www.bloomberg.com
A minority stake in Golden State Group, the holding company for the NBA’s Golden State Warriors, is reportedly for sale. While the team isn’t on the block, limited partners are seeking to cash out, reflecting a broader trend of investor liquidity demands across professional sports. With the Warriors enjoying immense popularity and a new San Francisco arena driving revenue, the sale process is expected to attract strong interest and potentially value the franchise among the league’s highest. This is reminiscent of recent minority sales with the Timberwolves and Bucks.
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