Report: Warriors Pay $4 Million to Cover Parade Costs

And the total cost is...

The Warriors will pay the city of Oakland $4 million to cover the entire cost of the championship parade, according to Connor Letourneau of the San Francisco Chronicle.

During the ceremony on Thursday, Joe Lacob declared:

"We recognize that times are hard and this city in particular has had its share of issues over the years ... there are a lot of fundamental needs -- police, schools -- we just like to say: this parade, this whole day, all the costs, every dollar is on us.

"It's our gift to the city of Oakland."

The Warriors will play at Oracle Arena for the next two seasons before moving into the Chase Center for the start of the 2019-20 campaign.

Drew Shiller is the co-host of Warriors Outsiders and a Web Producer at NBC Sports Bay Area. Follow him on Twitter @DrewShiller

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