The Golden State Warriors' recent dynasty run may be in the rearview mirror, but they are reportedly still worth a head-turning amount.
According to Scott Soshnick and Eben Novy-Williams of Sportico, private equity firm Arctos Sports Partners is purchasing approximately five percent of the NBA team. The deal values the Warriors at close to $5.5 billion.
Soshnick and Novy-Williams noted Arctos Sports Partners was co-founded by Ian Charles and former MSG CEO David "Doc" O'Connor and plans on using $1 billion in assets across various sports franchises.
Only the New York Knicks were valued higher in Sportico's January rankings that placed the Warriors at $5.