NEW YORK – NBA commissioner Adam Silver on Saturday raved about the Warriors' plans to open a new arena in San Francisco no later than 2018.
"I've seen the plans, I've sat with ownership there and I think it looks fantastic," said Silver, who visited the Bay Area on Feb. 4. "It's an incredible undertaking build a new arena in San Francisco."
The Warriors originally planned to build a waterfront arena two blocks south of where the Bay Bridge crosses Embarcadero. That plan was shelved last year in favor of a site south of the Giants ballpark.
"I think in San Francisco it's on track and it's going to be another great facility in this league," Silver said at his All-Star Weekend news conference at Barclays Center.
Warriors co-owners Joe Lacob and Peter Guber have stated a plan to privately finance the Mission Bay arena, for which estimates have ranged from $600 million to $1 billion.
"It's an incredible contribution on the part of those owners," Silver said.
"It always amazes me in this day and age when there aren't great state-of-the-art arenas in any major city, because these are multi-use facilities."