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.
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.