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Apr
30

San Francisco Giants trying to buy a basketball team?

By Allan

Henry Schulman of the San Francisco Giants LogoSan Francisco Chronicle tells us that the Giants are in talks to join a group or groups that are pondering bids for the Golden State Warriors. The Giants’ participation could range from a marketing and sponsorship partnership to a direct financial investment.

There’s a possibility of the Warriors moving from their current home in Oakland to a piece of land that is south of the Giant’s stadium AT&T Park in San Francisco.

The Warriors are estimated to be valued between $300-400 million. The Giants aren’t alone in the bidding process. The founder of Oracle, Larry Ellison and the founder of 24 Hour Fitness, Mark Mastrov, are believed to be interested in purchasing the team.

Categories : team