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Forbes valued the Golden State Warriors at $188 million when owner and CEO Joe Lacob purchased the franchise for $450 million in 2010, according to The Athletic's Bill Shea, and the Warriors have since increased their worth in Forbes' eyes to $4.3 billion.
"Forbes is more of a general indicator," Lacob told Shea for the story published Monday. "Its revenue estimates are understated for Golden State. We have much more revenue than the Knicks and Lakers."
Shea added: "Forbes estimated that the Warriors generated $440 million in revenue for the 2018-19 season versus $472 million for the Knicks and $434 million for the Lakers.