warriors ownership percentages warriors ownership percentages

You see the big picture of what we can be and what we will be, George said. Report: Alex Rodriguezs ticketing startup Jum AFL sews up ten-year Fanatics partnership. in Electrical Engineering and B.A. And just like that, it was on, the most engrossing drama involving the team in years: Who would buy the Warriors? It explains the potential earnings the team will not get the chance to make, and also gave a perspective of how big it is, by relating it to some of their players salaries. It was perhaps the best execution of Chris Cohan's tenure as owner. View the full team roster and stat leaders for the 2022-23 NBA season on CBS Sports. 2023 PitchBook. "It was an auction process, so who knows what really went on," Lacob said after being awarded the team. Subscribe to Stathead Basketball: Get your first month FREEYour All-Access Ticket to the Basketball Reference Database. Master of Business Administration, Stanford University; Masters of Public Health, UCLA; Bachelor of Arts/Science, University of California, Irvine. Personalize which data points you want to see and create visualizations instantly. Lacob joined venture capital firm Kleiner Perkins in 1987 and led investments in over 50 startup companies; he is no longer with the firm. Last year, the Warriors also were in third but checked in at $3.1 billion. In February 2010, Ellison captured the 33rd running of the America's Cup, completing a 10-year personal quest that saw him spend $100 million. According to a report by the New York Post, a group of unidentified owners are hoping to sell their stake for US$200 million in the six-time NBA champions as part of an auction that has already begun. At this point, Ellison and the Lacob/Guber tandem were the two highest bids. 100 Things Warriors Fans Should Know & Do Before They Dieby Danny Leroux covers plenty of the team's recent success with Stephen Curry, Klay Thompson, Draymond Green and Kevin Durant. Hes an ideal fit.. Lacob and Guber are reportedly not part of the group looking to sell. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Palihapitiyas stake in the Warriors is approximately 10 percent. The Golden State Warriors ownership group consists of leaders in a wide variety of fields including: sports, entertainment, e-commerce, mobile technology, communications and venture capital. Do you have a blog? After two games, Kevin Durant looks to be extremely comfortable in the Phoenix Suns' offense. However, it wont be all good news for them should they win in only four games. All Rights Reserved. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The Golden State Warriors make $201 million in revenue a year as a team. WebVisit ESPN to view the Golden State Warriors team stats for the 2022-23 season. Our reasoning for presenting offensive logos. The Warriors are said to have 15 investors in total, including Joe Lacob and Peter Guber, who own 35 per cent and 20 per cent of the team respectively. While Warriors fans waited for a resolution, Lacob and Guber were behind the scenes finalizing the sale of the team. This story has been shared 107,413 times. To which I then said, We're off to see the Oracle.' Although adding another championship to their franchise is a big achievement, they could also lose up to $22 million, according to a piece made by Darren Rovell of ESPN. Going back to 2020, the NBA, MLB, MLS and NHL have changed ownership bylaws to allow private equity funds to invest in sports franchises. The other side of the story? "We did what we felt was right. Do you have a sports website? The Warriors havent laid off or furloughed any employees, and Lacob is investing in technology and testing methods in an attempt to get fans back in Chase Center next season. Stevens has been responsible for numerous, successful Sequoia investments including: Aspect Development, AtWeb, Billpoint, Commquest, Documentum, Mobile Peak, MP3.com, Nvidia, Pixelworks, Quicklogic, Quickturn, Stratum One, Summit Design and Terayon Communications. 530% Size Multiple 219x Median Size Multiple 219x, 100th %ile 0.00x 0.95x. WebForbes released its annual NBA franchise valuations Wednesday, and Golden State now is worth an estimated $3.5 billion. 2021-12-23 21:12:43 GMT+00:00 - Arctos Sports Partners expanded their investment in sports franchise ownership by more than doubling its stake in the Golden State Warriors to 13 percent, Yahoo Sports reported Thursday. Finally, he did. Copyright (c) 2017. How much the Warriors are worth (Forbes estimate) $1.9 billion. The Golden State Warriors ownership group consists of leaders in a wide variety of fields including: sports, entertainment, e-commerce, mobile technology, communications and venture capital. Our reasoning for presenting offensive logos. The Warriors officially announced the sale was complete to Lacob and Guber but the drama was not over. The Golden State Warriors were largely rudderless Businessman Chris Cohan purchased the Golden State Warriors in October 1994 for $130 million, but he didnt enjoy much success on the court. Amazons Daisy Jones & The Six Tops Music And TV Charts, China Aims For Its Gross Domestic Product To Expand Around 5% In 2023, Todays Wordle #624 Hint, Clues And Answer For Sunday, March 5th, UFC 285 Results: Cody Garbrandt Defeats Trevin Jones In Return To The Octagon, The Early Returns Of Kevin Durant In The Phoenix Suns Offense, Desperate Russian Forces Are Sticking 80-Year-Old Naval Guns On 70-Year-Old Armored Tractors, Saturday, March 4. It is also closing in on ownership deals with the Minnesota Wild and Tampa Bay Lightning. Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. The value of the team is up almost tenfold since then, and his 25% stake is worth more than $900 million, net of debt. We have tools and resources that can help you use sports data. Hints and clues to help you with today's Wordle. Other basketball teams too are losing money without attendance at the games and would rather sell stakes than cover losses, sources said. If that happens, I have three options: I could borrow the money, I could sell part of the team or I could do a cash call and me and my partners would have to write checks.. Get the full list, Youre viewing 5 of 14 board members. He beat Ellison. WebGolden State Warriors Signals Growth Rate 0.80% Weekly Growth Weekly Growth 0.80%, 93rd % -35.5%. See here for a complete list of exchanges and delays. The SPORTS REFERENCE and STATHEAD trademarks are owned exclusively by Sports Reference LLC. WebGet the latest official stats for the Golden State Warriors. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Joe Lacob and Peter Guber, the Co-Executive Chairmen of the Golden State Warriors, announced today that longtime Silicon Valley venture capitalist Mark Stevens has purchased the equity interests of the team that were previously held by Vivek Ranadive and joined the teams ownership group as an Executive Board Member. "I'm trying. No part of this excerpt may be reproduced or reprinted without permission in writing from the publisher. The Warriors derive about 80% of their revenue from the Chase Center which the franchise owns with the ability to earn millions more per home game than other teams. Palihapitiyas stake in the Warriors is approximately 10 percent. Follow Danny Leroux on Twitter @DannyLeroux. Previous reports suggested the leagues board of governors has agreed a framework whereby private equity funds and other institutional investors may own up to 20 per cent in a single franchise, and that those entities can own shares in up to five teams. The Warriors have 15 investors total, including Lacobs co-chairman Peter Guber, a Hollywood executive with a 20 percent stake. Mark Stevens Joins Golden State Warriors Ownership Group The Warriors are said to have 15 investors in total, including Joe Lacob and Peter Guber, who own 35 per cent and 20 per cent of the team respectively. By widening the pool of potential buyers, the league is hoping to generate greater competition and, in turn, fuel further rises in team valuations, as well as offering limited partners a way of cashing in on their investments. The up-gunned, tracked MT-LBs are further evidence of the Kremlins worsening equipment crisis as it struggles to make good its losses in Ukraine. Arctos was co-founded by private equity veteran Ian Charles and former MSG CEO David Doc OConnor. They are worth as much as $6.03 billion, according to Sportico. News of Cohan looking to sell his 80 percent stake in the Warriors started in earnest in July 2009. Golden State Warriors, San Francisco Warriors, Philadelphia Warriors, Seasons: 77; He is also a member of the USC Viterbi School of Engineering Board of Councilors, is the founder and chairman of the USC Stevens Center for Innovation, and serves on the Advisory board of the Harvard Business Schools California Research Center. To explore Golden State Warriorss full profile, request access. Owners are looking to recoup money after taking a financial hit in 2020 and projected steep losses for the 2020-21 season, which could be played without fans in attendance. The Warriors have 15 investors total, including Lacobs co-chairman Peter Guber, a Hollywood executive with a 20 percent stake. The Warriors are said to have 15 investors in total, including Joe Lacob and Peter Guber, who own 35 per cent and 20 per cent of the team respectively. We've been in it all the way. The future of this team and franchise is unbelievably promising and Im looking forward to contributing my part to help us achieve our goals.. The Warriors derive about 80% of their revenue from the Chase Center which the franchise owns with the ability to earn millions more per home game than other teams. Lacob was a minority owner of the NBA's Boston Celtics for five years before selling to buy the Warriors. And these tough losses can be lessons learned, just how to close out, we havent done it yet; Nike statement on Ja Morant: We appreciate Jas accountability and that he is taking the time to get the help he needs. In this excerpt, Leroux documents how the sale of the franchise from Chris Cohan to the Joe Lacob-Peter Guber partnership unfolded. Get the full list, Morningstar Institutional Equity Research, Chief Executive Officer, Co-Owner & Co-Executive Chairman, Executive Vice President, Basketball Operations. If the sellers get their $200 million asking price, the team led by star player Steph Curry stands to be the most valuable in the league. Basketball, Books, Chris Cohan, Golden State Warriors, Joe Lacob, Larry Ellison, NBA, Peter Guber, WNBA Star Breanna Stewart Talks NBA 2K22, Her Sneaker Game And Becoming A Mom, 'Let Them Lead' Beloved Fourth-Line Grinder Earns Magical Moment, Denver Educator's Inspiring Work With Black Youth Catches Attention Of Jamal Murray, Nikola Jokic, After Doctors Save Coach's Life From Covid, Players Pay It Forward -- And Earn Special Surprise, Copyright 2023 Sports Media Ventures, Inc. All Rights Reserved, 100 Things Warriors Fans Should Know & Do Before They Die. Twice-champion Tiger Woods was not listed in the field for next week's The Players Championship at TPC Sawgrass in Ponte Vedra Beach, Florida, meaning his next start will likely come at the Masters in April. He was supposed to be vacationing with his fiance, Nicole Curran, but he was down to the final hours before the deadline to finalize the sale. After that process, the most serious bidders would get full access and the ability to kick the tires on the Warriors but still had to finalize their bid without knowing the offer of any other group. Location: San Francisco, California Team Names: Golden State Warriors, San Francisco Warriors, Philadelphia Warriors Seasons: 77; 1946-47 to 2022-23 Record: 2912-3090, .485 W-L% Playoff Appearances: 36 Championships: 7 2023 Forbes Media LLC. About Joe Lacob Joe Lacob led an ownership group that in 2010 paid $450 million for the Golden State Warriors NBA team. Learn more and register, Scores from any date in BAA/NBA or ABA history, Frequently Asked Questions about the NBA, WNBA and Basketball, Basketball-Reference.com Blog and Articles, Subscribe to Stathead Basketball: Get your first month FREE. View the full team roster and stat leaders for the 2022-23 NBA season on CBS Sports. The Warriors are said to have 15 investors in total, including Joe Lacob and Peter Guber, who own 35 per cent and 20 per cent of the team respectively. 413Kx Key Data Points Twitter Followers 5.5k Similarweb Unique Visitors 15.0K Majestic Referring Domains 314 Golden State Warriors Investors And minority investors often pay a discount to the valuation, meaning the price could come down even further. Operator of a sports team intended to participate in basketball matches. All told, sweeping the series in Cleveland and not returning twice to the Bay Area, as the Warriors did last year for Games 5 and 7, would cost the Warriors ownership group more than $22 million.. That's the third-highest mark in the league, trailing only the Knicks ($4 billion) and the Lakers ($3.7 billion). Daniel Gafford left tonights game with an ankle sprain. Russias War On Ukraine: Daily News And Information From Ukraine, Bayern Munich Remain First But Must Switch Off Complacency Ahead Of PSG Fixture, More Ex-British Challenger 2 Tanks Are Bound For Ukraine As London Doubles Its Pledge, How Boston Celtics Head Coach Joe Mazzulla Earned His Title And Extension, Joe Harris May Make History And Other Interesting NBA Stats, 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Weve managed to build a strong and well-rounded ownership group in which each individual contributes to our success, and Mark is no exception. Lacob was in Greece at the time. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. @memgrizz status report, March 5 at @LAClippers: OUT. Warriors ownership group could lose up to $22 million with a sweep of the Finals. Under the guidance of Joe Lacob and Peter Guber, the Warriors have established themselves as a top flight organization in a very short time. All rights reserved. This is a profile preview from the PitchBook Platform. Its why the NBA last week agreed to expand its plan to sell minority stakes in teams to private equity firms beyond Dyal Capital Partners, the firm it initially hand-picked to handle all such sales, sources said. Minority investors in the Golden State Warriors are gearing up to sell a five percent stake in the team amid losses incurred during the pandemic, three sources close to the situation said. The Golden State Warriors were largely rudderless Businessman Chris Cohan purchased the Golden State Warriors in October 1994 for $130 million, but he didnt enjoy much success on the court. A year ago, Forbes valued the team at US$4.3 billion. Sal Galatioto had previously orchestrated the sale of the Phoenix Suns in 2004 for a then-record $401 million and had a similar game plan for the Warriors. NBA.com is part of Warner Media, LLCs Turner Sports & Entertainment Digital Network. The Warriors privately financed a new $1.6 billion arena that opened in September 2019, thus increasing their expenses. Norm Powell (shoulder) remains out. WebGolden State Warriors: Joe Lacob (majority), Peter Guber: GSW Sports LLC 450: 2010: Houston Rockets: Tilman Fertitta: Fertitta Entertainment 2,200: 2017: Indiana Pacers: Herbert Simon: Pacers Sports & Entertainment, Pacers Basketball, LLC 10.5: 1983: Los Angeles Clippers: Steve Ballmer: LAC Basketball Club, Inc. 2,000: 2014: Los Angeles Lakers Join us for a March Madness Webinar on Tuesday, March 7 at 8pm ET. The Golden State Warriors ownership group consists of leaders in a wide variety of fields including: sports, entertainment, e-commerce, mobile technology, communications and venture capital. The company's team participates in different ba, nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Stephen Curry ($11,370,786) Total money all Warriors players made in 2015-2016. Were extremely excited about the addition of Mark to our ownership group, said Lacob. The Warriors have 15 investors total, including Lacobs co-chairman Peter Guber, a Hollywood executive with a 20 percent stake. Published by Triumph Books. Arctos Sports Partners expanded their investment in sports franchise ownership by more than doubling its stake in the Golden State Warriors to 13 percent, Yahoo Sports reported Thursday. the official stats partner of the NBA, NHL and MLB. 3P%:3-Point Field Goal Percentage; FTM:Average Free Throws Made; FTA:Average Free Throws Attempted; How has the Suns' new starting group performed? Ivica Zubac (calf) is questionable for tomorrow. Reflects change since 5 pm ET of prior trading day. WebNBA rumors: Warriors ownership sells five percent stake of team, franchise valued at $5.5 billion shares share tweet pin sms send email 2 years ago via Scott Soshnick @ Sportico in Computer Engineering from USC in 1984 and an MBA from Harvard University in 1989. That process and its success provided fans a glimpse into the relentlessness he would bring to the Warriors, along with endless pockets that could make the Warriors relevant in a changing, more expensive NBA. Per Windhorst, some owners may litigate against insurance companies or sell real estate assets as avenues to earn back cash. Warriors ownership group could lose up to $22 million with a sweep of the Finals. As many as 12 groups made their pitches, according to reports. The Golden State Warriors make $201 million in revenue a year as a team. NBA Commissioner Adam Silver revealed that about 40% of league revenue comes from the gate and arena sponsorships. The Warriors' current total cap hit comes out to $174,189,694 -- the highest of any team in the league -- which includes Shaun Livingston's final dead cap hit of $666,667. On March 22, 2010, the Warriors announced Cohan would be selling the team and had hired Galatioto Sports Partners to execute the sale. Bayern Munich is keeping pace with Borussia Dortmund at the top of the table ahead of the season-defining clash against Paris Saint-Germain on Wednesday. But that was at a time when the team had been posting $109 million in 2019 operating income, according to magazine. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. The Oracle of Delphi. The luxury tax apron for the 2021-22 season is set at $143,002,000. Last year, the Warriors also were in third but checked in at $3.1 billion. By January 2010, billionaire Larry Ellison was sitting courtside at Oracle Arena for the first time, watching LeBron James dominate. Arctos Sports Partners expanded their investment in sports franchise ownership by more than doubling its stake in the Golden State Warriors to 13 percent, Yahoo Sports reported Thursday. Related by education: Stanford University. The Warriors derive about 80% of their revenue from the Chase Center which the franchise owns with the ability to earn millions more per home game than other teams. 3P%:3-Point Field Goal Percentage; FTM:Average Free Throws Made; FTA:Average Free Throws Attempted; If our team was in that situation, we may have to trade players to deal with it.. We've received your submission. The Warriors won three titles during the decade and posted the best record in NBA history during the 2015-16 season with 73 wins. We did our due diligence. 3P%:3-Point Field Goal Percentage; FTM:Average Free Throws Made; FTA:Average Free Throws Attempted; Mark Mastrov, founder of 24 Hour Fitness, immediately went after the notion that Ellison's billions made him the best candidate. Stephen Curry ($11,370,786) Total money all Warriors players made in 2015-2016. Or write about sports? Stevens, who is a part time lecturer at the Stanford Graduate School of Business, earned a B.S. I'm trying," Ellison (who was discussing Oracle's acquisition of Sun Microsystems) replied to an audience member asking about him buying the Warriors. The COVID hit, hurting attendance for all major sporting events. While no price of the deal was reported, the Warriors are one of the most valuable sports franchises in the United States. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The Warriors' current total cap hit comes out to $174,189,694 -- the highest of any team in the league -- which includes Shaun Livingston's final dead cap hit of $666,667. It was perhaps the best execution of Chris Cohan's tenure as owner. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. "In my experience, this is a bit unusual." 530% Size Multiple 219x Median Size Multiple 219x, 100th %ile 0.00x 0.95x. The Warriors have 15 investors total, including Lacobs co-chairman Peter Guber, a Hollywood executive with a 20 percent stake. WebForbes released its annual NBA franchise valuations Wednesday, and Golden State now is worth an estimated $3.5 billion. Stephen Curry ($11,370,786) Total money all Warriors players made in 2015-2016. The private equity firm is buying about five percent of the team, the people said. Question, Comment, Feedback, or Correction? The NBA gets a 25 percent cut of the playoff gate revenue, which means a $3,375,000 chunk would be taken out, but the Warriors are still left with an average of $10,125,000 per game. Joe Mazzulla's transition from interim head coach to the Boston Celtics' full-time leader has gone as smoothly as expected. The Golden State Warriors ownership group, led by Joe Lacob, is considering forming a partnership with investment bank Goldman Sachs to raise up to $25o million in capital to help the organization compensate for lost revenues due to the COVID-19 pandemic. See here for a complete list of exchanges and delays. All rights reserved. However, if the first three games of the series is any indication of how theyll play in Game 4, the Warriors may end the season on Friday, as they have dominated the Cavs and showed they can win on the road. The company's team participates in different basketball tournaments in the United States, as well as offers entertainment for sports lovers, enabling audiences to enjoy their favorite game and cheer for the team they support. About Joe Lacob Joe Lacob led an ownership group that in 2010 paid $450 million for the Golden State Warriors NBA team. How much the Warriors are worth (Forbes estimate) $1.9 billion. It was not until June that it was reported Celtics minority owner Joe Lacob and Mandalay Entertainment CEO Peter Guber were one of the final four. The identity of the sellers remain unclear as that information is usually not unveiled until an auction is done. WebVisit ESPN to view the Golden State Warriors team stats for the 2022-23 season. for seasons prior to 1973-74, Every Sports Reference Social Media Account, Site Last Updated: Saturday, March 4, 6:46PM. That's the third-highest mark in the league, trailing only the Knicks ($4 billion) and the Lakers ($3.7 billion). Top Rumors, Business, Owners, Golden State Warriors, Top Rumors, Paul George, Los Angeles Clippers, Statistics, Kristaps Porzingis, Washington Wizards, Injuries, Suspensions, Brandon Clarke, Dillon Brooks, Ja Morant, Steven Adams, Los Angeles Clippers, Memphis Grizzlies, Injuries, Wes Unseld Jr, Daniel Gafford, Washington Wizards, Injuries, Ivica Zubac, Marcus Morris, Norman Powell, Los Angeles Clippers, Injuries, Aaron Nesmith, Tyrese Haliburton, Chicago Bulls, Indiana Pacers. Get viral NBA graphics, memes, rumors and trending news delivered right to your inbox with the Clutch Newsletter. They were discovered on a tour of the facilities, as was Wall Street financier David Bonderman, head of the fourth group, a week later. With the Golden State Warriors already at the brink of winning their second championship in three years, it is exciting times for the team, their fans and the whole of the Bay Area. Recouping capital would help Golden State cover its expected its $150-plus million payroll, and the franchise is positioned in a way to do this better than others: The Warriors have the ability to raise money that a lot of teams cant, a team president told Windhorst. We present them here for purely educational purposes. According to an anonymous sports banker interviewed by the New York Post, the Warriors true valuation is likely to be about US$4.4 billion today, with the coronavirus pandemic having hit the teams revenues to the extent that they are on pace to lose more than US$70 million this year. Location: San Francisco, California Team Names: Golden State Warriors, San Francisco Warriors, Philadelphia Warriors Seasons: 77; 1946-47 to 2022-23 Record: 2912-3090, .485 W-L% Playoff Appearances: 36 Championships: 7 Sixteen days after his debut at a Warriors game, Ellison confessed during a public event at Oracle headquarters that he was trying to buy the team. Memphis Grizzlies PR: . Our Standards: The Thomson Reuters Trust Principles. The pilot of the helicopter, on his last trip before his union was going on strike, pressured Lacob to get on board but he refused to get off the phone until he got the thumbs-up. Here, Scott and Lauren Neustadter talk about falling in love with Taylor Jenkins Reid's novel. Enjoying SportsPro content? News of Cohan looking to sell his 80 percent stake in the Warriors started in earnest in July 2009. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. A sports banker told The Post he believes the team is now only worth slightly more at about $4.4 billion due to the pandemic. Logos were compiled by the amazing SportsLogos.net. It was perhaps the best execution of Chris Cohan's tenure as owner. This is an incredible opportunity for me, said Stevens. Lacob was on the phone waiting for the official word the deal was done. That works out to $1.7 million earned per game or $49,000 earned by each player per game. I think we wanted it more than the other guys and I think we are more knowledgeable about basketball than all these others guys. WebGolden State Warriors: Joe Lacob (majority), Peter Guber: GSW Sports LLC 450: 2010: Houston Rockets: Tilman Fertitta: Fertitta Entertainment 2,200: 2017: Indiana Pacers: Herbert Simon: Pacers Sports & Entertainment, Pacers Basketball, LLC 10.5: 1983: Los Angeles Clippers: Steve Ballmer: LAC Basketball Club, Inc. 2,000: 2014: Los Angeles Lakers Hayes checked in after not starting the 2nd half because of a hand injury, played 1:34, and checked back out because of his hand. The Warriors' current total cap hit comes out to $174,189,694 -- the highest of any team in the league -- which includes Shaun Livingston's final dead cap hit of $666,667. And if I didn't think so we wouldn't have done this." The irony, right?" The industry leader for online information for tax, accounting and finance professionals. The NBA is said to be relaxing its rules because it is concerned that sky-high franchise valuations are pricing out all but the wealthiest investors, with the average team now estimated to be worth nearly US$2.4 billion. The viewers have also proven that they are still interested in the series despite the dominance of the Dubs, which could mean having millions watching once again. The selling owners are seeking $200 million for their stake, which would give the National Basketball Association team a valuation of $5 billion when factoring in its $800 million in debt. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? Location: San Francisco, California Team Names: Golden State Warriors, San Francisco Warriors, Philadelphia Warriors Seasons: 77; 1946-47 to 2022-23 Record: 2912-3090, .485 W-L% Playoff Appearances: 36 Championships: 7 But the money is hardly something to sneeze at., In fact, a Game 5 in Oakland alone comes close to paying Steph Currys salary for the entire 2016-17 season: $12.1 million. Arctos, which includes former Madison Square Garden CEO David O'Connor as a founder, also has a stake in the Sacramento Kings, and Fenway Sports Group, which owns the Boston Red Sox, Pittsburgh Penguins and Liverpool FC. The luxury tax apron for the 2021-22 season is set at $143,002,000. Arctos Sports Partners is buying a minority stake in the Golden State Warriors in a deal that values the NBA team at roughly $5.5 billion, It is believed to be the first private equity investment in an NBA team since the league loosened its rules to allow institutional investors.