Out of an abundance of goodwill toward the city of Oakland, the Warriors have
agreed to cover the entirety of the city’s revised estimated costs from this
summer’s NBA Championship parade — despite the fact that the revised amount of
$786,988 is more than double the $300,000 estimate the Warriors were provided by
the city in the lead-up to the parade.
This amount comes on top of the nearly $6 million the Warriors have already
spent to produce two victory parades in Oakland; most American cities cover the
majority of the expenses associated with victory parades.
We have made this decision despite our disappointment with the process and the
large disparity between the two estimates.
Media Content: http://www.nba.com/warriors/news/statement-20170928
Media Keywords: NBA, Sports, Golden State Warriors, Golden State Warriors
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Story Link: http://www.nba.com/warriors/news/statement-20170928