Owner Chris Cohan is getting close to identifying the winning bidder to purchase the Warriors, multiple sources have told the Bay Area News Group.
Sports Business Journal tweeted Tuesday morning that the winning bidder would be announced by the end of the day.
The popular speculation was that Oracle CEO Larry Ellison was the guy. But a few sources with knowledge of the negotiations told Bay Area News Group that no agreement has been reached, though it is "really close" and could come Wednesday. Ellison's spokeswoman at Oracle, Deborah Hellinger, declined to comment.
In an unexpected twist, another potential owner has entered the mix. According to one source, Joseph Lacob, a part owner of the Boston Celtics and a managing partner in the venture captial firm of Kleiner Perkins Caufield & Byers of Menlo Park, is in the running.
Lacob was part of the potential ownership group that included Mandalay Entertainment's Peter Guber, Comcast SportsNet Bay Area reported in late June.
One source said not to count out Lacob, but one would think that Ellison, listed as the sixth richest man in the world by Forbes Magazine, could end the bidding whenever he'd like.
Ellison's group includes the Warriors' four minority owners, meaning Ellison wouldn't have to buy them out and would have to fork over only 80 percent of the asking price. Other bidders would have to buy 100 percent of the team.
Wright, 24, got a three-year deal worth $11.5 million. He appears to be the front-runner to start at small forward for the Warriors, with Reggie Williams also at the position.
"I had to keep it real with myself," Wright, who played his first six seasons with Miami, said in a phone interview, "and let myself know I might not end up back in Miami. I've been like a chicken with its head cut off. I am just happy I came into this situation."
The Warriors wanted a defensive-minded small forward to anchor their defense along with center Andris Biedrins. Wright, a 6-foot-9, 210-pounder, is the player Miami put on its opponents' best perimeter scorer.
He said he looks forward to being the same guy with the Warriors. Wright said he is more than a defender/spot-up shooter. —He shot 38.9 percent from 3-point range last season with the Heat.
"A lot of people don't know what I can do because of the system we (used) in Miami," Wright said. "I can be a playmaker."
And running the floor, can you keep up with the Warriors' pace?
"I'm a gazelle," Wright replied.