BLOOMBERG Sportfolio December 15, 2013
Hello, im rick horrow and welcome to sportfolio, bloombergs weekly inside look at the business of sports. In july of 2010, hollywood producer peter guber and his partner bought the Golden State Warriors for 450 million. It was the highest price ever paid for an nba franchise. Since then, they have gone from perennial losers to bona fide championship contenders. The franchise has recently been revalued at 800 million, nearly twice what they paid three years ago. Did anyone see this coming . I asked him what he knew in 2010 that the rest of the world didnt. It hadnt been properly developed. I do...