Nothing confirmed yet, but according to Matt Steinmetz, it's looking likelier that the Silicon Valley mogul is on his way to being the winning bidder for the Warriors.

An NBA source said Tuesday that he'd heard over the past week that Oracle software billionaire Larry Ellison, in tandem with the team's current minority ownership group, had emerged as the front-runner.

That same source also said that he understood that the group led by 24-Hour Fitness owner Mark Mastrov was second in the bidding.

Early Tuesday afternoon, a Bay Area-based source with knowledge of the bidding process, said that he'd be surprised if Ellison's group did not come out on top.