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Lacob, Guber have deal to buy Warriors

Updated: July 16, 2010, 7:57 AM ET
ESPN.com news services

OAKLAND, Calif. -- Golden State Warriors owner Chris Cohan reached an agreement Thursday to sell the franchise for a record $450 million to Boston Celtics minority partner Joe Lacob and Mandalay Entertainment CEO Peter Guber.

"I am incredibly excited to have the opportunity to be the next steward of this storied NBA franchise. This is my dream come true," said Lacob, who is also the managing partner with Kleiner Perkins Caufield & Byers. "Peter and I intend to do what we do best -- innovating ...

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