Originally posted on RealGM  |  Last updated 8/16/13
The Golden State Warriors are now worth $800 million in a new valuation, according to a source with knowledge of the terms. The new term comes from the price Silicon Valley venture capitalist Mark Stevens agreed to pay for a share of the team that was made available when Vivek Ranadive had to sell it to buy the Sacramento Kings. Stevens was presumably paying for the future -- not just the present. The Warriors sold out 38 straight games last season and sold more than 3,000 new season tickets this summer to grow the season-ticket base to an all-time high of nearly 14,000. The Warriors were sold to a group led by Joe Lacob and Peter Guber in 2010 for $450 million, though Larry Ellison offered a higher purchase price.
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