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!

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Bay Area

You must be a member of SB Nation Bay Area to participate.

We have our own Community Guidelines at SB Nation Bay Area. You should read them.

Join SB Nation Bay Area

You must be a member of SB Nation Bay Area to participate.

We have our own Community Guidelines at SB Nation Bay Area. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.