An early plan to bring build an arena to bring the Golden State Warriors across the bay to San Francisco would cost around $1 billion, according to local reports.

The initial framework of the deal would include San Francisco reimbursing the basketball team $120 million to upgrade the city piers where the new arena would sit, according to the San Francisco Chronicle.

Bonds are a possible method to finance that reimbursement, the report said.

The Warriors would pay for the arena and other construction on the site after getting a 66-year lease.

Earlier this year the Warriors announced a plan to relocate to San Francisco in 2017, leaving their current home in Oakland.

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