May 12, 2013; Oakland, CA, USA; Golden State Warriors fans use thundersticks during overtime in game four of the second round of the 2013 NBA Playoffs against the San Antonio Spurs at Oracle Arena. The Warriors defeated the Spurs 97-87 in overtime. Mandatory Credit: Kyle Terada-USA TODAY Sports

NBA Rumors: Golden State Warriors purchase new San Francisco stadium lot

The Golden State Warriors have seemingly taken new steps towards approving a new stadium in San Francisco today as it is being reported that a new lot has been purchased by the team for the purposes of building a new state of the art stadium on it.

This new stadium lot sale comes on the heels of what was supposed to be a different sprawling waterfront stadium that now seems unlikely to happen, although there are conflicting reports as to which lot the Warriors are planning to build their new stadium on.

Per San Francisco Weekly:

Multiple city sources have told SF Weekly that the Golden State Warriors and have agreed on terms to sell the team a future stadium site on a sprawling patch of Mission Bay land off Third Street.

Well-placed sources within the city, however, said that the team could be announcing its plans as soon as Tuesday.

Now that the warriors are a team on the rise in a big way in the Western Conference, it makes sense that they’d be building a new stadium and placing it in a prime location in San Francisco rather than Oakland makes even more sense given the aura of the city.

No official plans have been announced but we’re expecting to hear word soon from the Warriors to clear the air and likely make the announcement we’ve been waiting for.

Tags: Golden State Warriors