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Teams/Pacific Division

Golden State Warriors

Joe Lacob, a former venture capitalist, has led the group that controls the Warriors since 2010, when it paid $450M. Forbes values the team at $13.5B; it has had seven owners or ownership groups since 1946.

Team value$13.5BForbes, October 2026 · +23% in a year
Current owner paid$450M$450M, 2010
Growth since 1998104x$130M on the 1998 Forbes list
Owners since founding7Pacific Division

Every owner since the start

  1. 2010 to today
    Group led by Joe Lacob and Peter Guber

    Bought the whole franchise from Chris Cohan for $450M

  2. 1994-95 to 2010
    Chris Cohan

    Bought 25% for $21M in March 1992 and the other 75% for a reported $95M (Wikipedia gives $130M in all)

  3. 1986 to 1994-95
    Jim Fitzgerald and Dan Finnane

    Bought from Franklin Mieuli on 23 May 1986 for $18M, per a 1994 newspaper report (another account says about $14M)

  4. 1962-63 to 1986
    Franklin Mieuli

    One of the 1962 investors; bought out Diners Club and the other partners; prices not found

  5. 1962
    Venture led by Diners Club, with Mieuli and other Bay Area investors

    Bought the franchise from Eddie Gottlieb for $850,000 and moved it to San Francisco

  6. 1951-52 to 1962
    Eddie Gottlieb

    Team coach and general manager; bought the club for $25,000

  7. 1946 to 1951-52
    Peter A. Tyrrell

    Founded the team

Value over time

Forbes estimatePrice in an actual sale
  1. 12010 Lacob group buys, $450M
Forbes annual team values, 1998 to 2026. Forbes published no list in 2001, 2006 or 2010. Numbered lines mark changes of control.
Show the numbers
YearForbes value
1998$130M
1999$140M
2000$168M
2002$166M
2003$176M
2004$228M
2005$243M
2007$309M
2008$335M
2009$315M
2011$363M
2012$450M
2013$555M
2014$750M
2015$1.3B
2016$1.9B
2017$2.6B
2018$3.1B
2019$3.5B
2020$4.3B
2021$5.6B
2022$7B
2023$7.7B
2024$8.8B
2025$11B
2026$13.5B
YearSaleTeam valued at
2010Lacob-Guber group buys from Cohan$450M
2021Arctos buys 5% at about $5.5B$5.5B
2021Arctos raises stake to 13%$5.5B

Forbes valued the Warriors at $130M in 1998 and $13.5B in 2026, about 104 times as much. The biggest one-year jump was $2.5B, from 2025 to 2026; the biggest in percentage terms was 73%, from 2014 to 2015.

How the current owner bought it

  • Chris Cohan agreed on 15 July 2010 to sell the whole franchise for $450M. NBA owners approved unanimously on 12 November 2010.
  • The buyer was a syndicate led by Lacob and Peter Guber of Mandalay Entertainment. The team announced a 19-person ownership group on 15 November 2010.
  • Lacob first had to sell his minority stake in the Boston Celtics, held since January 2006.
  • Lacob said on 12 August 2026 that he does not intend to sell.

Partners in the team

PartnerStakeWho they are
Peter Gubernot publishedCo-executive chairman; chairman of Mandalay Entertainment
Arctos Partners13%Private equity fund. Bought 5% in early 2021 and reached 13% in December 2021, both at about a $5.5B valuation. KKR completed its purchase of Arctos in May 2026

Vivek Ranadivé, an original partner and vice chairman, sold in 2013 to buy the Sacramento Kings.

How the team is run

  • Lacob is governor, co-executive chairman and chief executive. His son Kirk Lacob is executive vice president of basketball operations.
  • The team owns Chase Center, the land under it and Thrive City, an 11-acre shopping and dining district. The arena was privately financed and cost about $1.4B.
  • Forbes puts debt at 9% of team value, including arena debt.
  • The group also owns the Golden State Valkyries of the WNBA. It agreed a $50M expansion fee in 2023, and Sportico valued that team at $850M in May 2026.
  • Sports Illustrated reported that the NBA fined Lacob $500,000 in July 2022. He had criticised the luxury tax, a league charge on high payrolls, while on its labour committee.

Quick answers

Who owns the Golden State Warriors?

Joe Lacob, a former venture capitalist, has led the group that controls the Warriors since 2010, when it paid $450M.

How much are the Golden State Warriors worth?

Forbes values the Golden State Warriors at $13.5B in its October 2026 list, up 23% from $11B a year earlier. That makes them the most valuable team in the NBA; in 1998 Forbes put the team at $130M.

How much did the current owner pay for the Warriors?

$450M (Joe Lacob, 2010). Forbes now values the team at about 30 times that price.

Who owned the Golden State Warriors before the current owner?

Chris Cohan (1994-95 to 2010). Bought 25% for $21M in March 1992 and the other 75% for a reported $95M (Wikipedia gives $130M in all)

Open questions

  • How the 2010 purchase was financed.
  • The size of the Guber stake, and who the limited partners are today.
  • Whether a roughly 10% block, offered in 2023 at about a $7B valuation, was sold.
  • Whether a 5% stake in parent company Golden State Group, offered in January 2026 at over $11B per Bloomberg, was sold.
  • Who sold to Gottlieb, and whether that sale was in 1951 or 1952.