User ID
Password
  Forgot User ID
or Register Today!
VegasInsider.com
Follow Us on Facebook Follow Us on Twitter Follow Us on Google+ VI Mobile Scores and Betting Odds
Home
NFL
NBA
NHL
MLB
NCAA FB
NCAA BK
Horses
Golf
Auto
Soccer
More
Betting Tools

 
Venture capitalist buys stake in Warriors

New Sportsbook.ag customers: Make your 1st bet, get your 2nd bet free, 100%, winnings paid in cash.
Join Now

Already have an account? Click here to view new Exclusive Rewards!

OAKLAND, Calif. (AP) - Silicon Valley venture capitalist Mark Stevens has purchased the minority stake in the Golden State Warriors previously held by new Sacramento Kings owner Vivek Ranadive.

Advertisement
The agreement announced Friday makes Stevens an executive board member, joining the ownership group led by Joe Lacob and Peter Guber. Terms of the purchase were not released.

Stevens is the managing partner of the investment company S-Cubed Capital in Menlo Park, Calif. He also is a special limited partner and former managing partner at Sequoia Capital, a global venture capital firm.

NBA rules required Ranadive to relinquish his stake in the Warriors after leading a group that purchased a controlling interest in the Kings in May.

AP NEWS
The Associated Press News Service

Copyright 2015
The Associated Press
All Rights Reserved

  
HEADLINES
News: Opening Night Odds
Ex-NBA star Darryl Dawkins dies
76ers donate $3.5M to nonprofit
Pacers, St. Vincent to open facility
Iguodala takes hardware to Tokyo
Clips fined 250K due to Jordan pitch
Kirilenko elected head of Russian hoops
Hornets sign Kidd-Gilchrist to extension
Utah Jazz sign center Jeff Withey
MORE HEADLINES
 
Why Buy Picks From VegasInsider.com
NBA Pro Basketball Handicapper Sports Picks Records
Live Odds
2014 NBA SEASON PICK RECORDS
Money Leaders
Handicapper Money
Stephen Nover + 4765
Kevin Rogers + 3535
Dave Cokin + 2175
Last 7 Day Leaders
Handicapper Money
No Games Last 7 Days  
   
   
Percentage Leaders
Handicapper Pct
Dave Cokin 64 %
Stephen Nover 59 %
Kyle Hunter 57 %
Guaranteed Leaders
Handicapper Money
Kevin Rogers + 3139
Dave Cokin + 1713
Stephen Nover + 1621
Over-Under Leaders
Handicapper Money
Jimmy Boyd + 1661
Stephen Nover + 1438
Kyle Hunter + 699
Member Leaders
Handicapper Money
Stephen Nover + 1975
Michael Black + 914
Marc Lawrence + 893
MORE PICK RECORDS
  
corner graphic
With a VI Gold Membership, you can SAVE 10% off a Live Odds subscription, SAVE 20% off Daily Pick packages, and receive access to up to 1,000 Member Plays each month!
VI Gold Membership