The Warriors privately financed a new $1.6 billion arena that opened in September 2019, thus increasing their expenses. The Warriors derive about 80% of their revenue from the Chase Center which the franchise owns with the ability to earn millions more per home game than other teams. 77; Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. That's the third-highest mark in the league, trailing only the Knicks ($4 billion) and the Lakers ($3.7 billion). "Unfortunately, you can't have a hostile takeover of a basketball team." The company's team participates in different ba, nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Last month, Sportico valued the Warriors at US$5.21 billion, ranking them as the second most valuable franchise in the NBA after the New York Knicks. We present them here for purely educational purposes. To which I then said, We're off to see the Oracle.' WebGet the latest official stats for the Golden State Warriors. Join our linker program. He was supposed to be vacationing with his fiance, Nicole Curran, but he was down to the final hours before the deadline to finalize the sale. WebGolden State Warriors. Published by Triumph Books. We did our due diligence. 2023 PitchBook. Operator of a sports team intended to participate in basketball matches. Daniel Gafford left tonights game with an ankle sprain. But that was at a time when the team had been posting $109 million in 2019 operating income, according to magazine. Our reasoning for presenting offensive logos. The viewers have also proven that they are still interested in the series despite the dominance of the Dubs, which could mean having millions watching once again. None of the most valuable NBA teams like the Knicks, Lakers or Warriors have yet tried to sell minority stakes until now, sources said, making this a good test case. How has the Suns' new starting group performed? The Warriors are considered the fourth-most valuable franchise in United States sports leagues. As Windhorst specifies, the Warriors position highlights the discrepancy between the big-market owners and the small-market groups, and that divide could become a tricky issue as the league navigates the financial impact of the pandemic. Our Standards: The Thomson Reuters Trust Principles. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Stephen Curry ($11,370,786) Total money all Warriors players made in 2015-2016. The luxury tax apron for the 2021-22 season is set at $143,002,000. News of Cohan looking to sell his 80 percent stake in the Warriors started in earnest in July 2009. Cohan never wanted to sell to Ellison and used the Oracle billionaire's presence in the process to ramp up the bids. Lacob was in Greece at the time. $88,868,997. The Golden State Warriors ownership group consists of leaders in a wide variety of fields including: sports, entertainment, e-commerce, mobile technology, communications and venture capital. But the money is hardly something to sneeze at., In fact, a Game 5 in Oakland alone comes close to paying Steph Currys salary for the entire 2016-17 season: $12.1 million. And if I didn't think so we wouldn't have done this." Master of Business Administration, Stanford University; Masters of Public Health, UCLA; Bachelor of Arts/Science, University of California, Irvine. Under the guidance of Joe Lacob and Peter Guber, the Warriors have established themselves as a top flight organization in a very short time. WebGet the latest official stats for the Golden State Warriors. WebNBA rumors: Warriors ownership sells five percent stake of team, franchise valued at $5.5 billion shares share tweet pin sms send email 2 years ago via Scott Soshnick @ Sportico Logos were compiled by the amazing SportsLogos.net. And these tough losses can be lessons learned, just how to close out, we havent done it yet; Nike statement on Ja Morant: We appreciate Jas accountability and that he is taking the time to get the help he needs. Stephen Curry ($11,370,786) Total money all Warriors players made in 2015-2016. Ten days later, Galatioto trimmed the field to four viable bidders, with Ellison and Mastrov as the only two known bidders at the time. Location: San Francisco, California Team Names: Golden State Warriors, San Francisco Warriors, Philadelphia Warriors Seasons: 77; 1946-47 to 2022-23 Record: 2912-3090, .485 W-L% Playoff Appearances: 36 Championships: 7 All rights reserved. Arctos Sports Partners expanded their investment in sports franchise ownership by more than doubling its stake in the Golden State Warriors to 13 percent, Yahoo Sports reported Thursday. However, it wont be all good news for them should they win in only four games. Stevens has been responsible for numerous, successful Sequoia investments including: Aspect Development, AtWeb, Billpoint, Commquest, Documentum, Mobile Peak, MP3.com, Nvidia, Pixelworks, Quicklogic, Quickturn, Stratum One, Summit Design and Terayon Communications. The Golden State Warriors make $201 million in revenue a year as a team. It was perhaps the best execution of Chris Cohan's tenure as owner. On March 22, 2010, the Warriors announced Cohan would be selling the team and had hired Galatioto Sports Partners to execute the sale. 100 Things Warriors Fans Should Know & Do Before They Dieby Danny Leroux covers plenty of the team's recent success with Stephen Curry, Klay Thompson, Draymond Green and Kevin Durant. The Warriors' current total cap hit comes out to $174,189,694 -- the highest of any team in the league -- which includes Shaun Livingston's final dead cap hit of $666,667. Former Knick slams Warriors stars over 'fake tough-guy' ri Canadian teacher with size-Z prosthetic breasts placed on paid leave, Another train derails in Ohio, forces residents to shelter-in-place -- just weeks after East Palestine disaster, I'm a professional cleaner ditch these 4 household products immediately, Buster Murdaugh got 'very drunk' with dad 2 months after mom, brother murdered: source, Tom Sandoval speaks out on Raquel Leviss affair: I deserve your anger, Shoeless Ariana Madix awkwardly tries to avoid cheating Tom Sandoval, Prince Harry was scared to lose Meghan Markle after fight that led to therapy, Memphis Grizzlies star Ja Morant allegedly flashes gun at a strip club, Ariana Madix, Tom Sandoval have awkward moment amid cheating scandal. Arctos, which includes former Madison Square Garden CEO David O'Connor as a founder, also has a stake in the Sacramento Kings, and Fenway Sports Group, which owns the Boston Red Sox, Pittsburgh Penguins and Liverpool FC. Per Windhorst, some owners may litigate against insurance companies or sell real estate assets as avenues to earn back cash. Weve managed to take a step closer to that goal today with Marks arrival., Mark will prove to be a tremendous asset to our organization as we strive to become one of the model franchises in professional sports, said Guber. The NBA gets a 25 percent cut of the playoff gate revenue, which means a $3,375,000 chunk would be taken out, but the Warriors are still left with an average of $10,125,000 per game. He beat Ellison. All bids were due July 6 and all four bids topped $400 million, according to Galatioto. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. The Warriors derive about 80% of their revenue from the Chase Center which the franchise owns with the ability to earn millions more per home game than other teams. Not selling, a source told The Post, is Joe Lacob of Kleiner Perkins, who currently owns the largest stake in the team at 35 percent. Golden State Warriors, San Francisco Warriors, Philadelphia Warriors, Seasons: Russias War On Ukraine: Daily News And Information From Ukraine, Bayern Munich Remain First But Must Switch Off Complacency Ahead Of PSG Fixture, More Ex-British Challenger 2 Tanks Are Bound For Ukraine As London Doubles Its Pledge, How Boston Celtics Head Coach Joe Mazzulla Earned His Title And Extension, Joe Harris May Make History And Other Interesting NBA Stats, 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. It was America's first win since 1982 and Ellison was onboard the BMW Oracle when it won. News of Cohan looking to sell his 80 percent stake in the Warriors started in earnest in July 2009. All told, sweeping the series in Cleveland and not returning twice to the Bay Area, as the Warriors did last year for Games 5 and 7, would cost the Warriors ownership group more than $22 million.. According to an anonymous sports banker interviewed by the New York Post, the Warriors true valuation is likely to be about US$4.4 billion today, with the coronavirus pandemic having hit the teams revenues to the extent that they are on pace to lose more than US$70 million this year. Available for purchase from the publisher, Amazon, Barnes & Noble and iTunes. in Economics (both magna cum laude) from the University of Southern California in 1981, an M.S. Arctos Sports Partners expanded their investment in sports franchise ownership by more than doubling its stake in the Golden State Warriors to 13 percent, Yahoo Sports reported Thursday. A year ago, Forbes valued the team at US$4.3 billion. The luxury tax apron for the 2021-22 season is set at $143,002,000. At this point, Ellison and the Lacob/Guber tandem were the two highest bids. Were extremely excited about the addition of Mark to our ownership group, said Lacob. That transaction price would value the Warriors at US$5 billion when factoring in their US$800 million in debt, says the report, which cites three sources close to the situation. About Joe Lacob Joe Lacob led an ownership group that in 2010 paid $450 million for the Golden State Warriors NBA team. Minority investors in the Golden State Warriors are gearing up to sell a five percent stake in the team amid losses incurred during the pandemic, three sources close to the situation said. It is also closing in on ownership deals with the Minnesota Wild and Tampa Bay Lightning. By January 2010, billionaire Larry Ellison was sitting courtside at Oracle Arena for the first time, watching LeBron James dominate. 'Daisy Jones & The Six' is breaking records and topping charts. All Rights Reserved. WebGolden State Warriors: Joe Lacob (majority), Peter Guber: GSW Sports LLC 450: 2010: Houston Rockets: Tilman Fertitta: Fertitta Entertainment 2,200: 2017: Indiana Pacers: Herbert Simon: Pacers Sports & Entertainment, Pacers Basketball, LLC 10.5: 1983: Los Angeles Clippers: Steve Ballmer: LAC Basketball Club, Inc. 2,000: 2014: Los Angeles Lakers If that happens, I have three options: I could borrow the money, I could sell part of the team or I could do a cash call and me and my partners would have to write checks.. We've been in it all the way. It also wont be a bad idea to eliminate the defending champions early, to prevent them from regaining their confidence, and pulling off another epic comeback, just like they did last year. WebGet the latest official stats for the Golden State Warriors. He joined Sequoia in 1989 as an associate and became a partner in 1993. The Warriors have 15 investors total, including Lacobs co-chairman Peter Guber, a Hollywood executive with a 20 percent stake. Palihapitiyas stake in the Warriors is approximately 10 percent. The Warriors won three titles during the decade and posted the best record in NBA history during the 2015-16 season with 73 wins. Data Provided By In February 2010, Ellison captured the 33rd running of the America's Cup, completing a 10-year personal quest that saw him spend $100 million. Weve managed to build a strong and well-rounded ownership group in which each individual contributes to our success, and Mark is no exception. @memgrizz status report, March 5 at @LAClippers: OUT. To explore Golden State Warriorss full profile, request access. The Warriors havent laid off or furloughed any employees, and Lacob is investing in technology and testing methods in an attempt to get fans back in Chase Center next season. The Golden State Warriors make $201 million in revenue a year as a team. WebNBA rumors: Warriors ownership sells five percent stake of team, franchise valued at $5.5 billion shares share tweet pin sms send email 2 years ago via Scott Soshnick @ Sportico The Oracle of Delphi. He brings an incredible track record of success in the business world, primarily as a venture capitalist in the Bay Area, and his expertise on many levels will certainly aid us in our quest to become a World Class organization. Mark Stevens Joins Golden State Warriors Ownership Group Report: Alex Rodriguezs ticketing startup Jum AFL sews up ten-year Fanatics partnership. Watch our How-To Videos to Become a Stathead, Subscribe to Stathead and get access to more data than you can imagine. Stevens, who was advised by Game Plan LLC in connection with his acquisition of Ranadives equity interests, currently serves on the Board of Directors of Nvidia and has served on the Board of Trustees of the University of Southern California since 2001 (co-chair of the Investment Committee and member of Finance and Executive Committees). -- Excerpted by permission from 100 Things Warriors Fans Should Know & Do Before They Die by Danny Leroux. Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. Its why the NBA last week agreed to expand its plan to sell minority stakes in teams to private equity firms beyond Dyal Capital Partners, the firm it initially hand-picked to handle all such sales, sources said. Related by education: Stanford University. The pilot of the helicopter, on his last trip before his union was going on strike, pressured Lacob to get on board but he refused to get off the phone until he got the thumbs-up. I still believe were gonna be a tough team to beat in seven games. Palihapitiyas stake in the Warriors is approximately 10 percent. That works out to $1.7 million earned per game or $49,000 earned by each player per game. The highest bidder got the team. "We did what we felt was right. Du, ectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore ma, To view Golden State Warriorss complete competitors history, request access, Youre viewing 5 of 18 executive team members. WebGolden State Warriors Signals Growth Rate 0.80% Weekly Growth Weekly Growth 0.80%, 93rd % -35.5%. WebForbes released its annual NBA franchise valuations Wednesday, and Golden State now is worth an estimated $3.5 billion. Operator of a sports team intended to participate in basketball matches. With the Golden State Warriors already at the brink of winning their second championship in three years, it is exciting times for the team, their fans and the whole of the Bay Area. This story has been shared 107,413 times. And minority investors often pay a discount to the valuation, meaning the price could come down even further. in Computer Engineering from USC in 1984 and an MBA from Harvard University in 1989. 2023 NYP Holdings, Inc. All Rights Reserved, Why the COVID lab leak cover-up is reminiscent of Chernobyl, How woke ideologies are upending American childhood, Bidens laughable, late-to-the-game crackdown on massive COVID fraud, Government misinfo has sparked a steep decline in the publics trust. The Golden State Warriors were largely rudderless Businessman Chris Cohan purchased the Golden State Warriors in October 1994 for $130 million, but he didnt enjoy much success on the court. It was perhaps the best execution of Chris Cohan's tenure as owner. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. The NBA gets a 25 percent cut of the playoff gate revenue, which means a $3,375,000 chunk would be taken out, but the Warriors are still left with an average of $10,125,000 per game. 413Kx Key Data Points Twitter Followers 5.5k Similarweb Unique Visitors 15.0K Majestic Referring Domains 314 Golden State Warriors Investors "We were going by helicopter to Delphi in Greece," Lacob said, "which is famous for the Oracle. The Warriors are said to have 15 investors in total, including Joe Lacob and Peter Guber, who own 35 per cent and 20 per cent of the team respectively. If the sellers get their $200 million asking price, the team led by star player Steph Curry stands to be the most valuable in the league. A five per cent stake in the Golden State Warriors has reportedly been put up for sale as minority investors in the National Basketball Association (NBA) seek to recoup losses resulting from the pandemic. If you are having difficulty accessing any content on this website, please visit our Accessibility page. WebVisit ESPN to view the Golden State Warriors team stats for the 2022-23 season. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. About Joe Lacob Joe Lacob led an ownership group that in 2010 paid $450 million for the Golden State Warriors NBA team. By widening the pool of potential buyers, the league is hoping to generate greater competition and, in turn, fuel further rises in team valuations, as well as offering limited partners a way of cashing in on their investments. Paul George: 'I still believe we're gonna be a tough team to beat in seven games'. Per Sportico, the Warriors are the second-most valuable NBA franchise behind the New York Knicks at $6.12 billion. They are worth as much as $6.03 billion, according to Sportico. Last year, the Warriors also were in third but checked in at $3.1 billion. The NBA is said to be relaxing its rules because it is concerned that sky-high franchise valuations are pricing out all but the wealthiest investors, with the average team now estimated to be worth nearly US$2.4 billion. He was clearly the fan favorite to buy the Warriors. How much the Warriors are worth (Forbes estimate) $1.9 billion. WebGolden State Warriors: Joe Lacob (majority), Peter Guber: GSW Sports LLC 450: 2010: Houston Rockets: Tilman Fertitta: Fertitta Entertainment 2,200: 2017: Indiana Pacers: Herbert Simon: Pacers Sports & Entertainment, Pacers Basketball, LLC 10.5: 1983: Los Angeles Clippers: Steve Ballmer: LAC Basketball Club, Inc. 2,000: 2014: Los Angeles Lakers It explains the potential earnings the team will not get the chance to make, and also gave a perspective of how big it is, by relating it to some of their players salaries. Reflects change since 5 pm ET of prior trading day. Copyright (c) 2017. Owners are looking to recoup money after taking a financial hit in 2020 and projected steep losses for the 2020-21 season, which could be played without fans in attendance. See here for a complete list of exchanges and delays. Get the full list, Youre viewing 5 of 14 board members. Bayern Munich is keeping pace with Borussia Dortmund at the top of the table ahead of the season-defining clash against Paris Saint-Germain on Wednesday. The Warriors have 15 investors total, including Lacobs co-chairman Peter Guber, a Hollywood executive with a 20 percent stake. The Golden State Warriors ownership group consists of leaders in a wide variety of fields including: sports, entertainment, e-commerce, mobile technology, communications and venture capital. Hints and clues to help you with today's Wordle. Location: San Francisco, California Team Names: Golden State Warriors, San Francisco Warriors, Philadelphia Warriors Seasons: 77; 1946-47 to 2022-23 Record: 2912-3090, .485 W-L% Playoff Appearances: 36 Championships: 7 NBA.com is part of Warner Media, LLCs Turner Sports & Entertainment Digital Network. This certainly makes a lot of sense as the prices of tickets for a potential Game 5 are expected to be very high. WebGolden State Warriors Signals Growth Rate 0.80% Weekly Growth Weekly Growth 0.80%, 93rd % -35.5%. Sal Galatioto had previously orchestrated the sale of the Phoenix Suns in 2004 for a then-record $401 million and had a similar game plan for the Warriors. All quotes delayed a minimum of 15 minutes. Many are already looking forward to them winning on Friday and sweeping the Cleveland Cavaliers, as they also have the chance to make history by becoming the first team ever to go 16-0 in the postseason. Lacob was a minority owner of the NBA's Boston Celtics for five years before selling to buy the Warriors. Learn more and register, Scores from any date in BAA/NBA or ABA history, Frequently Asked Questions about the NBA, WNBA and Basketball, Basketball-Reference.com Blog and Articles, Subscribe to Stathead Basketball: Get your first month FREE. The private equity firm is buying about five percent of the team, the people said. Hes an ideal fit.. Galatioto accepted blind bids from any groups interested in buying the Warriors with what he said was a hard deadline for getting the bid in. In this excerpt, Leroux documents how the sale of the franchise from Chris Cohan to the Joe Lacob-Peter Guber partnership unfolded. During his tenure at Sequoia, his investment focus areas have been in semiconductors, networking systems, software and energy. The country's leadership set this year's economic growth target at around 5%, a target more modest than some had previously projected as policymakers take into account a wide range of difficulties besetting the worlds second-largest economy. Stephen Curry ($11,370,786) Total money all Warriors players made in 2015-2016. While Warriors fans waited for a resolution, Lacob and Guber were behind the scenes finalizing the sale of the team. How much the Warriors are worth (Forbes estimate) $1.9 billion. in Electrical Engineering and B.A. "Although I was the highest bidder, Chris Cohan decided to sell to someone else," Ellison said in a statement released by Oracle. WebGolden State Warriors. The Warriors have 15 investors total, including Lacobs co-chairman Peter Guber, a Hollywood executive with a 20 percent stake. 2021-12-23 21:12:43 GMT+00:00 - Arctos Sports Partners expanded their investment in sports franchise ownership by more than doubling its stake in the Golden State Warriors to 13 percent, Yahoo Sports reported Thursday. Galatioto said it would have been unethical to back out on Lacob's group because Ellison's late bid was slightly higher. Aaron Nesmith (sore left hip) and Tyrese Haliburton (sore right calf) are questionable for Pacers-Bulls, Your California Privacy Rights/Privacy Policy. Another executive told Windhorst that he expects upcoming first-round picks to be shopped more than usual as teams look to save money: I may lose $50 million next season, one owner said. But it also explores the exploits of Run TMC, Latrell Sprewell, Purvis Short, Robert Parish, Sleepy Floyd, Manute Bol and Rick Barry, among others. Subscribe to Stathead Basketball: Get your first month FREEYour All-Access Ticket to the Basketball Reference Database. The Warriors derive about 80% of their revenue from the Chase Center which the franchise owns with the ability to earn millions more per home game than other teams. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. "I'm trying. However, if the first three games of the series is any indication of how theyll play in Game 4, the Warriors may end the season on Friday, as they have dominated the Cavs and showed they can win on the road. The Warriors are said to have 15 investors in total, including Joe Lacob and Peter Guber, who own 35 per cent and 20 per cent of the team respectively. I'm incredibly proud of the fact that we stayed out of the news. Please note that players may not be in the uniform of the correct team in these images. The Warriors' value was boosted in recent years by a move to the Chase Center on the San Francisco side of the Bay Area. The Golden State Warriors were largely rudderless Businessman Chris Cohan purchased the Golden State Warriors in October 1994 for $130 million, but he didnt enjoy much success on the court. 3P%:3-Point Field Goal Percentage; FTM:Average Free Throws Made; FTA:Average Free Throws Attempted; Stevens, who is a part time lecturer at the Stanford Graduate School of Business, earned a B.S. Warriors ownership group could lose up to $22 million with a sweep of the Finals. The future of this team and franchise is unbelievably promising and Im looking forward to contributing my part to help us achieve our goals.. 2023 Forbes Media LLC. The Golden State Warriors ownership group, led by Joe Lacob, is considering forming a partnership with investment bank Goldman Sachs to raise up to $25o million in capital to help the organization compensate for lost revenues due to the COVID-19 pandemic. This seemed to be a cinch for Ellison, who not even two weeks before the Warriors announcement ranked sixth on Forbes' list of the world's wealthiest people. See here for a complete list of exchanges and delays. Create your account and get enhanced access to all the latest stories. Other basketball teams too are losing money without attendance at the games and would rather sell stakes than cover losses, sources said. Personalize which data points you want to see and create visualizations instantly. Arctos Sports Partners expanded their investment in sports franchise ownership by more than doubling its stake in the Golden State Warriors to 13 percent, Yahoo Sports reported Thursday. Find out more. WebVisit ESPN to view the Golden State Warriors team stats for the 2022-23 season. Ranadive was required to relinquish his stake in the club after leading a group that purchased a controlling interest in the Sacramento Kings on May 31, 2013. Our reasoning for presenting offensive logos. In July 2010, the dysfunctional Warriors, who had been to one postseason in 16 years, were officially the most expensive franchise in NBA history. Going back to 2020, the NBA, MLB, MLS and NHL have changed ownership bylaws to allow private equity funds to invest in sports franchises. Hayes checked in after not starting the 2nd half because of a hand injury, played 1:34, and checked back out because of his hand. Follow Danny Leroux on Twitter @DannyLeroux. News of Cohan looking to sell his 80 percent stake in the Warriors started in earnest in July 2009. The NBA gets a 25 percent cut of the playoff gate revenue, which means a $3,375,000 chunk would be taken out, but the Warriors are still left with an average of $10,125,000 per game. After two games, Kevin Durant looks to be extremely comfortable in the Phoenix Suns' offense. That process and its success provided fans a glimpse into the relentlessness he would bring to the Warriors, along with endless pockets that could make the Warriors relevant in a changing, more expensive NBA. The owners dont want to put in more money, the source said of the planned sale. According to insiders, Ellison's bid was higher but Galatioto said Ellison's binding bid was late and the Warriors had already informed Lacob's group that they won the bid. $88,868,997. Grizzlies' Morant suspended at least two games after gun video, Mbappe beats PSG all-time scoring record as French champions extend lead, Wolff says Mercedes must go back to the drawing board, Teenage sensation Stolz becomes youngest world champion, Messi's boyhood club Newell's Old Boys display banner in support after threats, Woods skipping Players Championship, next start likely Masters, Kilde captures back-to-back World Cup downhill titles, De Ligt on target as Bayern climb back on top with win at Stuttgart, Fiorentina end Milan's winning streak with 2-1 home win, Southampton edge out Leicester to move off the bottom, Exclusive news, data and analytics for financial market professionals. You see the big picture of what we can be and what we will be, George said. Do you have a sports website? According to a report by the New York Post, a group of unidentified owners are hoping to sell their stake for US$200 million in the six-time NBA champions as part of an auction that has already begun. WebGolden State Warriors. The Warriors derive about 80% of their revenue from the Chase Center which the franchise owns with the ability to earn millions more per home game than other teams. Get viral NBA graphics, memes, rumors and trending news delivered right to your inbox with the Clutch Newsletter. The Warriors' current total cap hit comes out to $174,189,694 -- the highest of any team in the league -- which includes Shaun Livingston's final dead cap hit of $666,667. A link has been emailed to you - check your inbox. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. Norm Powell (shoulder) remains out. WebForbes released its annual NBA franchise valuations Wednesday, and Golden State now is worth an estimated $3.5 billion.