Chris Cohan

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Christopher J. Cohan (born January 2, 1950 in Hanford, California)[1] is the former owner of the Golden State Warriors of the NBA. He assumed control of the team in October 1994 prior to the 1994-95 season[2] for a reported fee totaling at $130 million[1] and helped renovate the Warriors' arena (now known as the Oracle Arena). Under Cohan's ownership, however, the team experienced only two winning seasons and one trip to the playoffs, out of fifteen total seasons.[3] Cohan had founded Sonic Communications in 1977, which became one of the largest independently owned cable outlets in the country before he sold it in May 1998.[4]

He attended Arizona State University, and is an avid golfer.[5]

In May 2007, Cohan was reportedly fighting a $160 million tax-evasion charge in federal court in the aftermath of his 1998 sale of Sonic Communications for more than $200 million.[6]

In May 2009, an unnamed editorial writer in Sports Illustrated listed the top ten best and worst owners of basketball teams in his opinion, ranking Cohan as 4th worst. He criticized Cohan for sticking with coach Don Nelson as part of the Warriors' generally poor performance apart from their 2007 playoff first-round upset of the top-seeded Dallas Mavericks. He pointed out that Golden State was repeatedly rebuilding without much success.[7]

In the wake of such criticism and controversy, he finally sold the Warriors to Peter Guber and Joe Lacob for $450 million in July 2010.[8]

References[edit]

  1. ^ a b "SPECIAL REPORT / The man who owns the Warriors / Cohan's rocky reign / An era marked by lost games, lost fans and endless litigation". San Francisco Chronicle. 2002-02-10. Retrieved 2019-05-22.
  2. ^ "The Trouble Is at the Top / Owner Chris Cohan has left the Warriors in shambles, and he doesn't want to sell". San Francisco Chronicle. 2000-01-13. Retrieved 2019-05-22.
  3. ^ Team record
  4. ^ Golden State Warriors 2009-2010 media guide
  5. ^ Breaking down all 30 owners and what they're worth
  6. ^ Warriors owner accused of tax evasion, fights IRS-May 17, 2007
  7. ^ SI's Best & Worst Owners- May 8, 2009
  8. ^ Warriors sold for record $450M; Guber to use hands-on approach

External links[edit]