Silicon Valley billionaire Peter Thiel revealed today that he has been the mysterious, secret donor behind the Golden State Warriors’ war with the Cleveland Cavaliers.
Thiel has been secretly funding the Warriors two-year-long fight against the Cavs in an effort to bankrupt the team, he said today in the first interview since his identity was revealed. In an effort mirroring the way Thiel has secretly funded Hulk Hogan’s lawsuit against media company Gawker, Thiel said he’s doing this to attack the Cavaliers’ ruthless refusal to win a championship for its fans.
“They are an organization that ruins lives,” Thiel said. “I told [Cavs owner] Dan Gilbert in 2007 I would do this if he continued.”
Legal basketball observers said they were troubled by Thiel’s actions but that he has a point about the Cavs’ long streak of futility.