Who Was The Old Owner Of The Warriors? The Rise And Fall Of Chris Cohan

The Golden State Warriors were owned by Chris Cohan until 2010. He sold the team to Peter Guber of Mandalay Entertainment and his partner Joe Lacob for a record $450 million.

Chris Cohan had owned the Warriors since 1997. During his ownership, the team struggled on the court and had a difficult time attracting fans. Cohan made some questionable decisions, including the firing of popular coach Don Nelson, which alienated many fans. While he did invest in the team and made some upgrades, the Warriors never reached their potential under his leadership.

Cohan eventually put the team up for sale in 2010. Joe Lacob, a Silicon Valley entrepreneur, and Peter Guber, a Hollywood producer, saw an opportunity to turn the Warriors around. Their vision was to build a championship team and bring the excitement of basketball back to the Bay Area. Their bid was successful, and they became the new owners of the Golden State Warriors. They immediately made significant changes to the organization, hiring a new general manager and coach, and building a roster of talented players.

The Warriors’ fortunes changed dramatically under the new ownership. They became one of the most successful teams in the NBA, winning three championships in four years from 2015 to 2018. The team’s popularity has soared, and they have become one of the most beloved franchises in the league.