After some contentiousness with the city of Oakland, the Warriors made good on owner Joe Lacob’s promise to pay for all the expenses from their second NBA championship parade three months ago.
The Warriors, who questioned why the bill from the city for the event was three times higher than the original estimate, released a statement Thursday after agreeing to pay the revised bill of $787,000.
“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,” read the Warriors’ statement. “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.”
Earlier this week, the City of Oakland had reduced the Warriors’ obligation by $29,000.
Given the disagreements over the parade bills with Oakland, along with Warriors’ beef with the Coliseum Authority over how much the team will owe for arena improvements, it may be fair to wonder where the Warriors would hold any future parades.
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