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Golden State down to two bidders for franchise, ownership change can't happen soon enough

Jul 12, 2010, 11:15 AM EDT

Thumbnail image for New Warriors Logo.jpgAnthony Morrow is being allowed to walk to New Jersey. Anthony Randolph will not be back next year, shipped out as part of a deal for the much more expensive David Lee (who had said he was excited by playing with Morrow, sorry man).

It’s hard to understand exactly what the grand plan is of the current ownership of the Golden State Warriors. Fortunately that time seems to be coming to an end soon.

Two finalists have emerged as the leaders to buy the franchise, according to the Oakland Tribune. Final changes to sale agreement are being done and a winning bidder could be in place by August, a new owner by the start of the season.

Which matters. The new owner (whoever it is) will bring in a new front office, a new coach and a new system. Getting that in place matters — it’s impossible to build a team without knowing how they are going to play. It leads to odd decisions, or moves just to save cash. There is still a good young core in Golden State — Stephen Curry, Monta Ellis, now Lee and good role players like Reggie Williams — but they need to start building toward something specific.

What we don’t know is who the final two bidders are. We do know the final four: the favorite has to be Oracle billionaire Larry Ellison, who has teamed with the existing minority owners of the Warriors; there is one led by Mark Mastrov, the founder of 24-Hour Fitness; a group with Wall Street financier David Bonderman at the head; and one led by Peter Guber, the chairman of the Mandalay Bay Entertainment Group.

  1. D - Jul 12, 2010 at 11:50 AM

    One of the final two bidders is supposedly Mastrov. The other is unknown, but I think we can make a pretty accurate guess as to who it is.

  2. Randall - Jul 12, 2010 at 12:36 PM

    I look forward to Mr. Ellison’s reign of benevolence. This will be more than addition-by-subtraction; he seems to give a p00p AND has a clue. Plus he can afford to throw mad cash around, which is very beneficial if done correctly.

  3. N - Jul 12, 2010 at 1:24 PM

    Please let one of the finalist be Larry Ellison!

  4. poorwarriors - Jul 12, 2010 at 5:30 PM

    I don’t think they are going to give the franchise to Ellison. I believe that the NBA wants to move the Warriors to Vegas. That makes the new owner the chairman of the Mandalay Bay Entertainment Group. Why else would the NBA let the Thunder steal the Warriors mascot and then have very similar jerseys, same font and orange, just a different blue.

  5. Nyk - Jul 12, 2010 at 8:10 PM

    If you knew anything about basketball, specifically the Warriors you would know they aren’t moving to vegas. The decision to create or move any team to Vegas was eliminated when they had the All Star game there a few years back and brought more murders and crimes than that town had seen the whole year. Plus the warriors are one of the few teams that actually make a profit, and moving them to a struggling town like Vegas in this economy would never fly with David Stern. Not to mention the new logo.

  6. Randall - Jul 13, 2010 at 12:15 AM

    1-Won’t happen til Vegas takes the NBA off its books.
    2-Won’t be the Warriors, they have a good thing going.
    3-Might be Sacramento, since the owners are already established in Vegas.

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