OT: GSW's Sold For $450 Million

Post #1 » by **BigSlam** » Thu Jul 15, 2010 6:30 pm

How much did Jordan pay for upwards of 80% of the Bobcats? Something like $250-$300 million?

Post #2 » by **fatlever** » Thu Jul 15, 2010 6:41 pm

glad to have new ownership in bay area. last owner sucked.

Post #3 » by **BigSlam** » Thu Jul 15, 2010 6:57 pm

fatlever wrote:glad to have new ownership in bay area. last owner sucked.

Now all they have to do is get rid of their mental coach...........

Post #4 » by **BigSlam** » Thu Jul 15, 2010 7:00 pm

How does this sale and it's price reflect on what MJ paid for the Bobcats though?

To me it looks like MJ made a good purchase?

Rich4114 · Post #5 » by **Rich4114** » Thu Jul 15, 2010 7:11 pm

Wow, the Oracle guy got outbid by a cool 40+ Million. Looks like Mandalay Bay now owns the Warriors. Might they be on the move to Vegas?????

Rich4114 · Post #6 » by **Rich4114** » Thu Jul 15, 2010 7:12 pm

The Las Vegas Hangovers?

Las Vegas Pager Friendly Basketball?

Las Vegas Bookies?

Battery · Post #7 » by **Battery** » Thu Jul 15, 2010 7:58 pm

BigSlam wrote:How does this sale and it's price reflect on what MJ paid for the Bobcats though?

To me it looks like MJ made a good purchase?

To me it doesn't because of all that debt MJ took on. Also, the Warriors have a much bigger following than us right now and the Oracle Arena is almost always sold out. Being in the Bay Area helps a lot too.

Post #8 » by **fatlever** » Thu Jul 15, 2010 8:38 pm

i cant see the warriors moving. they are in a great city, with a great fanbase and a great arena.

they just need to ax nellie.

doc.end · Post #9 » by **doc.end** » Thu Jul 15, 2010 9:07 pm

Rich4114 wrote:The Las Vegas Hangovers?

Las Vegas Pager Friendly Basketball?

Las Vegas Bookies?

Walkers?

SWedd523 · Post #10 » by **SWedd523** » Thu Jul 15, 2010 9:39 pm

Los Vegas Hookers?

Los Vegas Donaghys?

Los Vegas Craps?

freakon0mics · Post #11 » by **freakon0mics** » Thu Jul 15, 2010 11:03 pm

The league is run by money and Golden State is backed up with plenty. I can see them wheeling and dealing the next couple of years to get players around Steph Curry.

Rich4114 · Post #12 » by **Rich4114** » Thu Jul 15, 2010 11:16 pm

I'd be pumped to have a corporation like that own my team. They're going to spend the most to put the best people in charge.

That being said, I guess the Clippers should really just move to Vegas instead. Or perhaps Sacramento (are they getting their arena?)

dc · Post #13 » by dc » Fri Jul 16, 2010 12:34 am

Rich4114 wrote:Wow, the Oracle guy got outbid by a cool 40+ Million. Looks like Mandalay Bay now owns the Warriors. Might they be on the move to Vegas?????

The minority owner (Peter Gruber) is chairman of Mandalay Entertainment.

Mandalay Bay is a casino/resort in Vegas owned and operated by MGM Inc. Mandalay Bay and Mandalay Entertainment have nothing to do with each other.

And besides, the reason someone's paying $450M for the poorly performing franchise known as the Golden State Warriors is because of the highly lucrative market and fanbase the team operates in. It's certainly not because of the way the team has performed or because they have Lebron or Kobe on the team.

So nobody is going to pay that much for a bad team in a great market so that they can take that bad team and move them to a completely unknown/unproven market where most of the people are Lakers fans, anyways.

doc.end · Post #14 » by **doc.end** » Fri Jul 16, 2010 3:14 am

We should just deal with them till they will have a more competent front office. Rob them while you still can and run away.

chyau.00 · Post #15 » by **chyau.00** » Fri Jul 16, 2010 4:26 am

Las Vegas BlackJacks

Las Vegas Pokers

Tupik · Post #16 » by **Tupik** » Fri Jul 16, 2010 3:24 pm

They'd have to be really dumb to not fire Don Nelson. New logo, new ownership, they have to get a new coach.

W_HAMILTON · Post #17 » by **W_HAMILTON** » Fri Jul 16, 2010 4:07 pm

The Golden State run and gun becomes the Las Vegas gun and run.

Ba-dum-bum.

hotrod · Post #18 » by **hotrod** » Fri Jul 16, 2010 5:25 pm

In a major upset, Oracle CEO Larry Ellison is not the new owner of the Golden State Warriors. That title goes to Joseph Lacob. As Bay Area News Group previously reported, Lacob, currently part owner of the Boston Celtics, is the winning bidder. Ellison, though, claims that he submitted a higher bid. "Although I was the highest bidder, Chris Cohan decided to sell to someone else," Ellison said in a statement released by a spokeswoman at his company, Oracle. "In my experience, this is a bit unusual." Oakland Tribune

Read more: http://www.insidehoops.com/nba_rumors.s ... z0trpMUfhU