<div class="quote_poster">Quote:</div><div class="quote_post">Oracle and the Golden State Warriors today announced a naming rights agreement in which the Arena in Oakland will be renamed the Oracle. The 10-year agreement also includes additional exclusive team sponsorship elements with the National Basketball Association club.</div> http://www.nba.com/warriors/news/Oracle_Na..._Agreement.html First thing, I think that "The Oracle" is an awesome name for an arena. Second thing is that it's nice that Larry Ellison & Oracle are helping the Warriors, because there has been tradionally little interest in the naming rights. The Arena has never had its name changed since 1966. Heck, the Arena was rebuilt in 1997 and they've been actively trying to sell the naming rights for at least 5 years with very little luck, so Oracle is either expressing confidence that the Warriors will start winning or doing a favor to the Bay Area by helping the Warriors eat some of their costs. Next time I'm going to the Warriors game, I'm putting on some Morpheus sunglasses and saying "Let's see The Oracle." Related article chronicling the Warriors woes trying to sell the naming rights: http://sfgate.com/cgi-bin/article.cgi?f=/c...SPGQ2DJJ4M1.DTL Related article on NBA naming rights: http://www.leagueoffans.org/nbanamingrights.html
<div class="quote_poster">jason voorhees Wrote</div><div class="quote_post">The Oracle told Morpheus he would find the One.</div> And the "One" will take us to the promised land. The playoffs.
<div class="quote_poster">AnimeFANatic Wrote</div><div class="quote_post">And the "One" will take us to the promised land. The Finals. </div> Fixed.
Cool. I wish Ellison would just buy out the Warriors, but only if he's a fan of bball. If not he should stick with trying to buy out the 49ers and relieve the Yorks. Or he could buy the A's. I'm pretty certain that a guy like Ellison would hire the right guys to run his business and do it for profit and for the fans. I'm just glad we weren't the Ross center or Orangina arena.
Funny enough, Kawakami and GSoM wrote articles about their desires for Ellison to buy the Warriors, and we even talked about it here for a length of time last year. I can't see anyone who wouldn't welcome a change, except maybe Cohan.
I always cringed whenever I heard "Arena", because no team is willing to pony up the money for Warriors. 10 years for 30 mils is not bad at all, especially when they had troubles selling the naming right...
Meanwhile Oracle stock plummets. "Hello, I'm Marv Albert and we're here at The Oracle, where the Warriors look to find their first home win of the season. The Warriors have dropped 10 straight homestands, but will look to break to break that trend against the Portland Trailblazers tonight."
<div class="quote_poster">Kwan1031 Wrote</div><div class="quote_post">I always cringed whenever I heard "Arena", because no team is willing to pony up the money for Warriors. 10 years for 30 mils is not bad at all, especially when they had troubles selling the naming right...</div> Lets hope Cohan uses that 30 mil to buy out Foyle's contract
<div class="quote_poster">AnimeFANatic Wrote</div><div class="quote_post">Lets hope Cohan uses that 30 mil to buy out Foyle's contract</div> I don't know if that helps us avoid the luxury tax, but he counts against our player cap for the next few years. Might as well keep him and use his expiring contract to get some disgruntled star when the right time comes. But, if we can trade Foyle right now for a current expiring contract, I'd do that too. Some teams may not find the Baron Davis type star to use a Dale Davis contract on, but they could either let that Dale Davis type contract expire or they can trade for another type of big contract that will expire in a year or two to give the trading team more time. I'm hoping there is a hidden value to Foyle's contract structure. Like if somebody wants a star player gone and we want that player, then Foyle might save the day because he will expire in a few years and help match the incoming transaction, along with a few other contracts to balance it out. I also hope that Foyle serves as a lesson as to why Mullin shouldn't overpay veteran backups that don't start. I mean it's great he can rebound sometimes and he can block a lot of shots (franchise all-time leader), but one has to weigh the other things like passing skill, court awareness, how many plays he was involved in that led to a basket, how many plays was he involved in that led to a stop, how many plays was he involved in when it came to a turnover or missed high% opportunity. Etc. A baseball player can wind up with a lot of homeruns, but we may not see how many outs he's caused or we may not see what situation he was to prove his effectiveness. Marquis Grissom had a good to decent batting average of .280 or .300, but he kept messing up with runners on base or runners in scoring position. To me the stats lie. It's like with Foyle, Murphy, and all these other guys that look good in areas, but are severely lacking in others which stymies the ways in which we can play to match up with other teams. However, since Nelson knows that JRich isn't really a guard, we can play our backcourt more like a real backcourt. That was a smart move to make him a SF, and put in real guards to offer penetration when the point guard position gets collapsed on. However, inside presence is lacking and that worries me. Even all the fast running teams have at least one inside player.
Well, if you are looking for any hidden value for Foyle, we can receive some garbage with longer contract for Foyle... If you call that a hidden value. With him not playing at all, we basically wrote off Foyle's contract. So, expect him to be a Warrior for some time. I don't think all 30 mils will go to Warriors though. Some will probably go to the city. I wonder what will happen if the owner of Oracle actually buy a club. I don't know, but I have a tiny suspicion that Cohan may sell the team once this team makes PO and raise the value enough. If that happens, the owern of Oracle should be all over it. I am getting less and less confident that Cohan will at least bite a litte bit of luxury tax, because we are having a trouble inking both Robertson and Barnes because of luxury tax. If Cohan will not bite the luxury tax at all, we will be in serious trouble. Mullin certainly put this team's finance into the corner, but he certainly has been lucky. So, who knows? If we have to bite the luxury tax, maybe Cohan will sell the team...
<div class="quote_poster">Quote:</div><div class="quote_post"><font size="2">Larry Ellison once tried to buy the Golden State Warriors. </font> <font size="2">Now, the Silicon Valley billionaire gets to name the basketball team's home arena. </font> <font size="2">Oracle Corp. and the Warriors have signed a 10-year deal to rename the Arena in Oakland as Oracle, the two companies said Friday. The deal is believed to be worth approximately $30 million.</font> <font size="2">http://www.sfgate.com/cgi-bin/article.cgi?...SPGILLTOJ61.DTL </font> </div>I hope Ellison can buy out Cohan one day. One, he's richer than Cohan in a game of super rich men. Two, Ellison didn't inherit money, he went out and made it. Along with the people that made Oracle successful, he's basically a self made man and I respect that. Three, I figure a CEO/co-founder of a successful billion dollar enterprise would know all they can about the hiring process and wouldn't look for cosmetic changes to the front office. Who the hell cares if 2/3's of Run TMC is in the front office, are they any good and will they hire the right people beneath them? I was excited about Mullin in the beginning because he played a part in 2003 to build a decent team and clear cap, but man it was almost like wtf happened in 2004 offseason? Make one good move and make two bad moves... Anyway, I think removing Cohan and replacing him with a self made billionaire would be a start. I mean what has Cohan done? He's basically not even that rich in a game of super rich men and he inherited most of his stuff. And he's ultimately behind the scenes on a lot of bad moves. He's also basically like the 49ers' Yorks. They are family inherited money or business and they try to do things that the original people made successful because they were smarter and more creative, but they can't replicate it. I'll take new money anyday over old money who are incompetent and don't do the things that their parents or relatives did to make the family successful in the first place. I mean that could be unfair to guys like Cohan and the Yorks to judget them like that, but it seems to be a trend in bay area sports. At least the Oakland raiders owner has made the Raiders successful, but they've fallen into the San Francisco Giants debacle where they need to grow their own stars rather than get these overpaid older players. If any team avoids that "renewal" cycle of winning/losing then they can be really bad for many years.
