Tag: Golden State Warriors

Kaplan calls Warriors owners ‘deadbeat billionaires’ after team loses arena debt court battle

Oakland City Council President Rebecca Kaplan won't be getting a Christmas card (or Hanukkah card) from Golden State Warriors owner Joe Lacob this holiday season. The California Supreme Court on Wednesday rejected the Warriors' appeal of a ruling requiring the team to pay its remaining arena debt, which began in 1996 as a 30-year, $140 … Continue reading Kaplan calls Warriors owners ‘deadbeat billionaires’ after team loses arena debt court battle →

Oakland City Council seeks to quell rapidly rising worries over A’s future

The Oakland City Council is asking the city administration to iron out its differences with the Alameda County Board of Supervisors, who are proposing to sell their half of the  Coliseum complex to the Oakland Athletics. “In the interest of reducing strife and litigation, the Oakland City Council has unanimously asked our Administration to meet … Continue reading Oakland City Council seeks to quell rapidly rising worries over A’s future →

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 →