Mark Mastrov Buying The Warriors!

Founder of 24-Hour Fitness Mark Mastrov, is in a two way bidding war to buy the Golden State Warriors Basketball team, in a deal worth in excess of $350 million!

Things look good for Mark as two other bidders dropped out on Friday and current owner Chris Cohan via Galatioto Sports Partners hopes to announce the new owner sometime in August. 

24 Hour Fitness is now the world's largest (by memberships) privately owned and operated fitness center chain, and third in number of clubs behind Gold's Gym and Fitness First of the UK. It currently has 425 clubs and over 20,000 employees in the U.S.A.

The company began as a one club operation in 1983 called 24 Hour Nautilus.

In 1991, CEO Mark Mastrov hired Mark Golob as Vice President of Marketing. Golob created promotional campaigns with Pamela Anderson, Arnold Schwarzenegger and Mike Tyson that increased membership and sales. During Golob's tenure, he and Mastrov, along with Tom Gergley, began planning an international chain of health clubs.

24 Hour Fitness now has about 3 million members and nearly 400 clubs in 17 states, and over 20 clubs in five Asian countries.

24 Hour Fitness info. Source Wikipedia