Warriors’ parent valued at US$11bil in stake sale

Top earner: Curry (30) drives past Atlanta Hawks forward Jalen Johnson in an NBA game at the Chase Centre. The Golden State Warriors’ dynasty is built around the point guard, who has career earnings of US$470mil. — Imagn Images

SAN FRANCISCO: A minority stake in Golden State Group (GSG), the holding company for the US National Basketball Association’s (NBA) Golden State Warriors, is up for sale, according to people familiar with the matter.

The 5% stake values the Warriors’ holding company at above US$11bil, the people said, asking not to be named discussing private information.