Arctos strikes minority deal for Golden State Warriors
April 5, 2021
Arctos Sports Partners has agreed to acquire a 5% stake in the NBA's Golden State Warriors in a deal that values the team at roughly $5.5 billion, according to Sportico. Based in Dallas, Arctos has been raising a fund designed to purchase passive stakes in professional sports teams. This marks the first deal in which a PE firm agreed to invest in the NBA since the league loosened its ownership rules last year.