Peter Guber, chief executive officer of Mandalay Entertainment Group and co-owner of basketball’s Golden State Warriors, joined Magic Johnson’s contingent trying to buy Major League Baseball’s Los Angeles Dodgers, a person with knowledge of the situation said.
Joe Lacob and Peter Guber bought the Golden State Warriors for $450 million, spending a record amount for a team that had the second-worst record in the National Basketball Association during the current owner’s tenure.
Peter Guber, chief executive officer of Mandalay Pictures LLC, and Joe Lacob, a partner at Kleiner Perkins Caufield & Byers, won a bid for the National Basketball Association’s Golden State Warriors, CNBC reported.
Joe Lacob leaped out of his courtside seat as the final shot arched toward the basket. As it swished through for a Golden State victory, the venture capitalist and Warriors owner danced onto the court.
Basketball Hall of Fame member Magic Johnson and a group of investors that includes Guggenheim Partners Chief Executive Officer Mark Walter won the auction for the bankrupt Los Angeles Dodgers with a bid of more than $2 billion, doubling the previous record amount paid for a major U.S. professional sports franchise.
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.