Maloof brothers financial troubles
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In nine years of ownership, the Maloof family has guided the Sacramento Kings and Monarchs as well as ARCO Arena to unparalleled heights. Under the family�s leadership, the Kings and Monarchs have advanced to the NBA and WNBA Playoffs, respectively, and produced entertaining basketball that has been seen throughout the world. The Kings have recorded 50-plus regular season victories five times, won back-to-back Pacific Division titles in 2001-02 and 2002-03, and advanced to the 2002 Western Conference Finals. The Monarchs won the 2005 WNBA Championship and were the Western Conference champions in 2006.
Even more impressive than the company�s competitive accomplishments has been Maloof Sports & Entertainment�s significant impact within the community. The Maloof family�s business philosophy strongly incorporates the idea of making a meaningful difference in the lives of families in need and at risk in the Sacramento region by working to advance the cause of literacy in the region through the donation of Kings Reading and Learning Centers. In just nine years, Maloof Spo
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Maloof family
Business family
The Maloof family is a prominent American family based in Las Vegas, Nevada, who are owners of numerous business properties in the Western United States. The original spelling of the family name is Maalouf. The family is of Lebanese descent via their paternal grandfather.
Originally from New Mexico, the family's success began with the distribution rights for Coors Brewing Company in the Southwest region of the US in 1937. The Maloofs were the owners of the Sacramento Kings of the National Basketball Association (NBA) from 1998 until 2013 and are minority owners of the Vegas Golden Knights of the National Hockey League (NHL). Notable family members include George J. Maloof Sr., Adrienne Maloof, George J. Maloof Jr., and Phillip Maloof.
Sports
Basketball
The Maloof family owned the NBA's Houston Rockets from 1979 to 1982, and the Rockets made the NBA Finals in 1981 before the team was sold to Charlie Thomas in 1982.
The family also owned the Sacramento Kings from 1998 until 2013. The Maloofs acquired a minority interest in
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Samuel Solomon Maloof
| Birth date: 01-23-1916 |
| Date of death: 05-21-2009 |
| Country of origin: United States |
| Primary Occupation: Woodworker |
| Secondary Occupation: Designer |
| Spouse(s): Alfreda Louise Ward (1948–1998;her death), Beverly Wingate Maloof (2001–2009;his death) |
Sam was born in Chino, California, to the east of Los Angeles. Chino was a farming community where market gardens and citrus groves flourished. Sam's father, Slimen Nasif Nadir Maloof, and mother, Anisse, had arrived in the US from Lebanon, then a region of the Ottoman Empire, in 1905. The family entered through Ellis Island, New York, and crossed the country to California, where Nasif's sister, Holla, had a store in Santa Barbara. Nasif peddled vegetables and dry goods from a horse-drawn carriage; Anisse sold her handmade lace, embroidered linens and crochet work from it. Sam's love of craftsmanship drew from his early admiration of his mother's skills, and he took much pride in his Lebanese heritage and extended family.
He learned to speak Spanish from a Mexican housekeeper
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