Posted on 07/14/2010 4:41:01 PM PDT by nickcarraway
Your long, tightwad-ownership nightmare is reportedly over, Warriors fans.
The San Francisco Chronicle is reporting that software tycoon Larry Ellison has won the bidding process and will soon be announced as the new owner of the Golden State Warriors. KNBR and the Chronicle are both reporting the official announcement will come by the close of business today.
The dollar amount of Ellison's winning bid is not yet public, but the Oakland Tribune reports that he beat out a $350 million offer from 24-Hour Fitness owner Mark Mastrov.
Ellison has long been the Bay Area's favorite obnoxious and ruthless billionaire. His America's Cup victory his cutthroat business nature indicate that he'll throw money at this roster until they make the Miami Heat look like a swimsuit model softball team.
For Warriors fans, this signals the end of the fantastically unsuccessful Chris Cohan ownership era. Cohan's sixteen-year tenure will be remembered for the strangling of a coach, drafting Todd Fuller with Kobe Bryant still available, a notorious moped accident, and very, very few playoff games.
Cohan is currently being shaken down by the IRS. Ellison, meanwhile, is ranked by Forbes as the sixth-richest person alive. The franchise figures to be far better maintained in Ellison's toy chest.
You ever hear of that hotshot Russian billionaire Mikhail Prokhorov, the guy who just bought New Jersey Nets and runs around with Jay-Z?
Ellison has twice as much money as that guy, as Tim Kawakami's Twittering points out.
So enjoy the moment, Warriors fans. Your mouth has permission to write checks that Larry Ellison can cash.
Mark Cuban has now met his match for the NBA’s biggest blowhard owner.
Come on, you are comparing Ellison to Cuban. One is all action & little talk. The other is basically all talk. Chalk & cheese.
Ellison may be a lot of things, but ‘m not sure blowhard is one of them. He’s usually private and doesn’t speak publicly a lot.
Anything... ANYTHING would be better for the Warriors than the skinflints running the show now. They are an absolute disaster. I used to think Frank Mieuli was bad in the 70’s but the subsequent owners are worse.
True.
And just wait till the Golden State fans see the new ticket prices as the samurai warrior builds his dream team.
I most definitely approve of this almost-completed deal!
yep but we can always have the memories of those neat ‘The City’ uniforms and teams of the 60’s...... nate thurmond....rick barry....wilt...the ‘masher’,tom meschery... guy rodgers, al attles...rudy larusso just to name a few.....fun teams to watch then even in their lean years. remember the masher/wilt ‘fight’?
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