Winning comes at a price.
The price tag for the NBA champion Warriors’ parade through Oakland? According to the East Bay Times, Thursday’s victory march will cost $4 million – and Warriors owner Joe Lacob and co-owner Peter Guber are picking up the entire tab.
The San Francisco Chronicle reported that Lacob and Guber talked it over with city officials and, in light of budget issues, decided to pay for it all.
A championship team’s city usually helps chip in for some of the cost. After Golden State won the title in 2015, The Mercury News reported that Oakland spent $137,000 on police and $106,000 for Public Works to clean trash.
The $4 million figure blew some potential estimates out of the water. Before parade and rally costs were known, the Chronicle’s Michael Bodley wrote, “it could run into tens of thousands dollars if it includes the cost of hundreds of police officers who patrolled the parade route.”
An estimated 1 million people attended the parade, CBS Sports reported.