Report: 10 percent stake of Kings going up for sale

If you'd like to join majority owner Vivek Ranadive - and larger-than-life minority owner Shaquille O'Neal - on the Sacramento Kings' ownership group, now's your chance.

An unidentified minority owner is reportedly looking to sell a 10 percent stake in the Kings, according to Bloomberg's Scott Soshnick.

Be forewarned: Based on recent valuations of NBA franchises, owning even a small slice of the organization will cost a king's ransom.

Earlier this summer, the Houston Rockets' worth was effectively set at $2.2 billion after being sold to restaurateur Tilman Fertitta. Then, just this past Friday, e-commerce mogul Joseph Tsai reportedly reached an agreement to buy 49 percent of the Brooklyn Nets at a $2.3-billion valuation; the Alibaba co-founder is said to have an option to complete full ownership of the team in four years.

Ranadive bought 65 percent of the Kings from the Maloof family in 2013 at a then-NBA-record $534-million valuation. In the years since, the league's stature and revenue have both skyrocketed, making NBA ownership one of the hottest games in town for billionaires.

While Sacramento is not considered one of the most valuable franchises in the league, the days of sub-billion team valuations appear to be a dwindling. Even a 10 percent stake in the Kings will likely cost a prospective suitor well over $100 million. In February, Forbes gave the Kings a $1.1-billion valuation, but the reported figures from the respective Rockets and Nets sales suggest that estimate may be very conservative.