Golden States Warriors Expecting Huge Revenue Increase with Move
The Golden State Warriors are getting set to move.
Currently playing at the Oracle Arena in Oakland, the team is moving to San Francisco to play in the state-of-the-art Chase Center. The best team in the NBA over the past half decade doesn’t seem too worried about the move and in fact, they are excited. The Warriors are projecting a nine-figure increase in revenues upon their eventual move to the new arena.
That being said, the Warriors could face a combined payroll and luxury tax bill of over $300 million if they are to ink Kevin Durant and Klay Thompson to new contracts. General Manager Bob Myers did state earlier in the week that the team is not focused on a dynasty as much as they are eying longterm, continued success. That being said, an influx of revenue will help position the Warriors to be a legitimate contender for years to come.
It must be nice sitting atop the NBA.