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Warriors sale approved, becomes official

Nov 12, 2010, 3:19 PM EDT

Image (1) warriors_logo_classic.jpg for post 2295

In practice, the changes were already underway with the Warriors — Don Nelson was out, Keith Smart was in. A lineup of only shooters was being replaced by grittier, more physical players.

But now the change in ownership that precipitated all of that is official — Joseph Lacob and Peter Guber have been unanimously approved as owners of Golden State by the 29 other owners the league announced. Meaning the Chris Cohan era is over. All over the Bay Area, champagne corks just popped.

“We are delighted to welcome Joe Lacob and Peter Guber as majority owners of the Warriors,” said NBA Commissioner David Stern in a released statement. “Their commitment to the community, strong ownership group and business acumen will benefit the Warriors and their passionate fans both on and off the court.”

Lacob had been a minority owner with the Celtics but sold those shares to get the Warriors.

Lacob and Guber promise to be more hands-on than Cohan, and more committed to winning — the Warriors have been to the playoffs once in the last 16 years. The Clippers have been more (twice, but still). It is a franchise in need of a change of culture, and now that can begin in earnest.

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