinehart (born 1970) has been the President of Business Operations for the Sacramento Kings and Golden 1 Center since July 2017.[1] [2] [3] [4] [5]

Early life and career

Rinehart attended Villanova University (1987–91), and earned a Bachelor of Science degree in Accounting.

Before his job with the Kings, Rinehart worked for the Anaheim Angels & Anaheim Ducks (1998–2000) as Director of Finance at Anaheim Sports, and was Manager of Financial Reporting for the San Francisco Giants (1996–98). Before entering the sports profession, Rinehart worked for PricewaterhouseCoopers (1991–96) in San Francisco.[6] [7]

Sacramento Kings

Starting in the 2000-01 season, Rinehart became the chief executive officer.

During this time, Rinehart oversaw the financial accounting and business operations of the Sacramento Kings and Sleep Train Arena. Also, Rinehart was directly involved in the construction of the Kings' new arena. Additionally, Rinehart's duties included contract negotiation, legal issues, partnerships,[8] arena services,[9] player contract compliance, strategic planning, insurance and tax requirements. Arena services included the supervision of the retail sales, human resources, ticket services and box office operations. In his time with the Kings, Rinehart has negotiated agreements on building naming rights, ticketing agreements, debt financing, and cable/radio broadcast contracts such as the Comcast Sports Net deal.

In 2013, Rinehart negotiated the sale of the Kings between the former owner Maloof family and the group led by Vivek Ranadivé. Despite the new ownership, Ranadivé asked Rinehart to remain with the team as EVP of business operations and CFO.[10]

In July 2017, Rinehart was promoted from CFO to president of business operations, following the resignation of president Chris Granger after four years with the team.[11]

See also

List of National Basketball Association team presidents

Notes and References

  1. Web site: John Rinehart Profile. Sacramento Kings.
  2. Web site: Sacramento Kings Open Redesigned and Refreshed Team Store. November 28, 2023.
  3. Web site: Sacramento Kings honor Upstate NY roots with new NBA city edition jerseys. October 23, 2023.
  4. Web site: Kings dedicate basketball court to Sacramento community center. October 31, 2023.
  5. Web site: Sacramento Kings were Inspired by Angels with iconic 'Light The Beam' Ritual. April 18, 2023.
  6. Web site: Reference at www.bizjournals.com.
  7. Web site: The Org Bio for John Rinehart. December 15, 2023.
  8. Web site: Kings Announce Partnership with MEBO International Inc.. December 20, 2018.
  9. Web site: Sacramento Kings announce new era in entertainment. May 15, 2019.
  10. Web site: Sacramento Kings hire NBA exec as president. July 10, 2013.
  11. Web site: Kings president Granger says he's leaving team. June 20, 2017. ESPN.com.