Warriors’ value up 1,000% over last decade
It is without question that the Golden State Warriors have been one of the most successful teams in the NBA over the past decade. This hasn’t always been the case for the Warriors organization, though, as this franchise was once a team meddling in mediocrity, and often worse than that.
However, in 2010, Golden State’s fate would change forever following the team’s purchase by new owners Joe Lacob and Peter Guber, who paid $450 million, a record sale at the time for an NBA franchise. Experts were questioning this deal at that time, but after nearly a decade, the doubters have been proven absolutely wrong.
No one is questioning the deal now. Today the Warriors are valued at $3.5 billion, the third most valuable team in the NBA behind the New York Knicks ($4 billion) and Los Angeles Lakers ($3.7 billion), a ten-fold appreciation since 2009 that has proven to be the decade’s best team investment in all the major sports leagues, including the NFL, NBA, MLB, NHL and international soccer, on a percentage basis.
That’s quite a leap made by the Warriors, and at this point, they’re now considered one of the most valuable franchises not only in the NBA, but in the entire world of professional team sports.
Unfortunately for the Warriors, though, it has been a horrible past few months for them. Their fall from grace has been quick, but they’re hoping this will just be a blip on the radar before stars Stephen Curry and Klay Thompson return from their respective injuries.