The Golden State Warriors basketball team agreed to buy undeveloped land in San Francisco from Salesforce.com Inc. and will build an 18,000-seat arena at the site, said a person with knowledge of the transaction.
The Golden State Warriors’ new San Francisco arena will host concerts, ice dancing and dog shows to complement basketball games when the 18,000-seat venue opens for the 2018-19 season, team President Rick Welts said today.
By the time former Phoenix Suns executive Rick Welts’s I-am-gay announcement appeared on the front page of the May 15, 2011, New York Times, he already had revealed his secret to friends, co-workers and business associates.
Phil Jackson’s inability to land the coach of his choice is an “embarrassing situation” for the man granted total control over basketball operations of the New York Knicks, former Madison Square Garden President Bob Gutkowski said.
The Golden State Warriors professional basketball team says it isn’t obligated to keep paying debt service on $140 million of bonds to upgrade their arena in Oakland, California, after the team moves in 2018.