50 Cent Inks Deal With Sacramento Kings to Become NBA Team's Official Champagne Partner (2024)

50 Centdefinitely understands the power of the dollar. For his latest business move, the music mogul has inked a multi-year deal with the NBA's Sacramento Kings for his wine and spirits company Sire Spirits LLCto become the team's official champagne partner. His G-Unity Foundation will also be working closely with the team.

The Kings announced the deal on Wednesday (July 27) via their website. As the team's official partner, two of the Sire liquor lines,Le Chemin du Roi and Branson Cognac, will be served courtside and at the team's club lounge, Rush, which will be changing names to reflect the partnership. The newly dubbed Rush by Spirits will feature 500 bottles dubbed the Le Chemin du Roi Champagne Wall.

The Sacramento Kings' owner and chairman, Vivek Ranadivé, spoke highly of the partnership, which is a part of the team's effort to support diverse businesses.

"We are thrilled to partner with Curtis and bring Sire Spirits to Golden 1 Center for our fans and guests to enjoy," he said. "This partnership continues the Kings commitment to supporting diverse entrepreneurs and aligns our shared passion for providing youth with the tools and opportunities they need to succeed. I am excited to work together to support the Sacramento community."

The Kings will also be partnering with Fif's G-Unity Foundationto invest in area youth by providing scholarships throughout the season.

"I did this deal after meeting with Vivek Ranadivé and learning how he and the entire Kings organization genuinely shares my philosophy of promoting conscious capitalism," said 50. "I very much look forward to meeting the Kings fans and expanding the reach of my G-Unity Foundation and spirits brands in and around the city of Sacramento."

50 Cent continues to diversity his portfolio. He is currently starring in and producing a new horror film called Skill House.

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50 Cent Inks Deal With Sacramento Kings to Become NBA Team's Official Champagne Partner (2024)

FAQs

50 Cent Inks Deal With Sacramento Kings to Become NBA Team's Official Champagne Partner? ›

With his latest power move, 50 Cent continues to diversify his entrepreneurial portfolio. The rapper and TV executive has inked a multi-year deal with NBA franchise the Sacramento Kings. His wine and spirits company Sire Spirits LLC will serve as the team's official champagne partner, the NBA team announced.

Is 50 Cent a part owner of the Sacramento Kings? ›

It has been a mixture of business and pleasure for 50 Cent, whose real name is Curtis Jackson. Last summer, the Kings signed a multiyear partnership with 50 Cent's premium wine and spirits company Sire Spirits and his charity, the G-Unity Foundation.

Who owns the Kings NBA? ›

Vivek Ranadivé, owner of the National Basketball Association's (NBA) Sacramento Kings, is one of seven bidders in contention to buy the National Hockey League's (NHL) Ottawa Senators, according to The Sacramento Bee.

How is 50 Cent connected to the Sacramento Kings? ›

The Sacramento Kings have a new celebrity on their roster, but it's not someone who can help them on the court. The team announced a new partnership with rapper Curtis “50 Cent” Jackson on Wednesday, centered on the musician and entrepreneur's charity, the G-Unity Foundation, and his wine and spirits business, as well.

Does Shaq still own part of the Kings? ›

Shaquille O'Neal officially sells his stake in Sacramento Kings, walks away from 'our great partnership' Shaquille O'Neal, who became a partial owner of the Sacramento Kings in 2013, announced on social media Wednesday that he has officially sold his interest in the NBA club.

Does the Maloof family still own the Sacramento Kings? ›

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, and George J. Maloof Jr.

How much of the Kings did Shaq own? ›

O'Neal initially joined the ownership group all the way back in 2013, purchasing a less than 5% stake in the team. Aside from his initial purchase back in 2013, it's hard to recall O'Neal ever setting foot in Sacramento or being around key members of the Kings organization.

What company does 50 Cent own? ›

Curtis James Jackson III, known professionally as 50 Cent, is the founder of Sire Spirits, G-Unit Films and Television Inc., G-Unit Records, G-Unit Clothing Company and Cheetah Vision. Mr. Jackson is an award-winning musician, entrepreneur, actor and producer.

What nightclub does 50 Cent own? ›

50 Cent | Drai's Las Vegas Beachclub & Nightclub.

Who owns the rights to 50 Cent's music? ›

UPDATE: Some have suggested that 50 Cent sold his entire music catalog, this isn't true. According to the Wall Street Journal, he did sell the rights to collect royalties from radio play of his music for $6 million, but he maintains full ownership over all his song and album royalties.

What record label does 50 Cent own? ›

G-Unit Records
Founded2003
Founder50 Cent
Distributor(s)Capitol Music Group Interscope Records
GenreHip hop
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