Taxpayers win, Warriors lose; arbitrator rules team is on the hook for $40m arena debt

The Golden State Warriors rarely throw up an air ball, but they did Monday after an arbitrator ruled the team must continue paying its $40 million share of the Oracle Arena bond debt. Warriors owners had argued they were no longer on the hook for annual payments on the 30-year bond, issued in 1996 for … Continue reading Taxpayers win, Warriors lose; arbitrator rules team is on the hook for $40m arena debt