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  • 06:57:24 pm on March 22, 2010 | 0
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    Warriors hire group to broker sale

    OAKLAND, Calif. — The Golden State Warriors are for sale — and Oracle Corp. CEO Larry Ellison has already made it well known he wants to buy the team.

    The Warriors said Monday that they have hired Galatioto Sports Partners, or GSP, to handle selling the franchise and serve as their exclusive financial adviser throughout the process.
    For the basketball-crazy East Bay, this news couldn’t have come soon enough. Fans know what the atmosphere can be for this franchise: electric, just like it was for the team’s rare playoff run in 2007.

    Supporters still turn out by the thousands for Golden State’s games even if the performances have often been rather depressing.

    While current owner Chris Cohan hadn’t given any indication he planned to put the franchise up for sale right away, there had been thinking that he would listen if a substantial offer was made.

    read more http://sports.espn.go.com/nba/news/story?id=5018317

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