How The Golden State Warriors Increased Their Value In A Short Amount Of Time

By Ryan Velez

Those who invested in basketball teams when this was only a hundred-million-dollar expense about a decade now are reaping the benefits several times over.

The value of an NBA team has exploded in recent years, with one of the major reasons being a $24 billion television deal that went into effect this past offseason. This growth is reflected in the increased money that free agents are pulling in this off-season, a side effect of teams making more money than ever. However, CelebrityNetWorth reports that the Golden State Warriors are at the top of this wave, with its owners having quintupled their multi-million dollar investment over a six-and-a-half year span.

Those who invested in basketball teams when it was only a hundred-million-dollar expense about a decade ago are now reaping the benefits several times over. The value of an NBA team has exploded in recent years, with one of the major reasons being a $24 billion television deal that went into effect this past offseason. This growth is reflected in the increased money that free agents are pulling in this off-season, a side effect of teams making more money than ever. However, CelebrityNetWorth reports that the Golden State Warriors are at the top of this wave, with its owners having quintupled their multi-million dollar investment over a six-and-a-half year span.

With the combination of an exciting offense and star power names like Steph Curry, Klay Thompson, Draymond Green, and Kevin Durant this means all eyes are on the Warriors these days. It’s important to know this wasn’t always the case. In fact, in 2010, the team was up for sale. Chris Cohan, who bought the team in 1994 would sell the team to Joe Lacob and Peter Guber for a then-NBA record $450 million. While this is quite a selling price, the Golden State Warriors were not a hot property at the time. In fact, during Cohan’s 16-year ownership, the team had the second-worst record in the league.

While the team’s first couple of years under the new ownership were not much improved, the team did make some smart draft choices, like Klay Thompson with the 11th overall pick in 2011, Harrison Barnes with the 7th overall pick in 2012, and Draymond Green with the 35th overall pick in 2012. Combine this with Steph Curry, drafted the year before the sale, the tools for success were slowly coming into place.

Following a whirlwind 2014-2015 season that would win Steph Curry the MVP and a title for the team, the Golden State Warriors have been front and center in the NBA since, and this is being reflected in the team’s financial value. When Forbes released its list of the most valuable NBA teams, the New York Knicks and Los Angeles Lakers topped the list at $3.3 billion and $3 billion respectively. However, Golden State now has the 3rd spot with a $2.6 billion worth. This is pretty impressive when you consider that only 10 years ago, they were in 27th place with a net worth of $267 million.

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