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The Warriors, the new rich in the NBA: they are already billionaires

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Ehe growth of Golden State Warriors it’s been stratospheric for so longFrom the sporting and economic point of view during the last decade. It is the result of the great work that the team has done from the inside out. owned by Joe Lacob and Peter Guberwhose decisions, the vast majority correct, have caused his franchise to be the second most valuable in the NBA today.

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The owners of the Warriors have cemented that unquestionable success supporting it with proper names such as those of Steve Kerr, Stephen Curry, Klay Thompson, Draymond Green y Andre Iguodalathe pillars of this meteoric rise from even before they became a dynasty, and that already treasure four champion rings each.

The ‘Top 10’ of the most valuable franchises in the NBA (2022)

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1. New York Knicks $5.8 billion

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2. Golden State Warriors 5.600

3. Los Angeles Lakers 5.500

4. Chicago Bulls 3.650

5. Boston Celtics 3.550

6. Los Angeles Clippers 3.300

7. Brooklyn Nets 3.200

8. Houston Rockets 2.750

9. Dallas Mavericks 2.700

10. Toronto Raptors 2.480

In the last 12 years they have won four NBA championships (2015, 2017, 2018 and 2022), and those successes have also been reflected in the value of its brand, which has grown almost exponentially on that successful path. The Warriors have increased their net worth in this journey from $450 million to $5.6 billion.. The financial management by the franchise of its sporting triumphs has been impeccable.

The company ‘Boardroom’property of Kevin Durant, former player of the Warriors and active part of titles of 2017 and 2018, He recently explained with a simple graphic on his Instagram page the evolution of the franchise in a very visual way.

Joe Lacobminority partner of the Boston Celtics, and Peter Guberpresident of the company Mandalay Entertainment, a group embarked on the multimedia market (cinema, television… and linked to the sports world, especially baseball) cthey bought the franchise in July 2010 for 450 million dollars, beating the offer of 315 million from the almighty Larry Ellison, President of Oracle and sixth richest man in the world.

Six finals and four rings in eight years

Many considered it crazy then, but Joe Lacob and Peter Guber had a clear idea of ​​what they wanted to do with the franchise. and they executed it slowly over the years. The result is that her team has been in six NBA finals in the last eight seasons, winning four rings and multiplying by more than ten times the value of the franchise: from 450 million to 5.6 billion. A round business.



Source: www.marca.com

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