American billionaire businessman; owner of the Chicago Bulls and Chicago White Sox
The Bulls have confirmed the death of Stacey King, 59, a former player and longtime broadcaster. King died Sunday; cause of death has not been disclosed. ESPN Chicago reports a possible fatal fall at his River Forest home. King helped Chicago win three titles and later became a beloved voice in Bulls broadcasts.
The Walmart heir Lukas Walton and his wife have acquired a minority stake in the Chicago Bulls and the United Center, with the Reinsdorf and Wirtz families retaining controlling ownership. The deal values and stake size were not disclosed, but reports indicate a roughly 10% share for the Waltons. The transaction includes part of the United Center, home to the Bulls and the Blackhawks, and follows previous private equity moves into NBA teams.