SRC: https://www.bloomberg.com/news/articles/2026-01-12/warriors-parent-said-to-be-valued-at-11-billion-in-stake-sale

A minority stake in Golden State Group, the holding company for the NBA’s Golden State Warriors, is up for sale, according to people familiar with the matter.

The 5% stake values the Warriors’ holding company at above $11 billion,

The Warriors are considered the most valuable team in the NBA and have the highest revenue in the league. The stake comes with a GSG board seat, court-side seats for GSG teams and access to the ownership lounge, the people added. GSG also houses the WNBA’s Valkyries, the NBA G League’s Santa Cruz Warriors, the Chase Center arena and Thrive City, an 11-acre development outside of the arena.

MrFishAndLoaves | Pelicans

76 | 7 hours ago

This is why Steph deserved to leave UnderArmor.

BatmanNoPrep | Lakers

10 | 5 hours ago

Did Steph need a justification to leave that pathetic company? Folks always talk about how Nike fumbled the bag on Steph but the reality is that being a Nike athlete probably would’ve helped Steph more than whatever the heck Under Armor did with his career.

Sure Steph isn’t hurting for money but it would’ve at least paid for a few of his wife’s failed restaurant ventures.

MrFishAndLoaves | Pelicans

10 | 5 hours ago

I’m saying he deserved his own brand.

BedSpring11

33 | 7 hours ago

Damn their value gonna fall through the floor once Steph retires and theyre irrelevant again.

Fun_Reflection1157

62 | 6 hours ago

That’s not how it works, my dude. New arena in a thriving area in one of the most expensive cities in the United States, with owners who spend.

You don’t think investors are not including that and account for Steph’s retirement in their valuation? Lol

Deusselkerr | Warriors

18 | 4 hours ago

Yeah for those who don’t know, which I imagine is most people, the area where the Chase Center was built used to be a backwater corner of the city with lots of empty industrial wasteland up until very recently. Over the past decade it’s turned into a massively developed neighborhood and continues to grow. They have prime real estate right in the middle of the city now.

Robinsonirish | Finland

26 | 6 hours ago

They’re not playing in Nova Scotia mate, I think they’ll scrape by.

thegreatprofessor | Raptors

18 | 5 hours ago

Why is Nova Scotia catching strays wtf

Robinsonirish | Finland

7 | 5 hours ago

Sorry, I just thought about home, somewhere cold. It was between that and Alaska.

NotWD | Raptors

1 | 5 hours ago

Yeah it ain’t Siberia out here :(

Affectionate-Art9780 | Nets

4 | 6 hours ago

This ain’t Syria mate…

CIark

14 | 6 hours ago

Bro thinks it’s all Steph lol tech money ain’t leaving. If you work at nvidia and have 20mil you’re a nobody employee. Almost anywhere else and you’re probably the ceo

welmoe | Lakers

4 | 5 hours ago

Exactly. Silicon Valley is where all the new money is at. I think ³⁄₄ of NVIDIA employees are millionaires and ¹⁄₃ have net worths over $20m. That’s just one company too. Think of all the BIG tech companies that are based in the Bay Area…

couchtomato62 | Warriors

1 | 5 hours ago

Yeah. Somebody hasn’t been to chase center/thrive city.

dirtyshits | Warriors

7 | 6 hours ago

They won’t irrelevant like they once were for a very long time and maybe never again.

The fanbase is huge, it’s a premium experience team with the highest revenue in the league, and they are in one of the biggest markets with a new stadium.

This version of the warriors is on a different planet than your dad’s version.

We are clearly willing to spend and want nothing except excellence. Maybe a few down years but we will get free agents and rebuild considering after 2027 I think we have over 120m in cap space available as it stands rn.

They also are valued so high because of the stadium. Value won’t fall through the roof it might flatline for a bit but you arent just valuing based off of ticket and merch sales. The stadium and property are probably worth most of the value on its own.

mattw08

1 | 3 hours ago

Also, one of the few teams that owns 100% of the arena and revenue. That adds big value. Hear that other owners buy your own arena don’t need hand outs.

CIark

24 | 6 hours ago

crazy what a dynasty + being located where all the economic value of the world is being generated can do for a team

blow_up_the_wacl

-20 | 5 hours ago

where all the economic value of the world is being generated

this is cap.

Zigxy | Pacers Bandwagon

11 | 4 hours ago

Yeah the internet is so irrelevant

blow_up_the_wacl

-6 | 3 hours ago

Most of the economic value existing in SF is being extracted from underpaid-underage workers in China and the rest of the Third World who make the computers and mine rare earths like coltan and silica.

JJam74 | Thunder

4 | 3 hours ago

This isnt true, it’s extracted from exploited visa recipients and freshly graduated Stanford grads too

Long_Corner_6857

2 | 3 hours ago

didn’t know software companies needed rare earth minerals

crusader104 | Cavaliers

1 | 3 hours ago

Do you think the blockchain just builds itself??

^/s

Bigtymers1211 | Warriors

4 | 4 hours ago

whoever say this sales of group ownership stakes are not worth investing that money, because the value will depreciate after Steph retired/gone, are absolute financial idiots and don’t know how investing works, and REALLY need to learn how actual investing/company holding works (like actually going to a real class on micro/macro economics, not the online/tik tok/youtube shorts).

This is not a sale of the Warriors’ 5% ownership stake, its 5% ownership stake of the COMPANY that owns, among many things, the Golden State Warriors. This is a sale to buy into a company that owned literally one of the most prime real estate in Bay Area, the Chase Center in Mission Bay, a completely privately-funded arena that is a cash printer since its the premier concert/event venue in the city now. Not to mention Mission Bay in general is one of the newest area of development in San Francisco. Whoever buys into it will literally see their investment grows (short of economic/political instability). Also, whoever buy into this group opens the door to all the other investment opportunity (because now that person will have connection to other investment fund/other business owners, etc)

Steph’s retirement will not affect the price/value of the Arena, as well as the development of Thrive City and the surrounding area. Honestly I will expect this sales will turn into a almost bidding war between groups, and I won’t be surprise if Steph wants a small piece of this 5% (similar to how Jay-Z used to be the “owner” of the Nets)

SharkBaitDLS | GSW

1 | 4 hours ago

Yeah. There’s a reason they built Chase center and moved out of Oracle with all the financial success they got from Steph’s play. They made sure to secure themselves for a future past his tenure on the team.

BwayneLAL007

-6 | 6 hours ago

I don’t see the value in Warriors post Steph so I’d be hesitant in investing into that if I had that type of money lol. The reason the Lakers and Celtics are valued so high aside from both being super popular is no matter what generation/ decade its in they always find a way to compete and win championships and stay relevant and such in Lakers case Lure superstars there.

I just don’t see any value in Warriors post Curry bc it may be a longtime before there good again and with the exception of like once like a longtime ago the majority of there franchises history they’ve either been ass or mid.

AdministrationNo312 | San Francisco Warriors

3 | 6 hours ago

Well, they would have cap money and it’s an attractive FA destination. With proper drafting and with a FA haul, i don’t think it will take them long to compete.

BwayneLAL007

-4 | 5 hours ago

They aren’t a free agent destination lmao. The only reason they have been considered a destination over last few years is bc of Curry and competing. A free agent destination is teams that regardless of who’s there are seen as top destinations for top players. Lakers, Knicks, even Heat to extent those markets players want to be regardless.

couchtomato62 | Warriors

-1 | 5 hours ago

Iguodala kd west. Those are the good/great free agents we got. Who else goes on this list.

BwayneLAL007

1 | 3 hours ago

KD is the only star of them and he went there bc of Curry. They are not and have not been a free agent destination prior to Curry and will not be one post Curry. I’m sorry that’s just the truth. Aside from Curry dynasty run and one other time before our lifetime the warriors have been ass or mid 95% of there franchises history. They have not shown consistent proof of being able to extract free agent talent and be relevant each decade and hang banners in each decade, compete for each decade etc.

Honestly post Curry i think they will be viewed similar to the kings in terms of potential of luring free agents and talent. Maybe if they have cap the allure of being in California will help them and if the player has no interest in say going to Lakers but has desire to play in California sure but I think that results in what we’ve seen out of the kings. Guys like Demar and those types of players.

The warriors no longer have Bob Myers who gets credit for building the Curry, Klay, Draymond then bringing in Iggy and KD dynasty. They have not been a team that has drafted well since Curry , Klay and Draymond. There is no blueprint they can follow that say has a 5 year plan of how to get back to competing at a high level. Hell rn they aren’t a good team and haven’t been for last few years basically a mid play in team. So what’s the insurances or things for a free agent to feel confident in that they’ll be a good managed team / good place to play, etc. Teams like say the Lakers or the Celtics or Heat , Knicks, etc are all very popular but have a history of success and being relevant and competing each generation or decade , etc. Plus obviously LA, NY, Miami are all more enticing locations for NBA players.

couchtomato62 | Warriors

1 | 5 hours ago

I think a free slate with this management group may turn the tides. People haven’t been lining up to come play with steph/draymond.

BwayneLAL007

1 | 3 hours ago

With Curry and Draymond. Not with the team itself. Take both of them off the team which will be the case in a uear or two and that’ll take them off as a destination. A free agent destination is a team that regardless of who there or isn’t is drawing in stars/ players who wanna play there for the team. There’s no history of that happening with warriors.

chris-dempsey |

-9 | 6 hours ago

SF is not an attractive FA destination unless the Warriors are contending and FAs want free rings. Cities like LA, NY, Atlanta, and even Washington are more attractive.

Robinsonirish | Finland

10 | 5 hours ago

Washington, really? I know I’m just a dumb European but is it really higher rated FA destination than SF?

AdministrationNo312 | San Francisco Warriors

6 | 5 hours ago

lol he said atlanta! 😂

Robinsonirish | Finland

3 | 5 hours ago

Again, I’m just a dumb European, and I’ve heard Atlanta is like the black Hollywood and a great place for black people to live, so I guess that one might check out?

AdministrationNo312 | San Francisco Warriors

4 | 5 hours ago

Atlanta is a solid market but it’s not a world class city like SF. However, they did host the olymics in 1996. Maybe i am under estimating that market. But historically, the hawks has been a trash franchise

couchtomato62 | Warriors

2 | 5 hours ago

We weren’t that attractive when we were winning. And definitely not now that we are mid. When 140mil opens up we will get players. And the warriors will fill seats. Warriors Ticket prices may come down a bit not for all the other events happening there. The property itself is probably worth 8 bil of it.

CrEdLover

-6 | 5 hours ago

With Sillicon Valley this franchise has the worst fans by far

Deusselkerr | Warriors

3 | 4 hours ago

idk man. I grew up in the valley and the sheer number of Asian kids who worship Steph and treat the NBA like a religion is insane.

CrEdLover

1 | 4 hours ago

Those kids are cool

Zigxy | Pacers Bandwagon

1 | 4 hours ago

Many of those kids are in their twenties now

Deusselkerr | Warriors

1 | 5 minutes ago

Playing pickup with them can be annoying as hell though ahaha

swgoh_gg

1 | an hour ago

you mean the most rich fans only after NY & LA?

Bay area tech money is insane.

sctthuynh | GSW

-6 | 6 hours ago

Sell high, because once Curry retires that valuation is definitely not going to be the highest in the league.

That said, the Warriors value won’t completely drop and will probably still be top 7ish, since they own the arena and being in SF (as opposed to next to the Oak AIrport) adds a ton of value to the franchise.

LezbianaGrande | Knicks

5 | 6 hours ago

Dynastic Teams don’t just fade away. They have that reputation now. Plus, the Bay is fucking awesome.

sctthuynh | GSW

2 | 5 hours ago

I hope you’re right and the Warriors follow the examples of the Lakers, Celtics instead of the Bulls… But I can’t say I have much faith in Lacob or our front office, which is headed by his son (used to be sons) and Mike Dunleavy.

MrFishAndLoaves | Pelicans

1 | 6 hours ago

The history means something now too. Steph’s impact will linger on the brand.

Fun_Reflection1157

-6 | 6 hours ago

It’s gonna be an attractive destination for FAs for years and years to come.

[Bloomberg] Golden State Warriors’ Parent Valued at $11 Billion in Stake Sale