Warriors to unveil plans to move to San Francisco

Associated Press Modified: May 22, 2012 at 10:02 am •  Published: May 22, 2012

SAN FRANCISCO (AP) — The Golden State Warriors are ready to announce what many have long suspected: The franchise wants to move back to San Francisco.

The NBA team, Commissioner David Stern and San Francisco Mayor Ed Lee scheduled a news conference at 10 a.m. local time Tuesday to announce the decision to leave Oakland. The earliest the team could move would be 2017, when it can escape its lease at Oracle Arena.

The Warriors will unveil plans to build an arena at Piers 30-32. The waterfront site near the San Francisco-Oakland Bay Bridge — one of the most beautiful views in one of the world's most beautiful cities — is just blocks from the Giants' ballpark and the downtown financial district.

The announcement comes as no surprise to Bay Area fans.

Joe Lacob and Peter Guber have been working to return the team to the City by the Bay since buying the Warriors for a league-record $450 million in 2010. The Warriors played in San Francisco from 1962 to 1971 after moving from Philadelphia.

Lee sent a letter to the owners this month saying the city would work with Warriors executives to bring the team to San Francisco in time for the 2017-18 season. The note, signed by all 11 city supervisors and numerous business and labor leaders, floated the possibility of building a waterfront arena. It was sent a few days after Lee met with new Guber in Los Angeles.

Oakland Mayor Jean Quan responded last week by sending the team her own letter. Quan says Oakland is committed to keeping the Warriors in the East Bay.

That now seems like a lost cause.

Of course, building anything in San Francisco is never easy.

Overcoming the environmental concerns on the shoreline, the addition of a high-rise structure on the pier — not to mention the adjacent condominiums and businesses that could fight to keep their Bay Bridge views — and political wrangling in the politically charged city are among many obstacles for the project. The team was expected to release details of the financing plan at the news conference.

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