By Anthony Caruso III | Publisher
The NBA has banned Golden State Warriors minority owner Mark Stevens for one year. He was also fined $500,000.
“A team representative must be held to the highest possible standard and the conduct of Golden State Warriors investor Mark Stevens last night was beyond unacceptable and has no place in our league,” NBA VP of Communications Mike Bass said.
On Thursday, we reported that he was banned from the league. Also, the Warriors said earlier in the day that he would not attend anymore NBA Finals games.
Stevens shoved Toronto Raptors guard Kyle Lowry when he was going for a loose ball. The incident happened with a little more than 10 minutes left in the contest.
Lowry was going after a loose ball out of bounds when the incident happened.
“Mr. Stevens’ behavior last night did not reflect the high standards that we hope to exemplify as an organization,” the Warriors said in a statement. “We’re extremely disappointed in his actions and, along with Mr. Stevens, offer our sincere apology to Kyle Lowry and the Toronto Raptors organization for this unfortunate conduct. There is no place for such interaction between fans — or anyone — and players at an NBA game.”
Despite this decision, the Warriors say they are investigating the incident. The play happened at the 10:37 mark in the fourth quarter when Lowry was going after a loose ball.
Stevens — who is No. 962 of the wealthiest people in the world, according Forbes with a net worth of $2.3 billion — is a venture capitalist, who has owned a stake in the team since 2013. He took over the ownership stake after Vivek Ranadivé departed to become the majority owner of the Sacramento Kings.