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Scott Ellis 5:15 a.m., Aug. 5
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.
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.
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.
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.