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Thursday, June 13, 2024

Executive Who Built Warriors Into $7B Powerhouse Exits

  • Myers led rebirth of NBA team en route to four NBA championships, two Executive of the Year awards.
  • Historic business success of the team developed significantly from on-court legacy built by former agent.
Darren Yamashita-USA TODAY Sports

A seminal figure in turning the Golden State Warriors into a sports colossus has stepped down as president and general manager after 12 years.

A prominent player agent before moving into team operations, Bob Myers was the architect for four NBA championship teams and a two-time NBA Executive of the Year.

With the foundation of sustained on-court success built by Myers, the Warriors became the NBA’s most valuable franchise and one of the world’s leading sports brands with an estimated team value of $7 billion. The Warriors also led the league in road attendance this season and routinely rank among NBA merchandise sales leaders. 

Myers also signed Stephen Curry to two historic “supermax” contracts collectively worth more than $415 million and helped turn the Warriors guard into a global superstar, as well as played an influential role in the development of the $1.4 billion Chase Center, regarded as one of the world’s top arenas. 

Upon Myers’ arrival in 2011, the Warriors had made the playoffs just twice in the prior 20 seasons, were worth just an estimated $363 million, and were widely considered a laughingstock of the league.

Beyond winning, Myers and his Warriors business counterparts — former team president Rick Welts and successor Brandon Schneider — turned the team into league leaders on numerous fronts such as arena operations, roster development, ticketing, and sponsorship sales.

If and when the 48-year-old Myers returns to team operations, he’ll be among the most highly coveted executives ever.

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