Mark Stevens Stands To Make $180 Million In Profit If Forced To Sell Warriors Stake For Shoving Kyle Lowry

With five straight appearances in the NBA Finals and a new $1.3 billion arena, Chase Center, set to open for the 2019-20 season, the value of the team has soared to $3.5 billion, according to. The 367% jump in value is the largest for any NBA team over that stretch.

The privately financed Chase Center will be the first major arena in San Francisco. It is part of a revitalization of the Mission Bay neighborhood, and the development will include restaurants, offices, public plazas and a public waterfront park. Before the doors open, the team hasin contractually obligated revenue for things like sponsorships, luxury suites and tickets.

There will be a lot of eyeballs on the opening, planned for September. The team does not need the distraction of Stevens’ ownership weighing on it. Sales of minority stakes in sports teams are not an exact science. They are often done at discounted valuations because the minority owner does not have any control over the direction of the franchise. But it is safe to say that Stevens will make a tidy profit if his fellow Warriors owners force a sale. Stevens owns an estimated 8% stake in the team, which could mean a profit of roughly $180 million, after factoring in team debt, on his original investment six years ago.

kbadenhausen YES Happened to the Panthers owner.

kbadenhausen Send him to Canada we want some of him

kbadenhausen Another white man that felt like he could do whatever he wanted to that black man. He would've never pushed a white player.

kbadenhausen it's not about the money it's about the clout. He was a part of arguably the best team of all time. Free Courtside seats and VIP treatment, at ARENA's all over the country. Social standing matters regardless of wealth.

kbadenhausen Say! Why the hell are you protecting Mark Stevens by not showing the photo of his shove of Kyle Lowry?

kbadenhausen $180M would only represent his stake. The punishment would be missing out on the opportunity to see his value increase as well as every other privilege that comes with being an owner.

kbadenhausen Well, they can’t just take away his investment, especially over this, so the punishment would be losing his ownership plus the fine of 500k he has to pay. The penalties for that push have been more than fair. Sterling made money off sale of clips too.

kbadenhausen Should have kicked Stevens ass

kbadenhausen Good penalty, if he does something similar again then maybe a more severe step, but not now. Everyone should get a warning.

kbadenhausen Forcing a sale because of a shove seems excessive. I understand trying to set a precedent of not touching players. It will only escalate.

kbadenhausen Why is every picture shown to make Lowry look like an aggressor and the banned investor, who is actually at fault, as someone being attacked?

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kyle Lowry was pushed by Warriors investor Mark StevensIn Game 3 of the NBA Finals, Toronto Raptors point guard Kyle Lowry was pushed by a man sitting in the front row. It turns out the 'fan' is Golden State Warriors investor Mark Stevens — and he won't be attending any more games in this series. Key word: 'THIS'. moneytalks Mark A. Stevens now a leading GOP contender.
Source: CNN - 🏆 4. / 95 Read more »

Warriors investor Mark Stevens has ‘no excuse’ for pushing Kyle LowryThe part-owner said he would “fully accept” the NBA ban and $500,000 fine as punishment. What if his name was Drake?
Source: MarketWatch - 🏆 3. / 97 Read more »

Who Is Mark Stevens, The Silicon Valley Billionaire Banned From The NBA Finals?The courtside fan who pushed Toronto Raptors player Kyle Lowry during the third game in the 2019 NBA Finals was a Silicon Valley billionaire. AngelAuYeung AngelAuYeung That wasn’t even a great shove. AngelAuYeung 🗣️NERD!
Source: Forbes - 🏆 394. / 53 Read more »

Who Is Mark Stevens, The Silicon Valley Billionaire Banned From The NBA Finals?The courtside fan who pushed Toronto Raptors player Kyle Lowry during the third game in the 2019 NBA Finals was a Silicon Valley billionaire. Did Lowry had to fly to the stands to save that ball? So annoying And he should have kept his filthy hands to himself. Great Marketing Strategy
Source: Forbes - 🏆 394. / 53 Read more »

Tech investor Mark Stevens banned from NBA games and fined $500,000 after shoving Raptors' Kyle LowryMark Stevens previously served as a partner at Sequoia Capital and is a part owner and executive board member of the Warriors. $500,000 That is insane. I wouldn’t pay it. No damn way. You babies if I was shoved as a kid growing up I got up and I lived with it. Nobody gave a F K about me either. But sure, $500,000 fine and lifetime ban Kyle Lowry is a class act! Good for him!! He did the right thing, good role model. My new favorite player.
Source: CNBC - 🏆 12. / 72 Read more »

Mark Stevens, Silicon Valley Billionaire, Banned From NBA Games, Fined $500,000The courtside fan who pushed Toronto Raptors player Kyle Lowry during the 3rd game in the 2019 NBA Finals is a Silicon Valley billionaire by AngelAuYeung AngelAuYeung Everyone is having a good time and it takes a White Man to ruin it for everyone, not only did Mark Stevens push him he also made vulgar comments toward Kyle AngelAuYeung he must be drunk i guess AngelAuYeung What's he trying to do?
Source: Forbes - 🏆 394. / 53 Read more »