Joe Lacob has informed his fellow owners of the Golden State Warriors a deal he's considering with Goldman Sachs to raise up to $250 million to manage coming expenses.
Other NBA owners are investigating opportunities to raise capital as well.
The Warriors are an outlier, as they derive around 80% of their revenue from Chase Center and can clear more than $5 million for some home games, according to league and team sources.
The Warriors' payroll is expected to be above $150 million over the next few seasons.
"The Warriors have the ability to raise money that a lot of teams can't," one team president said. "Good for them. If our team was in that situation, we may have to trade players to deal with it."
Golden State's case is creating some concerns of a widening gap between the NBA's wealthier teams and those in smaller markets.