While some enjoy speculating about the insanities of the Golden State braintrust, we Worriers don't: it's depressing, and it's generally based on ephemera and the insinuations of those who profit from insinuating. More to the point, there's no party left worth rooting for. When Larry Riley, a replacement-level cipher of a GM, is your standout front office figure, you know you're in the midst of some dark times.
But this regime is (crossed fingers knocking wood) on its last legs, and we should stand ready for the autopsy. And when you're examining a rotting fish, it's best to start with the head. So let's look at what we know and what we think we know.
The Owner
Tim Kawakami has done a crackerjack job of following this stuation on his
blog... an entry from
June 21st sums up the state of play pretty well. Basically, Chris Cohan started soliciting bids for the franchise in late April, with the help of auctioneer/sports financier extraordinaire
Sal Galatioto. Several groups submitted bids in late May. How many groups? Who were these groups? How much did they bid? Thanks to the usual Cohanic blend of secrecy, coyness and just plain bullshit, we don't quite know. But it's reasonable to assume that 1) Larry Ellison, who cleverly
allied himself with the current minority owners, is still the guy to beat, 2) Ellison's in no real rush, 3) a group led by 24 Hour Fitness founder Mark Mastrov is still in the picture, and 4) Cohan isn't likely to get the record $400+ million dollar offer he was hoping for. Awww.
Until a sale finalizes (which could be months), the acting basketball folks are in as pure of a lame-duck position as you can find on the current American pro sports landscape. All of them will almost definitely be fired when a new owner takes charge (and thank the good Lord for that)... in the interim, they're tasked with the job of keeping the team looking all shiny and young and affordable. How're they doing with that task?
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