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Lacob and Guber have been working to return the team to the City by the Bay since buying the Warriors for a league-record $450 million in 2010. The Warriors played in San Francisco from 1962 to 1971 after moving from Philadelphia.

The proposed move is still sure to upset some in Oakland, the center of the area’s basketball prowess. Many NBA players past and present _ Bill Russell, Gary Payton and Jason Kidd, among scores of others _ rose to basketball fame in Oakland.

One aspect that hasn’t been a problem is fan support.

Despite only one playoff appearance since 1994, the basketball-booming Bay Area has supported the Warriors surprisingly well. The team ranked 10th in attendance this past season, averaging 18,857.

Lacob said the team has more season-ticket holders who live in San Francisco than Oakland and the fan base is split 50-50 between the East Bay and the San Francisco Peninsula. The franchise _ once called the San Francisco Warriors _ will remain under its current name, Lacob said, “until further notice.”

“It’s the Golden State Warriors and it’s going to remain the Golden State Warriors for the foreseeable future and maybe forever,” Lacob said. He later added, “It comes down to what the fans want.”

The political push in San Francisco has only just begun.

Lee sent a letter to the owners this month saying the city would work with Warriors executives to bring the team to San Francisco in time for the 2017-18 season. The note, signed by all 11 city supervisors and numerous business and labor leaders, was sent a few days after Lee met with Guber in Los Angeles.

Oakland Mayor Jean Quan responded last week by sending the team her own letter to express the city’s commitment to keeping the Warriors _ and the Raiders and A’s, who both need a replacement to the outdated Oakland Coliseum.

She expressed disappointment following Tuesday’s announcement and said Oakland’s proposal “was always a larger project than just one sports team” and the city will continue to pursue all avenues for an arena.

That now seems like a lost cause.

“It’s been 41 years since the Warriors played here in San Francisco,” Lee said. “In my humble opinion, it’s time to welcome them home.”

Of course, building anything in San Francisco is never easy.

Overcoming the environmental concerns on the shoreline, the addition of a high-rise structure on the pier _ not to mention the adjacent condominiums and businesses that could fight to keep their beautiful Bay Bridge views _ and political wrangling in the politically charged city are among many obstacles for the project.

Lacob said it will likely take “two to two-and-a-half years” just to acquire all the permits. But he noted the NFL’s San Francisco 49ers headed some 40 miles south to Santa Clara for the 2015 season “created a great incentive on the part of the mayor and the city” to help the Warriors build an arena in San Francisco.

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