LAS VEGAS -- There's no doubt it's out there: The Warriors are for sale. It's been written about in the Contra Costa Times and San Jose Mercury News.Only one problem. On Friday afternoon, the one guy who would likely know about it and be in on it, said it ain't happening.
"The Warriors are not for sale," team president Robert Rowell said.
That was all Rowell offered on the record, but he did say it about three or four different times and ways. Rowell wouldn't address the report that owner Chris Cohan met with Oracle CEO Larry Ellison, but Rowell did offer that Cohan and executives have meetings all the time.
Cohan has owned the Warriors since 1995, when he purchased a majority share of ownership. The Warriors have been to the playoffs only one time during Cohan's tenure.
Reader Comments (Page 1 of 1)
7-10-2009 @ 10:36PM
Giles said...
What he probably means, is, in this economic depression, there are no bidders, in or out of the Oakland area, who would consider buying the Warriors. LeBron James is holding his summer camps in San Diego, not his home town of Akron, now, but while he might prefer to sign with a new San Diego team, apparently no big money ladies or gents have stepped up wanting a team anywhere. There are half a dozen markets in the top 30 open and growing at double figures, but no deep pockets to go with them, apparently. Jobless rates are up again, Gas/oil prices, which is mixed news, are down again, the depression isn`t easing, it is deepening again. The NBA needs to plan a half dozen team expansion, getting rid of 6th, 7th, and 8th men, to lower payrolls, to meet the depression budget cuts. But how much you want to bet they`ll raise salaries and ticket prices instead?
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