Golden State Warriors president Rick Welts said the Chase Center, the team's new arena set to replace Oracle Arena next season, has already generated $2 billion in revenue.
On Thursday, Scott Soshnick and Eben Novy-Williams of Bloomberg provided comments Welts made on the Bloomberg Business of Sports podcast about the perfect storm of factors that have allowed the franchise to double their initial projection for immediate revenue.
"The perfect market, perfect time—the Bay Area is on fire," he said. "Couldn't be a better economic time. Couldn't be a better basketball team.