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The NBA Board of Governors unanimously approved the sale of the Sacramento Kings on Tuesday to a group led by TIBCO Software chairman Vivek Ranadive. The league said in a statement that the "transaction is expected to close shortly." After owners blocked the relocation of the franchise to Seattle earlier this month, the Maloof family reached an agreement to sell a 65 per cent controlling interest in the Kings to Ranadives group at a total franchise valuation of $535 million. Ranadive, who will have to sell his minority stake in the Golden State Warriors, becomes the NBAs first Indian-born majority owner. The Sacramento group also includes 24 Hour Fitness founder Mark Mastrov, former Facebook senior executive Chris Kelly and the Jacobs family that owns communications giant Qualcomm. Moments after the league announced the sale was approved, Ranadive thanked owners in a tweet and wrote that it was an honour and a privilege "to be part of such an amazing community." He also updated his Twitter profile to show that he is the owner of the Kings. The vote, which had been expected since owners blocked the move to Seattle on May 15, officially ended an emotional saga that has dragged on since January. And for those in Sacramento, almost a decade of uncertainty involving the Maloof family, who entertained relocations to Anaheim, Calif., Las Vegas and Virginia Beach in recent years. No threat of relocation had been more serious than Seattle. Chris Hansen had a deal with the Maloofs to buy the Kings and rebrand them the SuperSonics, who left Seattle for Oklahoma City in 2008 and were renamed the Thunder. In a 22-8 vote, the Board of Governors rejected that deal, which would have sold a 65 per cent controlling interest at a total franchise valuation of $625 million. Hansen has vowed to continue his fight to bring the NBA back the Pacific Northwest city. The next steps for Ranadive will be figuring out the basketball operations and finalizing the deal for a new arena. He already has been busy helping staff sell season tickets and boost sponsorship. The contract for Kings president of basketball operations Geoff Petrie expires after June 30 and he is not expected to return. Coach Keith Smart is signed through this upcoming season; however, most of his assistants are not. Sacramento Mayor Kevin Johnson -- a former NBA All-Star guard -- got the City Council to approve a non-binding financing plan for a $447 million facility with a $258 million public subsidy. But that deal is still pending environmental and other reviews. Giancarlo Stanton Jersey . Coach Tom Thibodeau says the former MVP will probably start travelling with the team in the next few weeks. Rose tore the meniscus in his right knee at Portland in November and was ruled out for the remainder of the season by the Bulls. Greg Bird Jersey . 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CLEVELAND -- Whether rewatching it on NBA TV or on DVR, or reliving it at parties or on social media, watching the historic Game 7 of the NBA Finals has become a pastime over the past three months in Cleveland. Add in some tearing up at the end of the game when the Cleveland Cavaliers win, even though the outcome is well known.Certainly this is true for Cavs fans, but its also true for the Cavs themselves.The 2016-17 season is officially open, but the Cavs are still savoring their championship, specifically by repeatedly rewatching their historic upset victory in Oakland on June 19. They rewind the Kyrie Irving 3-pointer that broke the tie, they play the LeBron James block of Andre Iguodala in slow motion, and they half laugh, half well up when seeing Kevin Love move his feet like hed never moved them before in defending Steph Curry. And then they tell each other about it.I was rewatching the games and talking to my teammates about it, sending them snapchats of me watching, Irving said. I got chills. My stomach was dropping knowing the ball is going in but knowing exactly, emotionally how I felt at the time. It still gets me excited thinking about it. Its such a huge moment for not only Cleveland but our team, our families, our friends.Irvings face lit up as he talked about it, as if he were reliving a favorite Christmas memory from childhood. It was a shared experience. While not every Cavs player indulged, it became clear throughout the summer that the Cavs wanted to keep clutching the moment.Ive seen it a few times, James said. It was on NBA TV throughout the summer. I watch it from a fans perspective. I see what we couldve done better, but I also watch it for enjoyment, to see those three zeros on the clock.This is a possible pitfall. The NBA is always moving forward, and it can be dangerous to stay in the past. This is commonplace for champs, and it even has a term: championship hangover. But after becoming the first team ever to overcome a 3-1 deficit to win the NBA Finals and following two seasons full of adversity, including injuries and a coaching change, the feeling of satisfaction and relief is still washing over them.As it became popular for fans to rewatch the game over the summer, the players fell into the crowd along with them, still in awe of what happened.ddddddddddddIve watched it over and over, Iman Shumpert said. Oh, it was enjoyable.There are still stories coming out about the remarkable run, adding to the growing lore. This week coach Ty Lue revealed a motivational move after the team won Game 5 to send the series back to Cleveland. He called for every player, coach, trainer, staff member, executive and even owner to pull out $100 and put it into an envelope. When it was all collected, the enveloped contained more than $5,000 in cash. Lue then told everyone theyd get their money back after winning Game 6 and bringing the series back for a Game 7 in Oakland.Team owner Dan Gilbert recorded Lue standing on the desk in the visiting coachs office at Oracle Arena and hiding the cash in the ceiling. It was a trick Lue lifted from Doc Rivers, who collected money from his Boston Celtics players after a Christmas Day loss in Los Angeles to the Lakers in 2009 as incentive for the team to get back to the same Staples Center locker room for the 2010 Finals. Six months later the money was there when the Celtics came back.Some people got it back. Some people didnt, Lue said. We charged $100 for a championship for some guys, and some guys we gave it back. We got it back to the right people. Some of it went toward my fine, too, so I had to keep players money.Lue was fined $25,000 for criticizing officials after Game 4 of the Finals. One of the players who didnt get his $100 bill back