Larry Ellison Rumored To Be New Golden State Warriors Owner

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.

  According to Marcus Thompson, it's down to Ellison and the 24 Hour Fitness founder.

The field of potential buyers was whittled down to four finalists: Mastrov's group, Ellison's group, a group head by Texas-based Wall Street financier David Bonderman; and one that includes Mandalay Entertainment Group chairman Peter Guber.

Last week, Warriors owner Chris Cohan, who hired Galatioto Sports Partners to sell the franchise, trimmed the list of prospective owners in half. Cohan chose the two highest bidders after each group submitted purchase of sale agreements, which included binding bids.

The winner could come later today. Stay tuned!

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