SACRAMENTO, Calif. — 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, officially transferring ownership of the NBA franchise. Ranadive's group acquired a 65 percent 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 paid for the Golden State Warriors in 2010.

JONESBORO, Ga. — Former NBA All-Star guard Daron “Mookie” Blaylock was in critical condition at a hospital after his SUV crossed the center line and crashed head-on into a van in suburban Atlanta, fatally injuring a passenger in the van.