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Sunday, August 18th, 2013 at 12:27 pm  |  10 responses

Golden State Warriors Reportedly Valued at $800 Million


Have a spare $800 million lying around? Well, don’t let that loot just sit there—you could cop the Golden State Warriors! Per ESPN (via EOB), the Dubs’ value has jumped from $450 million in 2010 to $800 million now: “If industry insiders laughed at the $450 million Joe Lacob and Peter Guber paid for the Golden State Warriors in November 2010, one has to wonder what they would think now. Less than three years after the two agreed to pay the highest price ever for an NBA franchise, the team is now valued at $800 million, according to a source with knowledge of the terms. The new valuation comes from the price Silicon Valley venture capitalist Mark Stevens agreed to pay for a share of the team that was made available when former partner Vivek Ranadive had to sell it to buy the Sacramento Kings in May. In a way, Ranadive’s agreement to pay about $550 million for 72 percent of the Kings and their existing arena helped his old partners sell their stake for even more. The $800 million number is still surprising, given that Forbes magazine valued the Warriors in January at $555 million. Warriors spokesman Raymond Ridder declined to comment on the new valuation or the percentage that Stevens bought. Stevens, the managing partner of S-Cubed Capital in Menlo Park, Calif., was presumably not only paying for the present, but also for the future. Last year, the team announced its intention to build a privately funded arena in San Francisco, which is still going through the necessary approvals. If all goes well, the ownership group hopes to have it open in time for the 2017-18 season.”

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  • spit hot fiyah

    and the owners will still complain when it’s time for the next cba to be negotioated. and they will again debo the players

  • The Seed

    Seth Curry becoming a superstar.

  • Greg

    It just comes down to running your team properly. if owners worked on their teams as much as superstar players work on their game, this would be a better league.

  • Ugh

    Get a new assessor.

  • spit hot fiyah

    seth curry is not in the league

  • Teddy-the-Bear

    Class struggle, my friend. They’re aware of their class interests. These multi-millionaire, multi-billionaire f*cks will never be satisfied. The role of these owners in society is to pocket as much as they can from the labor of others. The only reason NBA salaries are so high is because the product they create generates an almost unthinkable amount… Players still aren’t paid anywhere near the level of wealth they create, which is a scary thought because player salaries are already sky high (but peanuts to what these owners get).

  • The Mauve Avenger

    Give him a break, he meant Del Curry.

  • cyxuzoqytowi

    мy coυѕιɴ ιѕ мαĸιɴɢ $51/нoυr oɴlιɴe. υɴeмployed ғor α coυple oғ yeαrѕ αɴd prevιoυѕ yeαr ѕнe ɢoт α $1З619cнecĸ wιтн oɴlιɴe joв ғor α coυple oғ dαyѕ. ѕee мore αт…­ ­ViewMore——————————————&#46qr&#46net/kAgk

    The only reason NBA salaries are so high is because the product they
    create generates an almost unthinkable amount… Players still aren’t
    paid anywhere near the level of wealth they create, which is a scary
    thought because player salaries are already sky high (but peanuts to
    what these owners get).

  • spit hot fiyah

    poor college players

  • JML-G

    pretty sure he meant Eddy Curry – this is a bball talk after all

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