Lacob and Guber are reportedly not part of the group looking to sell. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. People may receive compensation for some links to products and services on this website. Of all the things I care about, yes, it is below my line.. The NBA team is valued at about $5.5 billion . Like Sportscasting on Facebook. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Now Palihapitiya has announced in a Twitter post that he has sold his remaining two per cent stake following Arctos Sports Partners move to increase its slice of the Warriors. The US State Department estimates as many as two million Uyghurs and other ethnic and religious minorities have been detained in internment camps in Chinas Xinjiang region since 2017. Coming in at No. How much would it cost to buy the Warriors? However, what I can tell you is that Xinjiang affairs are purely Chinas internal affairs, and we will never tolerate any external interference.. Market Realist is a registered trademark. I care about climate change. C Chris Cohan F Jim Fitzgerald G Eddie Gottlieb Peter Guber L Joe Lacob M Franklin Mieuli R Vivek Ranadiv S Mark Stevens (venture capitalist) Freedom has also raised awareness to Chinas treatment of Tibet, Taiwan and Hong Kong, and has more recently called for a boycott of the 2022 Beijing Winter Olympic Games in protest. That particular black owner is none other than sports legend, Michael Jordan who is the principal owner of the Charlotte Hornets. A striking Thursday report from ProPublica on how billionaire sports owners are able to use their teams to avoid paying millions in taxes includes a section on Golden State Warriors minority owner Dominic Piccinini, better known as the guy who went viral for drinking out of a golden chalice at a game in 2019. Billionaire Chamath Palihapitiya, a minority owner of the Golden State Warriors alongside majority owners Peter Guber and Joe Lacob, expressed what he called "a very hard, ugly truth" about . "We came back [to the Finals]. Stevens became a minority owner of the Warriors in 2013, when he purchased the stake in the team held by current Sacramento Kings principal owner Vivek Ranadive. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Chamath Palihapitiya speaks during an interview following VirginGalactic Holdings Inc.'s initial public offering on the floor of the New York Stock Exchange in New York, U.S., on Monday, October 28, 2019. The $525 million price was the second-most ever paid for an NBA team. Warriors minority owner Chamath Palihapitiya callously said: "Nobody cares about what's happening . Sign up and stay up to date with our daily newsletter. The exact breakdown of the franchise's minority owners isn't known, though the team told The Athletic's Zach Buchanan in April 2020 that "around 10" minority partners. Pushing Lowry has obscured the life and reputation Stevens had built. CNN Sans & 2016 Cable News Network. 3, 2021 11:23 a.m. Golden State Warriors owner Joe Lacob speaks during the ribbon cutting ceremony of the Chase Center Tuesday, Sept. 3, 2019, in San Francisco. Contribute Now. The fastest growing NBA franchise is also the Golden State Warriors, with a 100% increase in valuation since the 201718 NBA season ($3.5 to $7 billion). Anschutz upped his investment in the Lakers in 2001, two years after the team . However, you may visit "Cookie Settings" to provide a controlled consent. Discovery Company. Joseph Steven Lacob (born January 10, 1956) is an American business executive who is a partner at Kleiner Perkins and the majority owner of the Golden State Warriors of the National Basketball Association (NBA). This cookie is set by GDPR Cookie Consent plugin. These cookies track visitors across websites and collect information to provide customized ads. Jun 17, 2015, 8:39 AM. Their investment group made a bid to buy the NBA team in 2010. His obvious point was that if a player . Golden State Warriors: Joe Lacob (majority), Peter Guber: GSW Sports LLC 450: 2010: Houston Rockets: Tilman Fertitta: Fertitta Entertainment 2,200: 2017: Indiana Pacers: Warriors Investor Chamath Palihapitiya Responds to Criticism Over Comments on China's Uyghurs - WSJ News Corp is a global, diversified media and information services company focused on creating. Sportico first reported on the deal last month. Former detainees allege they were subjected to intense political indoctrination, forced labor, torture, and even sexual abuse. Both of them are co-executive chairmen of the organization. While his net worth remains an eye-popping $1.6 billion, according to Forbes, thats a $500 million drop since the publication last reported his net worth in April 2020. The Golden State Warriors issued a statement Monday, distancing themselves from controversial comments made by minority owner Chamath Palihapitiya concerning the ongoing struggle of the Muslim . "I want to give all the credit to these players and coaches. Joseph S. Lacob/Net worth. Golden State posted only two winning seasons in his 16 years as owner, and the only playoff appearance ended with a loss in the 2007 NBA Western Conference semifinals. Thats what the majority owners of the 30 NBA teams have done. June 6, 2019 10:49 AM PT. I sold an initial tranche in [December 2021] and last week I sold my remaining stake to existing investors, Palihapitiya wrote. He started working for the firm in 1987 and was eventually made partner. The Warriors are currently the NBAssecond most valuable franchise according to Forbes, which gave the team a valuation of US$5.6 billion in its most recent list, meaning Palihapitiya will have made a significant profit on his investment. Both of them are co-executive chairmen of the organization. 11:30 PM EST, Tue January 18, 2022, Warriors' minority owner walks back comments on Uyghurs. The cookies is used to store the user consent for the cookies in the category "Necessary". As a representative of the Warriors' cash-drenched fan base and part . As a fan in a courtside seat who ended up near a player during the action. The deal, believed to be the first private equity investment in an NBA franchise, values the team at roughly $5.5 billion. One of the only certainties in pro sports is that your favorite teams front office will screw up. On the latest edition of his All-In Podcast, Palihapitiya dismissed the situation in China, which is accused by the U.S. of genocide and crimes against humanity because of the treatment of the Uyghurs Muslim minority population in the Xinjiang region in northwest China. His movies have earned $3 billion worldwide and have gained over 50 Academy Award nominations. Smith is already getting some rave reviews from the players Sixers guard Evan Turner posted on Twitter on Tuesday, I think its dope that the fresh prince is one of our new owners. EMMY NOMINATIONS 2022: Outstanding Limited Or Anthology Series, EMMY NOMINATIONS 2022: Outstanding Lead Actress In A Comedy Series, EMMY NOMINATIONS 2022: Outstanding Supporting Actor In A Comedy Series, EMMY NOMINATIONS 2022: Outstanding Lead Actress In A Limited Or Anthology Series Or Movie, EMMY NOMINATIONS 2022: Outstanding Lead Actor In A Limited Or Anthology Series Or Movie. Six MLR franchises have a majority or minority owner with a background as player or coach (or both) with the U.S. Eagles. Winning culture is contagious and this team has reinforced many of my existing beliefs, but also challenged me to change my mind on some others., Earlier this year, Palihapitiya faced scrutiny after stating on the All-In podcast that nobody cares about Chinas genocide of its Uighur population in the Xinjiang region, adding of all the things I care about, it is below my line., In response, the Warriors released a public statement on 17th January that read: As a limited investor who has no day-to-day operating functions with the Warriors, Mr. Palihapitiya does not speak on behalf of our franchise, and his views certainly dont reflect those of our organisation.. Eagles Players And Coaches As MLR Owners. SAN FRANCISCO (AP) A Golden State Warriors minority owner who said "nobody cares" about the Uyghurs in China is under fire and the team is distancing itself from him. Understanding the lack of diversity in sports team ownership. James has earned more than $1 billion during his 18-year career, with nearly $400 million in salary and more than $600 million in off-the-court earnings, but that doesnt make him a billionaire. The NBA did not respond to CNN request for comment. 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. Dubs' Curry (leg) could return as soon as Sun. Chris Cohan. Thats to say that a player can earn significantly less than the minimum, if hes on a multiyear deal that nets him a lower salary per year. Palihapitiya explained that he cares more about other issues like climate change, supply chain disruptions, and American healthcare problems. This is probably the most meaningful [title].". LeBron James, who has major film and apparel businesses tied to the China market, called Morey misinformed and not educated on the subject. CNN has learnt Palihapitiya owns 2% of the Warriors. Palihapitiya is listed as an executive board member on the Warriors' website. The NBA and the Golden State Warriors announced on Thursday that minority owner Mark Stevens is banned from attending any NBA games and Warriors activities over the next year and that he. Following an outpouring of criticism on social media,. "When @NBA says we stand for justice, don't forget there are those who sell their soul for money & business like @chamath the owner of @warriors who says `Nobody cares about what's happening to the Uyghurs.' 2. We've received your submission. Palihapitiya said at the nearly 15-minute mark of the show from Saturday. Lasry is also the Chairman, CEO and Co-Founder of Avenue Capital Group, a global investment firm founded in 1995, with more than $13 billion worth of managed assets. Rosen was influential in guiding Magic Johnson Enterprises to be recognized as one of the most successful minority business companies in the country. The Warriors are now worth $7 billion, said Forbes, 25% more than last year. The operating income of the Golden State Warriors, franchise of the National Basketball Association, amounted to 206 million U.S. dollars in the 2021/22 season. In the next 11 years, under Katz' ownership, the team won one NBA title and was a contender for some time. You bring it up because you really care, and I think thats nice that you care. 2022 - 2023 Times Mojo - All Rights Reserved Not until we can take care of ourselves will I prioritize them over us. Copyright 2023 IBTimes LLC. Enjoying SportsPro content? This cookie is set by GDPR Cookie Consent plugin. Today they announced the addition of Wade. The $401 million purchase of the Phoenix Suns in 2004 was at or near the maximum that Cohan could expect to reap. You also have the option to opt-out of these cookies. It does not store any personal data. They all have some affinity for the game, and they all have a lot of sway in a league swimming in cash. All rights reserved. Lon Rosen is the Executive Vice President and Chief Marketing Officer for the Los Angeles Dodgers. Chamath Palihapitiya, a venture capitalist who owns 2 percent of the NBA franchise, expressed cold indifference to the plight of the Uyghurs, an ethnic Muslim minority that has been persecuted in China, on his All In podcast over the weekend. He is worth $2.3 billion, according to . This article is a list of principal owners (referred to as "Governors" in official NBA parlance) of National Basketball Association teams: Franchise Principal Owner(s) . The Golden State Warriors, who are worth $4.7 billion. Create your account and get enhanced access to all the latest stories. When Golden State Warriors minority owner Mark Stevens shoved Toronto Raptors guard Kyle Lowry during the 2019 NBA Finals, the calls for a lifetime ban were immediate and numerous. The Golden State Warriors, who are worth $4.7 billion. The best insights from the ultimate insiders, 2023 NYP Holdings, Inc. All Rights Reserved, been subjected to rape, sterilizations and slave labor, LeBron James tweets apology after Lakers legend rips team, Daniel Jones needs to see big picture in Giants negotiations, Red-hot Jon Rahm no match for wind-swept Bay Hill: 'F--king hard', The Marchand and Ourand Sports Media Podcast, The Show with Joel Sherman and Jon Heyman, Amazin' But True: A NY Mets Baseball Podcast, Gangs All Here: A NY Jets Football Podcast, Kellyanne Conway and George Conway to divorce, Canadian teacher with size-Z prosthetic breasts placed on paid leave. 6 How many championships have the Golden State won? Did you encounter any technical issues? CNN has learnt Palihapitiya owns 2% of the Warriors. Guber sports a full resume in the entertainment and communications industries. Chamath Palihapitiya becomes an owner of the Golden State Warriors. Get your seats to Golden State Warriors games with SI Tickets; This year, after getting healthy, Wiseman only played in 21 games for Golden State prior to the trade, averaging just 12.5 minutes . Just days before the July 2010 announcement that Cohan sold to the group led by Joe Lacob and Peter Guber, Ellison was still regarded as the favorite to land the team based upon his ability to outbid the competition. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. He started working for the firm in 1987 and eventually became partner. Their investment group made a bid to buy the NBA team in 2010.. Chamath Palihapitiya, a venture capitalist who owns 2 percent of the NBA franchise, expressed cold indifference to the plight of the Uyghurs, an ethnic Muslim minority that has been persecuted in. Lacob at a Golden State Warriors game in 2011. The Warriors appeared destined to land in the hand of one of the richest men on the planet, but he was outmaneuvered by a group led by two businessmen who took a big chance with a maverick move. Last month, the owners of the Golden State Warriors quietly approached the National Basketball Association for approval to sell a minority stake in the team not to another business mogul, but to While Warriors fans waited for . The league had a lot of its future growth pegged to its relationship with China, when then-Rockets general manager Daryl Morey tweeted to Free Hong Kong in support of democracy protesters and ignited a firestorm in 2019. Why Do Cross Country Runners Have Skinny Legs? As things stand, the dubious honor of lowest paid player in the league is held by Ishmail Wainright of the Phoenix Suns, who earns a grand total of, Lacob and Guber purchased the Warriors for, 7 (1947, 1956, 1975, 2015, 2017, 2018, 2022), 7 (1975, 2015, 2016, 2017, 2018, 2019, 2022). "The money part didn't really matter to me because from a pure business standpoint the NBA is doing great," Rodgers said. The Uyghurs have been subjected to rape, sterilizations and slave labor. In recent months, the 11-year NBA veteran has used social media and specially designed clothing during NBA games to bring awareness to and criticize Chinas treatment of the Uyghur community, a Muslim minority in the countrys far west. 1. But if youre asking me: Do I care about a segment of a class of people in another country? Not until we can take care of ourselves, will I prioritize them over us., The 45-year-old billionaire investor also said that the concept of sustaining human rights globally is a luxury belief., We dont do enough domestically to actually express that view in real, tangible ways, he said. The value of the team is up almost tenfold since then, and his 25% stake is worth more than $900 million, net of debt. The cookie is used to store the user consent for the cookies in the category "Performance". What are the physical state of oxygen at room temperature? Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. As a refugee, my family fled a country with its own set of human rights issues so this is something that is very much a part of my lived experience. "Nobody cares about what's happening to the Uyghurs, OK?'' Businessman Chris Cohan purchased the Golden State Warriors in October 1994 for $130 million, but he didnt enjoy much success on the court. Palihapitiya, a wealthy investor and entrepreneur is an investor in the NBAs Golden State Warriors, but only in what the franchise leadership calls a limited capacity. The small ownership group has previously consisted of tech leaders, including legendary investor and Accel partner Ryan Sweeney, and Atlassian co-founder Mike Cannon-Brookes in addition to the Miller family. The Sacramento Kings, Milwaukee Bucks, Los Angeles Clippers, and Houston Rockets all subsequently broke the record, but the Golden State Warriors turned NBA valuations on their head by selling for $450 million in 2010. 2 Who owns the Golden State Warriors basketball team? Joe Lacob led an ownership group that in 2010 paid $450 million for the Golden State Warriors NBA team. On the latest edition of his All-In Podcast, billionaire Chamath Palihapitiya dismissed the situation in China, which is accused by the U.S. of genocide [] Ranadiv is the founder and former CEO of TIBCO Software, a multi-billion dollar real-time computing company, and of Teknekron Software Systems. The Golden State Warriors have traded forward David Lee to the Boston Celtics in exchange for forward Gerald Wallace and guard Chris Babb, the team announced today. He told CNN his new last name comes from what his teammates have been calling him. In July 2010, ESPN announced that Guber and Lacob reached an agreement to buy the Warriors for $450 million. Warriors Trade David Lee to Boston in Exchange for Gerald Wallace & Chris Babb. But if you give me a price you will absolutely take, I will give you an answer, yes or no.. A minority owner of the Golden State Warriors is getting shredded on social media for callously admitting he does not care about Uyghur genocide in China. The Sri Lankan billionaire venture capitalist acquired a, Thats to say that a player can earn significantly less than the minimum, if hes on a multiyear deal that nets him a lower salary per year. Calacanis said its a sad state of affairs if people cant care about global human rights. The Golden State Warriors have distanced themselves from billionaire Chamath Palihapitiya, a minority owner who said on his podcast that "nobody cares" about the Uyghurs in China. Who owns the Golden State Warriors basketball team? Updated Mandalay's feature films include "Soul Surfer," "The Kids Are. Shame!, Visit CNN.com/sport for more news, features, and videos, When asked for their reaction to Palihapitiyas comments, Chinese Ministry of Foreign Affairs spokesperson Zhao Lijian said at a briefing on Tuesday: I have not heard the relevant information you mentioned. Palihapitiya joined the Warriors' ownership group in 2011, about a year after Joe Lacob and Peter Guber bought the team for $450 million, the San Francisco Business Times reported. When genocides happen, it is people like this that let it happen. Biden signed a bill in December banning imports from the Xinjiang region of China unless it can be proven the goods were not made with forced labor. They have a value of $1.3 billion and there has been 0% change during 1 year. Pages in category "Golden State Warriors owners" The following 8 pages are in this category, out of 8 total. Los Angeles Lakers minority owner Philip Anschutz is selling his 27 percent stake in the team to Mark Walter and Todd Boehly, two of the owners of the Los Angeles Dodgers, according to Scott . Necessary cookies are absolutely essential for the website to function properly. The last two years were very difficult, and everything they [players] had to go through The injuries It's fantastic, and I love everyone for what they have done," Lacob added. Well, if youre rich enough, you can buy a team. Guber is the founder and CEO of Mandalay Entertainment, a visionary multimedia venture spanning movies, TV, sports, and digital media. According to the Wall Street Journal, the team's minority owners are "pressuring" owner Daniel Snyder to sell his majority stake in the team. 'Whatever seed we are, we're ready': Is there room for Cleveland among the East elite? Full stop., Enes Kanter says he will change his name to Enes Kanter Freedom and become US citizen. The New Orleans Pelicans were the lowest-valued team ($1.6 billion), while 12 teams are worth more than the average figure of $2.87 billion the Miami Heat ($3 billion), Raptors ($3.1 billion), 76ers ($3.15 billion), Houston Rockets ($3.2 billion), Mavericks ($3.3 billion), Brooklyn Nets ($3.5 billion) and LA Clippers. Joe Lacobs Warriors legacy depends on next coach, Japan 'Happy Science' Cult Leader Okawa Dies: Media, Exclusive-IndiGo Pits Boeing Against Airbus In Record Jet Order Talks, Tech Wars Turning Cycling Into Formula One, Revolut Auditor Flags Concern About $576 Million Of Revenue In Long-delayed 2021 Accounts, Delta Pilots Ratify New Contract, Raise 'The Bar' For Rival Airlines, Before buying the Warriors from Chris Cohan in 2010, Lacob was a minority owner of the Boston Celtics, Lacobs purchase of the Warriors was the largest sale of a team in the league's history at that time, Under Lacob's ownership, the Warriors won four championships. Pera, who bought the NBAs Memphis Grizzlies in 2012, is the youngest controlling owner in the league. They decided to pull an end run around Sal Galatioto and approach Cohan directly. 1.2billion USD (2021) A close-up view of the Warriors team logo. Michael Jordan, who is now the majority owner of the Charlotte Bobcats, became a minority owner of the. More NFL Coverage: A Realists Look at the Aaron Rodgers Presser. These cookies ensure basic functionalities and security features of the website, anonymously. A 1 percent share of that price would equal a $5.5 million investment. After accounting for taxes, spending and investment returns, Forbes estimates James net worth to be about $850 million. In total, the Warriors have won four NBA championships. Here are the 10 richest owners in the NBA. But every time I say that I care about the Uyghurs, Im really just lying if I dont really care.. Related Questions. "As a limited investor who has no day-to-day operating functions with the Warriors, Mr. Palihapitiya does not speak on behalf of our franchise, and his views certainly don't reflect those of our organization,'' the Warriors said in a statement. Joseph Steven Lacob (born January 10, 1956) is an American business executive who is a partner at Kleiner Perkins and the majority owner of the Golden State Warriors of the National Basketball Association (NBA). Warriors minority owner under fire for comments on Uyghurs By JANIE McCAULEY January 18, 2022 SAN FRANCISCO (AP) A Golden State Warriors minority owner who said "nobody cares" about the Uyghurs in China is under fire and the team is distancing itself from him. Palihapitiya, a venture capitalist and is a minority owner of the Warriors and owns just 10 percent of the team He made the comments on his 'All-In' technology podcast 'Of all the things that. Irv Kosloff, the majority owner, sold the team to Fitz Dixon in 1976. The Golden State Warriors won their first NBA championship in 40 years when they defeated the Cleveland Cavaliers 105-97 on Tuesday night. The Sri Lankan billionaire venture capitalist acquired a ten per cent share in the Warriors in 2010 for US$25 million as part of the US$450 million takeover deal. All Rights Reserved. The reason I think that is we dont do enough domestically to actually express that view in real tangible ways. A striking Thursday report from ProPublica on how billionaire sports owners are able to use their teams to avoid paying millions in taxes includes a section on Golden State Warriors minority. 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. When Chris Cohan put the Golden State Warriors up for sale in 2010, billionaire businessman Larry Ellison became the immediate leader in the clubhouse. I care about the fact that our economy could turn on a dime if China invades Taiwan. O'Neal is hardly the first high-profile addition to an NBA team's ownership group. Bernard Arnault & family. When co-host Jason Calacanis said President Bidens statement about the Uyghurs was one of the stronger things hes said, Palihapitiya interjected that nobody cares about them. Reporting from Oakland . Owner. Who did the Warriors trade? Mieuli, who will remain a minority owner, said goodbye to Warriors employees Tuesday before leaving for a vacation in Europe. The Warriors returned to the NBA playoffs in 2013. Palihapitiya, who was born in Sri Lanka, later backtracked. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Lacobs purchase of the Warriors was the largest sale of a team in the league's history at that time. The Warriors distanced themselves from Palihapitiyas opinion on Monday. Though the Warriors play in Oracle . The purchase shocked the world because it was assumed that Oracle co-founder, Larry Ellison the highest bidder, would be the Warriors next owner. Copyright 2023 Market Realist. After Tuesday's shootaround, Warriors star Andrew Wiggins was asked about Palihapitiya's comments and made it clear they have different beliefs. The Bills are ranked as the leagues least valuable team, at $2.27 billion. He sold his stake in the Celtics in 2010 so he could . Instead, an owner looking to get out typically uses an intermediary who identifies potential buyers and conducts a behind-the-scenes auction. Billionaire Chamath Palihapitiya, a minority owner of the Golden State Warriors alongside majority owners Peter Guber and Joe Lacob, expressed what he called "a very hard, ugly truth" about China's treatment of its Uyghur minority-Muslim population in the Xinjiang autonomous region. Chamath Palihapitiya, a part-owner of the Golden State Warriors, did no favors for the NBA's public relations woes on China by declaring "nobody cares" about the oppressed Uyghur minority. Rodgers politely declined to say how much he invested, but Edens and Lasry bought the Bucks for about $550 million in 2014. Joe Lacob is a majority owner of the Golden State Warriors. How many championships have the Golden State won? So until we actually clean up our own house, the idea that we step outside of our borders about somebody elses human rights track record, is deplorable., In a statement to CNN on Monday, the Warriors distanced themselves from Palihapitiyas comments: As a limited investor who has no day-to-day operating functions with the Warriors, Mr. Palihapitiya does not speak on behalf of our franchise, and his views certainly dont reflect those of our organization.. Before buying the Warriors, Lacob was a part-owner of the Boston Celtics, co-invensting in 2006 and present for the team's 2008 championship. 2? Offers may be subject to change without notice. We also use third-party cookies that help us analyze and understand how you use this website. I'm telling you a very hard, ugly truth, OK, of all the things that I care about, yes it is below my line.''. I sold an initial tranche in [December 2021] and last week I sold my remaining stake to existing investors, Palihapitiya wrote. Minority owners: Jed York (pictured) , 34. What skills do you need for school cheer? Im telling you a very hard, ugly truth. Now that the team won the NBA championship with a Game 6 victory over the Boston Celtics, many are wondering who he is and how much he is worth. Robert Boland, professor of sports management at NYU whose firm, Boland Sports Practice Group, consulted on the recent sale of the Bills, calls minority ownership "the back door to [principal]. Forbes reported on Friday their highest valued teams in sports, and the New York Knicks rank number one in the NBA. This website uses cookies to improve your experience while you navigate through the website. Guber has produced or executive produced successful films including Rain Man. Of the three major sports leagues in the U.S., the NFL, NBA, and MLB, only one principal owner is black. As one of about 25 to 30 Warriors minority owners. In [November 2021], after 11+ years, I began a process to sell my ownership in the Warriors. Per the report, Snyder has no intention to sell. He began his sports career with the NBA's Los Angeles Lakers and the NHL's Los Angeles . . He enjoyed a goodrelationship with then-NBA CommissionerDavid Stern, who referred to him in a 2012 interview as a terrific potential owner.. Chamath Palihapitiya, a minority owner of the NBA's Golden State Warriors, said in a podcast that he co-hosts and that aired on Saturday that "nobody cares about what's happening to the.
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