The Golden State Warriors are now worth $800 million in a new valuation, according to a source with knowledge of the terms.
The new term comes from the price Silicon Valley venture capitalist Mark Stevens agreed to pay for a share of the team that was made available when Vivek Ranadive had to sell it to buy the Sacramento Kings.
Stevens was presumably paying for the future -- not just the present.
The Warriors sold out 38 straight games last season and sold more than 3,000 new season tickets this summer to grow the season-ticket base to an all-time high of nearly 14,000.
The Warriors were sold to a group led by Joe Lacob and Peter Guber in 2010 for $450 million, though Larry Ellison offered a higher purchase price.