Joe Lacob Rumors
In only five years, the Golden State Warriors ownership group led by CEO Joe Lacob and Mandalay Entertainment boss Peter Guber brought to Oakland the basketball franchise’s first championship in 40 years while turning around a money-losing business operation. At the same time, former venture capitalist Lacob has reinvigorated the team’s philanthropic foundation and created a game plan for a new, privately funded $1 billion-plus arena in San Francisco’s Mission Bay. It’s all part of the basketball fanatic’s passion for winning. “We’re a sports organization,” he said. “We’re supposed to win.”
Joe Lacob has two passions: winning and Mexican Pepsi. Anyone who knows the Golden State Warriors managing partner and CEO, and knows he’s coming to visit, stocks the small, slender bottles of the soft drink sweetened with cane sugar.
From big-talking, inexperienced owner with a penchant for rubbing people the wrong way, to poster boy for the modern pro sports owner, self-sustaining and innovative. “Winning gives you respect amongst your peers,” he said when asked if he’s now a power broker among NBA owners. “People are kind of blown away in the league by how we’ve been able to do it this fast and this well.”
Lacob said he discussed his role in the ceremony with president Rick Welts and Raymond Ridder, vice president of communications. But Lacob said they echoed exactly what he already knew was the right way to handle it. And it wasn’t to grab the microphone and ask the crowd “What was that you were saying three years ago?” “Bottom line,” he explained, “I think it is better for other people to comment and say they think you did a good job instead of you telling them you did a good job. Everyone I think knows we, I, did a good job. There is a part of me that would like to do what you’re saying. No question about it. But I don’t think it’s necessary. To make it about me really isn’t the right thing. Because of the booing thing, it certainly would be retribution. But it really, at the end of the day, should be about the players, about the organization, about the team, and about the fans. Right? And not really about me. I’m satisfied that people respect the job that I’ve done. I can live with that.”
We talked about Lacob and Guber officially taking over the franchise exactly five years ago today and West described what he saw especially in Lacob when they first talked about hiring him soon after. I asked West to compare Lacob to the great owner he worked under with the Lakers, Jerry Buss, and West noted that they got similar results but were almost exact opposite personalities.
“I had made a promise to myself [that] I would sleep with the trophy that night,” reveals Lacob, which rhymes with Jacob. “Nicole [Curran, his longtime fiancée] and I did sleep with it.” On one hand, we want to ask more questions; on the other, we don’t really want to know any more than he’s already shared. (Not that this animated hoops nut is going to tell us anyway.) “I’ll leave it to the imagination,” he says, grinning. “We had a lot of fun with it.”
An NBA Championship and a threesome within a few hours of one another? Life truly couldn’t get any better for Golden State Warriors owner Joe Lacob on that momentous June evening when his team finished its record-breaking season in grand style with its first league title in 40 years. Ah, but this ménage à trois was hardly what you’re thinking. “I had made a promise to myself [that] I would sleep with the trophy that night,” reveals Lacob, which rhymes with Jacob. “Nicole [Curran, his longtime fiancée] and I did sleep with it.”