Sports
Golden State Warriors to Be Valued at $7 Billion in Potential Stake Sale
- Group of minority investors considering potential sale
- Lacob-led group purchased team in 2010 for about $450 million
The Golden State Warriors and the Washington Wizards during a game.
Photographer: Philip Fong/AFP/Getty Images
A chunk of the Golden State Warriors, the National Basketball Association’s most successful team over the past decade, is up for sale, according to people familiar with the matter.
A group of minority investors accounting for just over 10% are looking to offload their stake, said the people, who asked not to be identified discussing private information.