The Golden State Warriors are moving from Oracle Arena in Oakland to San Francisco following the 2018-19 campaign, but they will still have to pay the remaining debt for the stadium's renovations stemming from a 1996 lease agreement following an arbitrator's ruling.
David DeBolt of the Mercury News reported the Warriors argued they no longer had to pay their debt for the renovations after they left, while those representing the city and county argued otherwise.
Arbitrator Rebecca Westerfield ruled Monday that the team has to pay the estimated $40 million remaining even after leaving Oakland for the other side of the bay.