Joe Lacob and Peter Guber's success at the helm includes three titles and five straight trips to the FinalsNBAE/GETTY IMAGES
Warriors co-Owners Joe Lacob and Peter Guber today "celebrate their 10-year anniversary of owning the team," according to Wes Goldberg of the San Jose MERCURY NEWS. Lacob said of his future aspirations for the franchise, "I want to win more championships. We have the opportunity to be really good and competitive for 20 years." Lacob's "bold proclamations" and Guber's "penchant for forward-looking business strategies have been a hallmark of the Lacob-Guber era that includes three NBA championships, five straight trips to the Finals and a $1.2 billion arena in San Francisco." Lacob and a group of investors in '10 agreed to buy the Warriors from Chris Cohan for $450M. The Lacob-Guber group "beat more than a dozen other bidders, including Oracle CEO Larry Ellison by $50 million." Lacob said, "I try so hard to stay positive, stay optimistic. Nobody wants to hear how bad it is. They want to be led." Lacob on such hires as GM Bob Myers, coach Steve Kerr and President of Basketball Operations & COO Rick Welts said: "It comes down to the top leadership. And you have to be willing to pay for those people. Sometimes people don't want to pay for that. It's the wrong decision. It's short-sighted. We're willing to shoot to be the best" (San Jose MERCURY NEWS, 11/11).
