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As reported earlier today, members of La Jolla's billionaire Jacobs family are said by the Sacramento Bee to be among the new owners and leadership of the Sacramento Kings, the city's NBA basketball franchise.

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Family scion Irwin Jacobs, founder of Qualcomm, has long contributed to Democratic causes, including a cool $2 million he gave to a pro-Barack Obama super PAC last year.

But Qualcomm's widely spread lobbying operation also backs Republicans with big money, as reported here last week.

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Irwin's son Paul, reported by the Bee to be a key investor in the new Kings deal, was a major financier of then-GOP Assemblyman Nathan Fletcher in his ill-fated bid for San Diego mayor.

Fletcher was hired by Qualcomm after he left the Assembly last year.

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As reported here over the years, free attendance at Kings games in lobbyists' luxury boxes has long been an accustomed part of life for California legislators of both parties and their staffers.

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Based on a series of renderings just released by the city of Sacramento at this morning's announcement, the party will go on, and soon get a lot nicer under the Jacobs family reign.

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Comments

mindbomber May 17, 2013 @ 7:10 p.m.

Thank you, thank you SD Reader!!!! Thanks to the Reader, I recently had my breasts enlarged to a 38DDD. Some people say that's too big, but hey I get the attention from the men that I have always wanted! I would like to compliment the Reader and their staff for directing me to the right doctor. I'm happy to provide a recommendation should anybody want breasts big enough to suffocate someone.

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Visduh May 18, 2013 @ 7:46 a.m.

Just why mindbomber posted that comment to this blog isn't obvious. There's no connection that I can see. But back to the subject. The Jacobs family is starting to behave just about the way many billionaires do. At first it was the old man giving $100+ million to the symphony. Very cultured and apolitical. He and wife also have bankrolled the La Jolla Music Society. But then he gets into politics and in a very big way, and son Paul does likewise. Now it will be the ultimate ego trip, being owners of an NBA team. The fact that it makes it possible to rub elbows with politicians and play big wheel tells the whole story. The Jacobs family has more wealth than it knows what do with, and probably will get involved in even more bizarre schemes.

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monaghan May 18, 2013 @ 10:33 a.m.

I don't think the Reader's editorial staff gets involved on the advertising side, mindbomber. But it does seem the Jacobs Family has gone the full circuit that Visduh describes: from classy cultural philanthropy to all kinds of politics and finally, that nadir -- professional sports, and in the State Capitol yet. Well, I guess it keeps their kids off the streets.

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