Report: Golden State Warriors up for sale

July 9, 2009 8:31:17 AM PDT
The Golden State Warriors basketball team may be for sale.

MOST POPULAR: Video, stories and more
SIGN-UP: Get breaking news sent to you from ABC7 News

The Contra Costa Times reports that multiple sources confirm team owner Chris Cohan is shopping the NBA franchise around.

The paper says Oracle CEO Larry Ellison showed some interest but the two couldn't reach a deal.

Forbes Magazine says the warriors are worth $335 million, but, the Times said potential buyers are trying to lowball Cohan because of the slow economy and reports that he has tax problems with the IRS.

       Today's latest headlines | ABC7 News on your phone
Follow us on Twitter | Fan us on Facebook | Get our free widget


Load Comments