*From Bloomberg News reporters Giles Turner and Randall Williams:*
A chunk of the Golden State Warriors, the NBA’s most successful team over the past decade, is up for sale, sources say.
A group of minority investors accounting for just over 10% are looking to offload their stake, said the people, who asked not to be identified discussing private information. A potential valuation of $7 billion has been discussed, though one person said there has been push back from investors over such a high figure. Talks are ongoing and sale plans could change, the people said.
A transaction at that mark would make the Warriors one of the world’s most valuable teams in any sport. Only a handful of teams, including the New York Knicks, Dallas Cowboys, Washington Commanders, and Manchester United could rival the Warriors in terms of highest sports valuation.
Wish I could walk in and be like here’s $1000 and become a part owner.
EggsBenny23
$7 billion seems a bit optimistic…
dkong86
That valuation assumes current revenue growth will continue into the future but…do they realize that this is going to crater once Steph is done in a few years? It’s not like GS has some long history as a premium franchise. Before the 2014 time frame, the Warriors had a loyal but SMALL fandom in the Bay. If they start a long rebuild with no clear future HOF level talent (which is a gamble and unlikely in any stretch) it’s likely the bandwagon fans disappear and revenue dips. They have an advantage in having a nice market and an owner willing to spend but as we’ve seen in LA and Brooklyn for long stretches, that doesn’t guarantee success.
Acrobatic-Dog7044
Well when Steph finally retires we’ll see just how much they’re really worth to everyone.
CalmResearch3132
That’s an expensive steak. Inflation needs to be handled quickly!!
tuxedo7777
Bogo?? Buy the Warriors & get Sacramento free??
Mygaffer
I want to a mega wealthy world elite.
myloudassneighbors
Sweet cover image of wizards legend Patrick Baldwin jr.
OuterSunsetsSurfer
Insane the Washington Commanders are worth so much
BUSean
I’d sell the team tomorrow were I looking to sell.
FuckitGimmeSome
“You’re welcome”
– Steph Curry
TroubledMang
Clippers went for 4b a few years ago. Wonder what the Lakers are worth nowadays?
SweatyJonesy
when curry retires that value will be cut in half
NowLoadingReply
Damn, that’s just outside my budget.
Bahamut727
I’ll give you Tim Hardaway jr Maxi Kleber and a 2026 FRP
SnooPineapples6793
What happens to the value when Steph is done and they stink again.
Tomoomba
Unregulated crypto gambling site buying an entire NBA franchise? I’m sure this will go just as well as FTX arena and Crypto.com arena.
PlanktonSemantics
Alright, not my money so what do I care the value?
​
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Less flippantly what does this actually change
allaskew123
Due to looming financial crisis in China, you’re going to get a lot of opportunities to buy into your favorite NBA franchises.
edwardsscreenname
What’s their value when their aged superstar calls it quits and they are out of the playoffs for two consecutive years?
Hopeful-Percentage76
Any chance of lebron making a claim for this franchise?
eexxiitt
Good time for the ownership group to cash out.
WhenItsHalfPastFive
Steph curry turned this franchise from like 400 million to 7 billion. Truly absurd
FragrantWarthog6
A nice 16X ROI for Lacob and the ownership group
inarguablyknarf
Someone told steph they legally can’t pay him what he’s worth as in nomore than his contract, but Steph is responsible for 51% at minimum of that valuation appreciation. So he should really be having a salary of like 500 million per year if he was a majority shareholder.
So yeah, I’d say steph could easily ask for 500 million per year and be deserving of it. Man made them 6.5 billion and also made the league as a whole another couple billion with his face plastered on 1/3rd of all advertising.
But uh yeah, happy for lacob and the owners…yay
altofummuhh
Slightly unrelated tangent but stuff like this makes my heart sink as a Man United fan with the recent reports the Glazers want £10b for the club. Nobody in their right mind would pay that, but those greedy idiots see stuff like this and think that SIX BILLION Great British Pounds for an asset they paid nothing for isn’t enough.
SamVilian1893
New stadium gonna be ruined by San Francisco bs in 3 years this is a loosing deal
Charrbard
NFL is more crazy, Raiders haven’t won crap in 20 years. But post move are valued at 6.2 billion.
someroastedbeef
gsw is for sure giving curry a minority ownership stake and some type of executive level role once he’s done with bball
31 Comments
*From Bloomberg News reporters Giles Turner and Randall Williams:*
A chunk of the Golden State Warriors, the NBA’s most successful team over the past decade, is up for sale, sources say.
A group of minority investors accounting for just over 10% are looking to offload their stake, said the people, who asked not to be identified discussing private information. A potential valuation of $7 billion has been discussed, though one person said there has been push back from investors over such a high figure. Talks are ongoing and sale plans could change, the people said.
A transaction at that mark would make the Warriors one of the world’s most valuable teams in any sport. Only a handful of teams, including the New York Knicks, Dallas Cowboys, Washington Commanders, and Manchester United could rival the Warriors in terms of highest sports valuation.
[***You can read the full story for free, here.***](https://www.bloomberg.com/news/articles/2023-09-22/how-much-are-the-golden-state-warriors-worth-nba-team-could-see-stake-sold)
Wish I could walk in and be like here’s $1000 and become a part owner.
$7 billion seems a bit optimistic…
That valuation assumes current revenue growth will continue into the future but…do they realize that this is going to crater once Steph is done in a few years? It’s not like GS has some long history as a premium franchise. Before the 2014 time frame, the Warriors had a loyal but SMALL fandom in the Bay. If they start a long rebuild with no clear future HOF level talent (which is a gamble and unlikely in any stretch) it’s likely the bandwagon fans disappear and revenue dips. They have an advantage in having a nice market and an owner willing to spend but as we’ve seen in LA and Brooklyn for long stretches, that doesn’t guarantee success.
Well when Steph finally retires we’ll see just how much they’re really worth to everyone.
That’s an expensive steak. Inflation needs to be handled quickly!!
Bogo?? Buy the Warriors & get Sacramento free??
I want to a mega wealthy world elite.
Sweet cover image of wizards legend Patrick Baldwin jr.
Insane the Washington Commanders are worth so much
I’d sell the team tomorrow were I looking to sell.
“You’re welcome”
– Steph Curry
Clippers went for 4b a few years ago. Wonder what the Lakers are worth nowadays?
when curry retires that value will be cut in half
Damn, that’s just outside my budget.
I’ll give you Tim Hardaway jr Maxi Kleber and a 2026 FRP
What happens to the value when Steph is done and they stink again.
Unregulated crypto gambling site buying an entire NBA franchise? I’m sure this will go just as well as FTX arena and Crypto.com arena.
Alright, not my money so what do I care the value?
​
​
Less flippantly what does this actually change
Due to looming financial crisis in China, you’re going to get a lot of opportunities to buy into your favorite NBA franchises.
What’s their value when their aged superstar calls it quits and they are out of the playoffs for two consecutive years?
Any chance of lebron making a claim for this franchise?
Good time for the ownership group to cash out.
Steph curry turned this franchise from like 400 million to 7 billion. Truly absurd
A nice 16X ROI for Lacob and the ownership group
Someone told steph they legally can’t pay him what he’s worth as in nomore than his contract, but Steph is responsible for 51% at minimum of that valuation appreciation. So he should really be having a salary of like 500 million per year if he was a majority shareholder.
So yeah, I’d say steph could easily ask for 500 million per year and be deserving of it. Man made them 6.5 billion and also made the league as a whole another couple billion with his face plastered on 1/3rd of all advertising.
But uh yeah, happy for lacob and the owners…yay
Slightly unrelated tangent but stuff like this makes my heart sink as a Man United fan with the recent reports the Glazers want £10b for the club. Nobody in their right mind would pay that, but those greedy idiots see stuff like this and think that SIX BILLION Great British Pounds for an asset they paid nothing for isn’t enough.
New stadium gonna be ruined by San Francisco bs in 3 years this is a loosing deal
NFL is more crazy, Raiders haven’t won crap in 20 years. But post move are valued at 6.2 billion.
gsw is for sure giving curry a minority ownership stake and some type of executive level role once he’s done with bball
Should they sell before Curry retire, legit