A group headed by Mandalay Entertainment’s Peter Guber and financier Joe Lacob will buy the Golden State Warriors for a record-setting $450 million, CNBC’s Darren Rovell is reporting.
The previous high was the $401 million Robert Sarver paid to acquire the Phoenix Suns in 2004. The New Jersey Nets sold to Mikhail Prokhorov for just $200 million — but the sale was just part of a much-wider deal that put millions of Prokhorov’s money into the financing of the Nets’ new arena in Brooklyn.
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