Warriors

What's next for Warriors' arena?

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What's next for Warriors' arena?

On May 19 Golden State Warriors co-owner Joe Lacob stated: It is going to happen, let there be no doubt, when speaking about the new arena the team is going to privately finance and build in San Francisco on Piers 3032. As the Warriors continue to unveil details on the deal there is a checklist of key points that will tell the tale at the start of the 2017-2018 season.

1.) Debt load and project financing: The partnership led by Lacob and Peter Guber paid 450 million to buy the team. Add on another 600 million of privately financed cash to pay for the arena and you are talking a cool billion. How they make the arena project into a positive cash register will be a tricky financial transaction.

2.) Bond payoff in Oakland: If they move theyll reportedly be on the hook for an estimated 70-95 million relating to the Coliseum arena retrofit. With the As and Raiders' future in Oakland a question, you would think that the city will fight hard to get paid if the Warriors leave town.

3.) Premium seating: It's assumed there will be price escalation in the new arena, but until the number of suites and their prices are revealed its a waiting game. Keep your eyes open for the new arena preview center which will be constructed a few years out to sell premium seats, suites and and season tickets for the new arena.

4.) Naming rights: This is a critical component of any privately financed sports venue. The 49ers have not announced a partner or the price tag for naming rights on their stadium. Industry estimates say they are shopping a deal between 300-400 million over 20 years. This number would help set the market for the Warriors. Pacific Bell (AT&T) paid 50 million to the Giants over 24 years.

5.) Breaking ground and driving piles: For a 2017 opener they will have to start actual arena construction 24-26 months out, which means the summer of 2015.

6.) The San Francisco Board of Supervisors: No matter what mayor Ed Lee says, navigating this project through the Board of Supervisors will be no slam dunk.

7.) The Past is prologue: It took the politically savvy Giants 16 years to realize the dream that became AT&T Park. The new football stadium that's being constructed in Santa Clara was preceded by 13 years of heavy lifting. Piers 3032 have had four previous unsuccessful attempts at development, including the most recent by the city and software billionaire Larry Ellison. The piers were going to be the hub for the events of Americas Cup 2013. The five-year construction timetable set by Warriors ownership is very ambitious.

8.) San Francisco seals: Anytime a construction project touches San Francisco Bay a significant (EIR) Environmental Impact Review process ensues -- especially for one of this magnitude. Dealing with CEQA (California Environmental Quality Act) guidelines tends to slow down even the most optimistic developers. The lineup of groups with oversight and input on the project will include:
Save The Bay
S.F. Bay Conservation and Development Commission
Port of San Francisco
California Coastal Commission
Baykeeper
Save the Bay
Bay Planning Coalition
California Dept. of Fish & Game
Bay Institute of San Francisco
San Francisco Board of Supervisors
California Land Commission
Sailors Union of the Pacific
Embarcaderians: any number of community groups that will look to preserve the unique nature of the Embarcadero.

9.) San Francisco Giants: On April 4, the Giants announced a mixed use residential and commercial development on 27 acres at Mission Rock. The Giants and their development partner Cordish will break ground in 2015. Initially it looked like the Giants and the Warriors were going to partner on this land for the new arena.

10.) Warrior fans: No doubt this is one of the most loyal groups in all of sports. The Warriors' season ticket base is one of the healthiest in the NBA. You can make a solid case that outside of New York, L.A., Chicago, Dallas, Miami and San Antonio, the Bay Area is the best market for NBA basketball in the country.

11.) Warrior worriors: Its critical to win when you are marketing a new building, as the 49ers proved last season. The Warriors need to reverse a playoff drought that has left them out of postseason play 17 out of the last 18 years. The next three seasons will be hugely important to the success at the negotiating table for the project to move forward on time.

Over his 40-year career, sports executive Andy Dolich has held positions at the San Francisco 49ers, Oakland A's, Golden State Warriors, Memphis Grizzlies and Philadelphia 76ers. He is the Sports Business Insider for Comcast SportsNet Bay Area.

Report: Knicks agree to trade Carmelo Anthony to Thunder

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AP

Report: Knicks agree to trade Carmelo Anthony to Thunder

Carmelo Anthony has finally gotten his wish. He's about to be free from the rebuilding and dysfunctional Knicks. And he's headed to one of the more intriguing teams entering the 2017-18 season.

The Knicks have agreed to trade Anthony to the Oklahoma City Thunder, according to multiple national reports.

In return, the Thunder would send center Enes Kanter, forward Doug McDermott and a 2018 second-round pick to New York.

The deal will reportedly be finalized on Monday.

Anthony is the second marquee acqisition by the Thunder this offseason. They traded for All-Star forward Paul George earlier this summer.

Being singled out by Trump should be among Curry's greatest achievements

Being singled out by Trump should be among Curry's greatest achievements

So I guess the Warriors don’t need to have that White House meeting any more. And who’d have guessed it – the reason is that noted Trotskyite, troublemaker and rouser of rabbles, Stephen Curry.

Donald Trump withdrew the mythical White House invitation to the Warriors – again, in a tweet, where he does his most hilarious thinking – and singled out Curry of all people as a reason worth mentioning.

Curry. The quietest, most mild-mannered of public figures, the one who seeks the most placid path of daily existence, seemingly the most traditional of family men. He’s the problem.

I’d say you can’t make this stuff up, but you clearly don’t have to.

I don’t live Curry’s life – a fact which I am sure he regards as a very good thing – but I would like to think that being called out by this President is among his five greatest achievements.

He can arrange his family, his two championships, his college career and his friendships above it in any order he wishes, but having an invitation to the place that guy lives withdrawn in a tweet should be in his top five.

The invitation was mostly a conversational media gambit, in fairness. Nobody ever thought the Warriors would be invited, or that they would have gone if they had been. You could not have gotten Steve Kerr or David West to go at gunpoint, just to name two.

But you also could not have gotten Trump to stand next to the Warriors. Theirs was and is a symbiotic relationship built on utter revulsion.

But the fun part here is choosing Curry as the fulcrum. It’s as if one of his advisers thought Curry was the weak link that would make the Warriuors feel bad about themselves.

Except that we pretty much know that Trump doesn’t submit his tweets to vetting.

In fairness, though, Trump did do us all a favor. We no longer have to speculate on what might happen if a mythical invitation was proffered. We mercifully got to the end-game because the President doesn’t shut up. And because the Warriors can’t hide their nauseated faces when the topic comes up.

But Trump’s involvement might have slightly improved the team’s street cred by being the first team to be aggressively not invited by the White House to honor a championship since the Reagan administration. The Warriors may cause a lot of people’s teeth to grind for being so Warrior-y, but they sassed back the most sassable President since Richard Nixon. That counts for something.

But Stephen Curry singled out as the leading Bolshevik in the crew – now that’s funny. His family must be incredibly proud.