SAN FRANCISCO, CA - NOVEMBER 08: San Francisco mayor Ed Lee looks on as he campaigns in Chinatown on November 8, 2011 in San Francisco, California. Candidates for San Francisco mayor are making one last push to encourage people to vote as San Franciscans head to the polls to vote for a new mayor, district attorney and sheriff. (Photo by Justin Sullivan/Getty Images)
San Francisco Mayor Ed Lee says the Warriors will have to find private financing if they want a new arena in the city. The Warriors have been open about the fact they want a new building. Oracle Arena in Oakland is the oldest in the NBA. It was built in 1966, but underwent renovations in the 1990’s.