Truth & Rumors > NBA
Old landlords after $70M from Warriors?
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08:06 AM ET 05.31 | Playing in San Francisco won't come cheap for the up-and-moving Warriors. [East Bay] officials say the team could still be on the hook for upwards of $70 million to their old landlords at the Oracle Arena in Oakland. Oakland and Alameda County spent $140 million to modernize and expand the arena in the mid-1990s under the Warriors' previous ownership. As the building's main tenant, the team has been paying as much as $7.4 million a year to help pay off the bill. Under the Warriors' lease, if the team pulls out "for any reason" before the construction bonds are retired in 2026, the Warriors still owe the money -- minus whatever events the arena can book to replace NBA games.
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Emily DiDonato
Cintia Dicker


Comments (9) Add A Comment
Ouch.
VisionQuest
Swansboro, NC
Total Comments (1454)
Money Talks, Bros.
I Love LA
Total Comments (5646)
Yikes!
Eli...
Chicagoland, .
Total Comments (15865)
Oh damn who the heck signed that deal? Dumb
ESPN
Atlanta , GA
Total Comments (2041)
If you ever get to Oakland someday you'll understand the move to SF.
THE BISHOP!
Total Comments (13572)
I live in Oakland so y'all can suck on your Daddy d##k you racist bum
Oakland
Oakland , CA
Total Comments (5)
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