I've been writing a lot blogs lately about our beloved sports teams, as it seems like all of them are involved potential rumors of relocations. We all know about the Oakland A's, and the San Francisco 49ers. Now you can add the Golden State Warriors to mix as another team that could be playing in new city in a few years. In every situation it seems like money is truly the root of all evil. The Golden State Warriors last month were officially put up for sale by their current owner Chris Cohan. Oracle CEO Larry Ellison has been in hot pursuit of the team for some time now and may finally see his effort rewarded, what will be considered as another victory for Ellison (He owns the team that won the America's Cup boating competition this year) could be another lost for the city of Oakland.
It's been reported in the Oakland Tribune, the price for Ellison's dream could be in somewhere around $ 400-500 million dollars. Chris Cohan bought the team back in 1995 only spent $119 million, the Warriors were just as back then as they are currently. Their record was 26-56 in 1995, this year the team is 21-53. This could become one of many reasons why they could move across the bay to their former home, San Francisco were the team played from 1962-1971. The team has worn the old jerseys or "throwbacks" this season and fans seems to love. The move back to San Francisco would keep them in bay area, but probably result in BART attempting capitalize on the situation with a fare increase. It's already about $ 8.00 dollars round-trip from Coliseum Bart to San Francisco In the same way there might be a fare increase if the Oakland A's move to San Jose or Fremont.
It was also reported this week in the Tribune that a poll of San Jose residents shows a 62% approval of the A's moving to the city. The own conviction with that is they would expect the team to fund the construction of new stadium. This baffles me simply because San Jose is the “technology capital” of California and the country. You’re telling me, they don't have the money to fund a stadium for a team they so badly want? It clears money does make the world go around, and right the bay area sports world is spinning out of control on its axis.
Friday, April 2, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment