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Who Are The Minority Owners Of The Golden State Warriors?

Who are the minority owners of the Golden State Warriors?

The Golden State Warriors are owned by a group of investors led by Joe Lacob, who purchased the team in 2010 for roughly $450 million. In 2021, the team’s value skyrocketed when the private equity firm Arctos Sports Partners acquired a minority stake. This investment valued the Warriors at a whopping $5.5 billion.

Arctos Sports Partners is a well-known player in the sports investment world, specializing in acquiring minority stakes in professional sports teams. They invest in teams across various leagues, including the NBA, MLB, NFL, and NHL. Their investment in the Warriors signifies the growing popularity and financial potential of professional basketball teams, particularly successful franchises like Golden State. This move also indicates that Arctos believes in the Warriors’ long-term success and sees the team as a valuable addition to their portfolio.

It’s important to remember that while Arctos owns a minority stake, they don’t have complete control over the team’s operations. The majority ownership and control remain with Joe Lacob and his partners. Arctos’ investment serves as a strategic partnership, providing financial support and potentially valuable insights into the sports industry. This type of investment is becoming increasingly common in professional sports as teams seek to attract diverse investors and utilize their expertise to further grow the franchise.

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