Back to the Golden State Warriors Newsfeed

Opinion: Warriors owner Joe Lacob's 50%-capacity plan for Chase Center is technocratic gobbledygook

Ten years ago, Joe Lacob and Peter Guber purchased the Golden State Warriors franchise for a then-record $450 million. Shortly before the COVID-19 pandemic hit the United States, the Warriors were valued at $4.3 billion.

The pandemic has since caused devastating real-world consequences for people whose net worths aren't immediately Googleable. That does not include Lacob, a bored venture capitalist billionaire who on Friday revealed an "ambitious" COVID-19 testing plan he's asking the state of California to consider that'd allow for Warriors games to be filled to 50% capacity at Chase Center by next spring. (Chase Center's capacity is around 18,000, so 50% comes out to 9,000 fans.