Forbes: Massive spike vaults Warriors to third most valuable NBA franchise

Forbes: Massive spike vaults Warriors to third most valuable NBA franchise

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Forbes released its annual "The Business of Basketball" on Wednesday, and the numbers are staggering.

The Golden State Warriors are now worth an estimated $2.6 billion -- the third highest valuation in the NBA.

That number is 37 percent higher than last year when the Warriors received a valuation of $1.9 billion -- the sixth highest in the league.

Joe Lacob and Peter Guber's ownership group bought the franchise in 2010 for $450 million.

From Forbes:

"Two consecutive trips to the NBA finals and one title have done wonders for the Warriors. On its way to the best regular season record in NBA history, the team posted the league's highest average cable TV rating (9.76) during the 2015-16 season, more than double the previous season.

"The Warriors also secured a 20-year naming rights deal from Chase for their new arena, expected to open in 2019, worth as much as $300 million. The value of the Warriors is up a league-high 37% and the team could challenge the Lakers and Knicks for the NBA's highest revenue in their new arena, which broke ground in January.

"The Warriors grossed $10 million per game in gate receipts, before the NBA took their cut, during the NBA Finals. The season ticket waiting list was at 32,000 to start the current season with the renewal rate at 99.5% and only 23 seats not renewed during the offseason.

"The Warriors paid a luxury tax bill of $14.8 million for the 2015-16 season, but still posted the NBA’s third-highest profits."

Only the New York Knicks ($3.3 billion) and Los Angeles Lakers ($3 billion) were given higher price tags.

The Chicago Bulls ($2.5 billion), Boston Celtics ($2.2 billion) and Los Angeles Clippers ($2 billion) round out the Top 6.

The New Orleans Pelicans are last with a valuation of $750 million.

Source: Warriors, Curry aiming for Friday return


Source: Warriors, Curry aiming for Friday return

The Warriors have been without Stephen Curry for six full games and all but the first two minutes of a seventh. The last three were less out of medical necessity than an abundance of caution.

Curry could, however, return as soon as Friday when the Atlanta Hawks visit Oracle Arena, multiple sources disclosed to NBC Sports Bay Area on Monday night. ESPN, citing league sources, was first to report the team’s plan.

The two-time MVP’s right ankle is scheduled to be reevaluated Tuesday, after which time a firm return date is expected.

Curry was physically able to play -- and actually pushed to return -- last weekend, according to league sources. But the Warriors, looking ahead to the playoffs and seeing diminished value in the remaining regular-season games, opted to continue rehabilitation in hopes of maximizing support for the area around his ankle.

The Warriors have described Curry’s injury not as a sprain but a “tweak,” implying less severity.

Though the Warriors won the game in which Curry was hurt, 110-107 over the Spurs on March 8, they have since lost four of six, including 89-75 on Monday in San Antonio.

The Warriors arrived early Tuesday morning and won’t practice Tuesday afternoon and are contemplating skipping an official practice on Wednesday.

The Warriors, averaging a league-leading 115.5 points per game this season, saw that figure drop to 103.3 during Curry’s six-game absence.

Draymond Green knocked out of game vs Spurs with pelvic contusion


Draymond Green knocked out of game vs Spurs with pelvic contusion

Already down three All-Stars, the Warriors lost their fourth midway through the first half on Monday night.

With just over nine minutes remaining in the second quarter against the Spurs, Draymond Green took a knee from a driving Danny Green.

Draymond was in immediate pain and left the court for the locker room.

Just before the end of the first half, NBC Sports Bay Area's Kerith Burke reported that Green was ruled out for the rest of the game with a "midsection issue."

Early in the second half, the Warriors diagnosed that Green suffered a pelvic contusion and that x-rays were negative.

The Warriors are currently playing without Stephen Curry, Klay Thompson and Kevin Durant. All three are dealing with injuries that will keep them out several games.