This day in Golden State history: Joe Lacob and Peter Guber agree to purchase the Warriors from Chris Cohan

10 years ago, Joe Lacob and Peter Guber agreed to purchase the Golden State Warriors from Chris Cohan for $450 million.

Stephen Curry, Klay Thompson, Draymond Green and Kevin Durant should rightfully be in line for most of the credit for the Golden State Warriors’ rise to perennial playoff contenders. However, the arrival of a new ownership group can change the outlook of a struggling franchise.

After a bevy of unsuccessful rebuilds over his tenure, owner Chris Cohan aimed to sell the Warriors in 2010. All signs pointed to Oracle’s billionaire owner Larry Ellison purchasing the Bay Area basketball team.

However, when the check was signed, it was Joe Lacob and Peter Guber walking away with the keys to the Golden State Warriors.

On July 15, 2010, Cohan sold the majority ownership of the Warriors to Lacob and Guber for the price of $450 million. A decade later, the rest is history.

Under the eye of Lacob and Guber, the Warriors hired Bob Myers, Jerry West and Steve Kerr to usher in the dynasty era of Curry, Thompson and Green.

Over the past 10 years with Lacob and Guber, the Warriors have been apart of five consecutive Finals appearances, three NBA championships, multiple All-Star appearances and Most Valuable Player awards. In 2019, the pair of Lacob and Guber moved the Warriors home from Oakland to a brand new arena across the bay in San Francisco.

In 2020, Lacob, Guber and the Warriors will take on a new task.

For the first time since 2002, the Golden State Warriors are slated to make a selection in the top five picks of the NBA Draft. After a league-worst 15-50 record, how Golden State handles the draft will be a vital first step in their return to the top of the playoffs.

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