Warriors Confirm Plans to Move to San Francisco

By: Ja'Mein Beale - Tue, 22 May 2012 14:10:03 -0800

SAN FRANCISCO (BCN) - The Golden State Warriors have announced what many have long suspected: The franchise is moving back to San Francisco.
     
The Warriors, who have spent the past 41 years across the Bay in  Oakland, plan to build a new San Francisco arena by 2017 at Piers 30-32, the  site of Tuesday morning's news conference.
     
Team co-owners Joe Lacob and Peter Guber, NBA Commissioner David  Stern and San Francisco Mayor Ed Lee were among those on hand Tuesday at the  site, located just south of the Bay Bridge.
     
"This has been a remarkable journey for us," said Lacob, whose  ownership group bought the team 18 months ago. "We hope to be here for a very  long time."
     
The Warriors have a lease at Oracle Arena in Oakland that runs  through the 2016-17 NBA season. The arena is next door to the O.co Coliseum,  home of the Oakland A's baseball team and Oakland Raiders football team.
     
The new arena in San Francisco, which will be privately funded,  would be open in time for the 2017-18 season.
     
Lee has openly worked to woo the Warriors back to San Francisco,  where they played for nearly a decade until 1971, when they moved to Oakland.
     
"It's time to welcome them home," Lee said today.
     
He said the team's move will create thousands of jobs and result  in "enormous economic growth for the city."
     
Officials in Oakland were not immediately available for comment on Tuesday's announcement, but Oakland Assistant City Administrator Fred Blackwell  released a statement on Monday when rumors were swirling that an announcement  was imminent.
     
"We are still in direct dialogue with the Warriors about the  opportunity to build a new arena. We have always been aware that they are  exploring all their options, including a San Francisco site," Blackwell said.
 
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