Warriors Make $2 Billion From New Arena Even Before Doors Open

[hyperbole]

Warriors Make $2 Billion From New Arena Even Before Doors Open

The Golden State Warriors’ new arena is already setting revenue records, even though the doors haven’t opened yet.

The National Basketball Association champions have taken in an unprecedented $2 billion in the form of tickets, suites and sponsorships, more than double the franchise’s estimate for the privately financed Chase Center in San Francisco, according to team President Rick Welts.

 

“The perfect market, perfect time -- the Bay Area is on fire,” Welts said on the Bloomberg Business of Sports podcast. “Couldn’t be a better economic time. Couldn’t be a better basketball team.”

 

[hyperbole]

The new owners licked out, bought for $450 million in 2010, now valued at $3.5 billion, even it might end up as the most valued NBA franchise  next year surpassing both knicks and lakers

this new arena will print money as there is no indoor arena in the city that can accomodate more than 10,000 people. This will be madison square garden of San Francisco 

[JollyBoy]

[tom bhayya]

Kottabothunnam