What A Guber!
Hollywood film executive Peter Guber and partner Joe Lacob outbid Oracle CEO Larry Ellison for the NBA’s Golden State Warriors.
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7/28/2010
by
ThatGuy
Hollywood film executive [and former husband of actress/singer Barbara Streisand] Peter Guber, along with partner Joe Lacob, outbid Oracle CEO Larry Ellison and purchased the Golden State Warriors NBA franchise [the Warriors play at Oracle Arena] for a record $450 million – although Forbes magazine recently valued the franchise, which has endured one of the worst records of any NBA franchise other than the Los Angeles Clippers, at $315 million
The previous record paid for an NBA franchise was $401 million paid in 2004 for the Phoenix Suns.
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