Tag: Chase Center

Read More

Lessons to be learned from the Golden State Warriors’ business and real estate strategy

This article was originally posted for Red94.net on June 18th, 2019.

With the NBA Finals now having passed, I found myself reflecting on the successes of the Golden State Warriors these past five years, and how the team became the greatest NBA dynasty of its time. As a Rockets fan, it sometimes pains me to discuss the Warriors, a team that has been responsible for Houston’s four out of its last five exits from the NBA playoffs. However, the Rockets can learn a great deal not only from the organization’s careful roster construction but also its business operations.

They say ownership is the greatest competitive advantage in sports, but owning one’s real estate is certainly a close second.

Much has been discussed how the Golden State Warriors successfully managed to build arguably the greatest roster of NBA talent ever assembled. First, the team drafted extremely well, choosing Stephen Curry in 2009, Klay Thompson in 2011 and Draymond Green in 2012, setting up its core championship foundation. Next, the team pivoted away from head coach Mark Jackson in 2014, hiring Steve Kerr as his replacement. In Kerr, the franchise developed a stronger identity and its now famous “assist-first” culture – the team went from being sixth in assists during 2013-2014 to leading the league in all seasons subsequently thereafter. Finally, as a result of a collective bargaining agreement between the league and players’ association, the salary cap jumped from $70 million in 2014-2015 to $94 million in 2015-2016, allowing the team to add arguably the greatest player of this era’s current NBA generation in Kevin Durant to an already 73-win championship team. These were perhaps the three most important developments on the basketball side that allowed the Warriors to dominate the league over the last five years. Credit to General Manager Bob Myers is well-deserved.