Team owners Peter Guber and Joe Lacob are announcing plans to build an arena on Piers 30-32, near the foot of the Bay Bridge (piers, by the way, that are literally crumbling). It will be privately financed and should be ready in time for the 2017-18 season - assuming the owners get through all the SF political hassles. The Warriors have been playing in Oakland for the past 41 years. From the SF Chronicle:
Call them crazy or incredibly courageous, but Warriors owners Joe Lacob and Peter Guber - and team President and CEO Rick Welts - are certainly quick moving, big spending, risk taking, enamored with San Francisco and filled with big ideas. They're perhaps the counterpoint to the more conservative and careful York family, who own the San Francisco 49ers football team and are moving it to Santa Clara. "You don't achieve success by standing still," Lacob said in an interview with The Chronicle in his corner office at Warriors headquarters in downtown Oakland. "You really have to place a few bets." What the Warriors lack in success and swagger on the court, their owners and president make up in spades.
Guber, of course, is the Hollywood producer and former CEO of Sony Entertainment. But he's increasingly known as a sports mogul, especially after taking a minority stake in the Dodgers.