Our Marcus Thompson II will be on hand Friday at 10 a.m. for a live chat to discuss the ramifications of the Warriors sale. Join us then as Marcus breaks down what the team’s next moves may be.
Warriors fans across the Bay Area are celebrating the departure of 16-year Warriors owner Chris Cohan. After years of begging and pleading and venting, they finally got their wish.
What perhaps has gotten lost in it all is that this happened kind of fast. It was only a year ago, or so, that a certain Mercury News columnist was getting ripped for teasing Warriors fans with talk of Cohan selling. A calendar year. That’s all it took. Here is how it went down.
UPDATE: Here’s some insight on Joe Lacob from the majority owner of the Boston Celtics, Wyc Grousbeck.
“Joe has been a world class partner at the Celtics, honest, team oriented and knoweledgeable. He has long wanted to own his own team. He brings business accomplishment and has won in business becuase he is a team builder. His record is identifying and building winning teams. He loves basketball, and is a real competitor. He is a great fit for the Warriors. I told him good luck but we will try to kick his tail for the next few decades.”
I’m already a fan of Joe Lacob. I put in a call to him this morning when I heard he was buying the Warriors. And guess what? He called me back! What a refreshing turn of events, an owner calling back the beat writer for the team! And he gave me a few minutes.
God bless you, Joe Lacob.
OK, enough of my selfish rambling. Here is Lacob in his words, Q&A style. (Save you the agony, he declined comment on who is in and who is out.)
Owner Chris Cohan had his price in mind – $450 million – and clearly wasn’t ready to walk away from the negotiating table until it was met.
Finally it was.
But by the group with Joseph Lacob, a minority owner for the Celtics, and Peter Guber of Mandalay Entertainment. Not by Oracle billionaire Larry Ellison.
So Warriors get one of their wishes in that Cohan finally sold the team. But their desire to have a charismatic baller as the owner extinguished when Ellison’s people pushed away from the table.
Six months. That’s how long the Warriors announced rookie forward Ekpe Udoh will be out of action after successful surgery to repair a torn legament in his left wrist.
And that is six months per the Warriors’ schedule, which is usually the most-optimistic schedule.
His wrist will be immobilized for 10 weeks, which means he will be just getting the cast off around the time camp starts. After that, starts rehab, which clearly the doctor thinks will take at least three months. That puts Udoh out until January, if everything goes according to plan. If recent history is any indicator (which it probably shouldn’t be because no one knows how well he heals), don’t expect Udoh back before the All-Star break.
Practically the entire Bay Area waits to see what comes of the negotiations going on right now for the purchase of the Golden State Warriors. But the process is being held up. The so-called imminent sale keeps getting held off. Why?
Perhaps it is because no one has hit the number owner Chris Cohan has in his head: $450 million.
UPDATE: Live chat will begin a half hour later, at 3:30 p.m. PDT. Sorry for the inconvenience.
Join our Warriors beat writer Marcus Thompson II for a live chat here on Wednesday, July 14 at 3 p.m. PDT. Marcus will cover the the latest news surrounding the team’s impending sale and its personnel moves.
Bring your questions for Marcus and we’ll see you then!