Warriors

Presented By shiller
Warriors

You know the basics:

In July 2010, Joe Lacob and Peter Guber's ownership group bought the Warriors for $450 million.

But what you don't know is the behind-the-scenes story of how the sale went down.

Until now.

On Monday morning, Ethan Strauss of The Athletic wrote a feature entitled -- "Untold Story: How Lacob and Guber won the Warriors and Ellison lost."

Ellison is Larry Ellison -- the co-founder of Oracle who is worth an estimated $58.5 billion, according to Forbes.

As Lacob told The Athletic about Ellison: "He had more money than us and he, if he really wanted it, let’s be clear, he could’ve had it because he was one of the richest men in the world. He could’ve outbid us, no question.”

As former NBA Commissioner David Stern told The Athletic: "Larry could’ve made the purchase, but he didn’t. He skipped a beat and Joe moves right in and took the team away from him.”

So how was Lacob able to accomplish this?

Let's just say that it involves a man named Sal Galatioto, an "emergency" flight on a private plane to Baltimore to meet with then-owner Chris Cohan and an "exploding offer."

And in case you were curious -- Larry Ellison's representation told The Athletic: "We will decline comment for this story.”

Drew Shiller is the co-host of Warriors Outsiders. Follow him on Twitter @DrewShiller