Warriors arena to bring millions of dollars to San Francisco


November 10, 2012 12:30:17 PM PST
The financial benefits the Golden State Warriors would bring to San Francisco are estimated at $54 million.

The Warriors plan to build a new 17,000 seat waterfront arena at Piers 30 and 32.

According to the San Francisco Chronicle, a new study released Friday projects $54 million in one-time revenue followed by $19 million each year after that.

The estimate assumes the multi-use arena would hold events outside of basketball season.