Stephen Curry — NBA owner? That’s one of the goals for the Warriors superstar guard after he retires. Curry discussed his desire to own a piece of an NBA team on CNBC’s “Squawk on the Street,” as Jessica Golden of CNBC relays.
“For me, that’s definitely on the table,” said Curry. “I think I could do a pretty good job of helping sustain how great the the NBA is right now and what it takes to run a championship organization.”
He’s in no rush to make it happens. Curry just signed a one-year, $62.6MM extension that will take him through the 2026/27 season.
“I know I have a lot more to accomplish on the court before I move into other roles in the league,” he said.
We have more on the Warriors:
- Who will be Curry’s backcourt partner in the starting lineup this season — Buddy Hield, De’Anthony Melton or Brandin Podziemski? That’s just one of the five big questions hanging over the Warriors as training camp approaches, Dalton Johnson of NBC Sports Bay Area writes. Lack of frontcourt size is another issue that may have to be addressed.
- The front office is still plugging away, looking for upgrades to maximize Curry’s remaining playing career, according to Steve Bulpett of Heavy.com. A league source told Bulpett he thinks the Warriors are still hoping to make a “big” move. “From the talks they’ve had — or tried to have — it sounds like they want to do something big,” the source said. “But they also don’t want to break things up too much. Moving Klay (Thompson) was big for them, but it wasn’t as big a trade as they probably wanted it to be. They want to add around Steph and Draymond (Green), but they’re finding that’s hard to do.”
- The Warriors are hard-capped at the first tax apron of $178,132,000 and are less than $1MM away from that hard cap. That means they can’t sign another player for even a veteran’s minimum standard contract until later in the season unless they shed some salary. Get the details here.
This is absolutely true. The Warriors are not done with fixing the roster. Far from it !!
They would love to unload Wiggins, Moses Moody, Gary Payton. That’s a lot of salary and if they throw in some first round picks, hopefully they can get a stud. I have no idea who that stud is but that’s the wish list.
I have a g feeling if Moody doesn’t take a huge leap forward after training camp he is the one gone first. If Wiggins is traded it more closer to trade deadline because right now nobody has flexibility for trades.
arc , yes, makes sense Moody is the most likely to be traded.
The biggest problem is that he’s about to get buried (again) behind Podz, Hield, Payton, Melton, Wiggins and JK as the 7th most likely player to get minutes at the 2 or 3. That’s going to reduce his trade value.
And, even if the Dubs move both Payton and Wiggins, Moody will still be under-utilized.
Circumstances have not been kind to Moses Moody. I continue to believe the Warriors when they say they value him, but they’ve got too many wings.
The way NBA franchise values have skyrocketed, Curry must be thinking that he wished he got in 20 years earlier.
So if he hopes to buy in say 5 years from now, what will the prices be at that time? Astronomical and still have the potential to increase from there?
I’m not so sure.
There will probably be a 10-year leveling off before NBA franchise values greatly increase again. As with the prices of many things, they Peak and level off for a season before Rising again.
It is illegal if the player owns the team and plays on it. Time machines are convenient for lots of things. Not making toast, unfortunately.
Lol, yup. But won’t Curry be retired in 5 years? I think his contract is three more. Maybe he plays two more after that maybe not?
Trade Payton, Waters, Cash, draft rights to…, future considerations and a 2nd to Chicago for Vooch
Waive Spencer sign Post to a two way
Start Heild and put Podz on the bench
Give more minutes to Moody.
No !!
Yes.
No !!
Hale no, unless you’re trying to build his value but even then it’s a crap idea.
You have to sell the other teams on Moody and his POTENTIAL to get better. You play him a lot of minutes and the whole world will see his casual, no killer instinct, jog around, banana cuts, type of play.
It’s still early enough you can sell another GM on Moses Moody’s body and arm length and shooting stroke.
I will remember what you say about Moody. Time will tell
You don’t think GS should trade spare parts they don’t need for a starting C ? It doesn’t have to be Vooch
You really believe Podz should keep starting?
I’ve repeatedly given my opinion on Moody on this website. He just doesn’t have the Killer Instinct to succeed as an NBA starting player on a championship caliber team.
He’s just a guy with a great body and oozing with potential. But I don’t believe that potential will be realized because the head doesn’t match the body.
The drive, the work ethic, the 4:00 a.m. workouts, it’s just not there. He’s just a guy out there jogging around getting lost on defense after doing a pretty good job covering his own guy. Once the switches and pick and rolls begin he’s worthless.
That’s just what I see in my opinion. He’s going to have to prove his worth in practice, nobody is gifted minutes. And if he doesn’t do that, he will get splinters before long.
I’d bet a dozen Dunkin Donuts that Moses Moody is traded between now and this year’s trade deadline. Take a screenshot..
HE’S GONE.
Not only for the fact that Moody leaves one Desiring for more, but the Warriors are big game hunting and a player in his salaries slot and Youth has to be included.
They have a starting center in Trace Jackson davis. They have a backup center who’s won multiple championships in Kevon Looney.
They have the third string Center which no team in the NBA ever plays yet Warriors fans are desperate for some of these third string centers, and he’s Quentin post. He could play some power forward because of his shot and young enough to stay with guys or he’ll be a stretch 5 and hopefully develop his game.
But yes third string centers don’t get too many minutes and he may not be on the big league Squad very often anyway.
So instead of a third string center of the Warriors would rather have another wing because Slow Mo can play small ball Center and we all know Draymond Green Plays Center quite a bit.
So there’s Five Guys on the current roster who can play center. You want a 6th?
Look at the guys everyone was crying for last year. The Woods guy in Houston signed with the Lakers played a little bit early because of the promise of the coach, then rode the pine and never got off the bench.
So many examples around the league. Javale McGee never plays, many more guys.
I’d rather have a wing who can slide over to small ball 5 for 2 minutes than a guy who’s 7 ft and sits on the bench all year. I think the Warriors feel the same way. Obviously.
I like Podski quite a bit. I think he is always in the right place at the right time which is obvious by his rebounding numbers. He has a nose for the ball puts in every ounce of effort into defense because that’s the type of guy he is, and offensively he’s good. Nice shot, finds the open guy, unselfish. I think he’s the best option to start.
Can someone tell me where these college basketball prospects are .
Vontevious Woolbright, Tommy Bruner, Isaiah Cozart, Jaedon Ledee, Clearance Daniels, Raheem Anthony, Drew Cisse, BJ Freeman, Armondo Babcot, Kelvin Brooks, Hunter Dickinson and Deshawndre Washington?
Guys like Bron and Curry are never going to be majority owners or have real say. They are going to be faces, but the ones with the most money still going to do what they want with the team.
I think you severely underestimate how much money Lebron has made over the last two decades
He is not Magic Johnson and Jordan wealthy yet. I think you underestimate how much other owners and big money people are out there. Usually owners have more than one team like Glazers, Allens, Benson, Harris etc that means they have 10s of billions not just a billion. Commanders sold for 6billion and they have been a terrible football team. Magic is only a minority owner while Harris is a majority with them, 76ers and NJ Devils. It takes years to get that money and LeBron is not there yet. Expansion team is 5 billion at best until a bidding war happens which is why partners are needed.
I’m pretty sure LeBron is Magic wealthy, I’d figure they’d both be worth a little over a billion. LeBron is a lot younger as well to build on that wealth. LeBron may not be a majority owner but he’s the type of name that makes your investment worth that much more.
They have similar net worth, can’t really measure the net income which Magic would have more due to years he has been in business and getting a return.
AncientOne , not so. An “owner” needs only put together a syndicate of investors, where these investors assign him their voting rights, so he becomes the “face” of ownership. That’s how Magic got control of the Dodgers and Lakob became Warriors’ principal owner.
This model leads to better decision-making through greater accountablity of the face to the syndicate, and is preferred by follow-on investors. See Matt Ishbia with Phoenix and Steve Ballmer with the Clippers for examples of catastrophic decisions that wouldn’t have been made if they had been accountable to broader ownership.
The new model for leadership of a pro sports franchise is CEO, not “owner”. I don’t know about Curry one way or the other, but I believe LeBron understands the requirement for professional management, and would have no problem raising several billion dollars and assemble a professional management team.
Watch what happens with the new Seattle and Las Vegas franchises within the next 5 years. Expect the NBA to give one of these to a player-led investor group.
Wrong.
Specifically, how is it wrong?
Why would you say that. My guess above was that the cost to acquire a team is so massive now that it would be tough. But why would you say those things?
Michael Jordan was the face AND made the decisions when he was team owner. But again teams weren’t as expensive then as they are now. Maybe Curry and LeBron go into one team together?
Gary , I assume you’re talking to me when you ask “why would they out say those things”?
It’s a misconception that “owners” are always using their own money. In some cases, i.e., Ishbia and Ballmer, it’s true. But it’s increasingly not the case. As in the examples I cited, an “owner” can be a manager of a syndicated group of investors. In fact, as franchises become worth north of $5B, there are only a handful of individuals in the country able to write a check for that amount.
I mentioned Lakob (a professional VC, who applies the same model to building tech companies) and Magic as examples. More recently, check out how Alex Rodriguez is becoming “owner” of $3B Minnesota TWolves team by creating a syndicate of investors that includes an entity owned by Michael Bloomberg. ARod is worth less than $200M (as was Magic).
Steph and/or LeBron can easily become an NBA “owner” by working with professional investors, much as Lakob and Peter Guber did. It works exactly as a startup, where the founders provide a limited amount of the equity. Both new NBA teams are expected to be capitalized using this model, regardless of who the principals are:
Nope, ancient one. Why would he say that LeBron and Curry would never be majority owners or have a real say? Jordan was a majority owner?
I should have stated the addressee. I like the points you make. Actually everyone makes great points here.
The franchise was cheaper when Jordan got in on Charlotte. His dollars also meant more with inflation. LeBron is big and has likely handled the money well or Rich Paul hopefully has. He just won’t have that majority owner income with teams costing 4-7billion. Going to be a bidding war.
Warriors are not done?
They’re done…
Good to know so when they win again we can say told you so.
I respect your opinion but they’re not done trying to improve the roster.
Many think this is the squad they’re going to ride out the year with, and that could eventually be the case. But I think and the article confirms it, that the Warriors are trying to improve the team and get some better players.
Without a real C or two on the roster
It’s over
Dana Garuder , You should be aware that Heavy.com is an irreputable source. They always use anonymous sources, and the article you cite is no exception. It’s their business model. If you look at their previous NBA stories, you’ll see what I mean.
I want to see HoopsRumors succeed. (I’m a paid subscriber.) You guys should keep a list of irreputable sites that you won’t aggregate. In linking to them, you reduce scorings that bring traffic to your site, as well as the trust of your existing members and subscribers.
I’m not a big fan of Heavy’s style of reporting, which has become increasingly common among other outlets as well in recent years — their “sources” often seem to be people who work within the NBA but are just sharing their opinions on a given subject, rather than inside/first-hand info.
Having said that, Bulpett worked for the Boston Herald for 35 years and isn’t in the business of making up quotes, so I disagree that he’s “irreputable.” I just think there’s a limit to how valuable that type of reporting is, and we generally treat it as such.
Luke , thanks for your thoughtful response, it’s clear you appreciate the subtle problem with what Heavy does.
I’d add this: Heavy’s model is to use an established reporter’s byline to manufacture a click-worthy story from “anonymous” sources, always with plausible deniability. It works so well that more reputable media, especially local, get hooked. If you go to the site daily, you’ll see how broadly this practice is used across all of Heavy’s content. All their bylines, across all sports, are reputable, even though the “formula” is questionable.
Here’s a recent example from Heavy, Jonas Valuncianas for Moses Moody and Kevon Looney, that got picked up in the Bay Area media, including on TV. If you read it, you’ll appreciate how it’s “imaginative”, but local media, in haste, took it more seriously.
link to heavy.com
Yep click bait articles are so annoying. Like how the media jumped on the Curry is leaving the warriors because he put up a team USA post.
Wrong