Joe Lacob admits that Warriors spending is not sitting well across the NBA

[BigMoneyGrip]

I don't think they're barely breaking even, but I do believe him when he says they're spending a lot of money too. They privately financed that stadium, the debt service on that can't be cheap.

The hell are you talking about? They own the team outright… Purchased the team for $450m and now worth $4B… Chase center they paid for out of their pocket.. $700m in revenue last year alone..

 

[GunRanger]

Yea, Ballmer owning 334 milly Microsoft stock at $264 a pop. That’s $88 billion right there… there was that meme saying Balmer would lose more money with a 2% drop in MS shares than Lacob’s entire net worth (1.5b).

In other words if LAC ever finds a core that wins him a ‘ship, there’s no telling the spending fukkery Balmer would be down for to keep the ‘ships ‘shippin.

"The Clippers are going to be spending $336.65 Mil on payroll and taxes

That would make them the highest payroll in American sports. If The warriors resign poole their payroll will be even more bonkers.

Active Payroll: $191,952,857

Luxury Tax Bill: $144,693,684"

 

[Thavoiceofthevoiceless]

Warriors are being penalized for drafting well… NBA need to rework that repeater tax if teams draft a player who stays with the team then his contract extensions shouldn’t count against the repeater tax.. it’s like the warriors are gonna be forced to give up Poole Kuminga, Weisman and moody at some point because they won’t be able to keep all of them and that’s beyond bullshyt..

They’re probably going have to move Wiggins at some point in the meantime as his new contract and Poole’s is only going to push that repeater tax higher. Only problem is that a lot of teams aren’t going to want to do the Warriors the solid and help rework the repeater tax since they aren’t and haven’t benffitted from it themselves.

 

[NoMorePie]

The repeater tax needs to be revised. The warriors aren't like the Yankees and just putting in the highest bid for the top free agents (not like you really could do that anyways in the NBA). They're spending money retaining talent that they've drafted and are getting penalized for it. They need to to revise the repeater tax to not count salaries paid for players drafted by the team or change the multiplier for drafted players or some shyt.

I agree 100%.

 

[Mars]

Well, blame Dan Gilbert...Wasn't he the a$$hole who pushed for more luxury tax penalties?

 

[The_Sheff]

The repeater tax needs to be revised. The warriors aren't like the Yankees and just putting in the highest bid for the top free agents (not like you really could do that anyways in the NBA). They're spending money retaining talent that they've drafted and are getting penalized for it. They need to to revise the repeater tax to not count salaries paid for players drafted by the team or change the multiplier for drafted players or some shyt.

Right, the league created rules that allow you to pay your own players more to keep them but they also penalize you for doing so.

 

[Da King]

Surprised the elephant cac lived this long

 

[King Poetic]

That’s how u win and u not cheating at all

Just these other owners are cheap as hell and just want the title of owner than actually putting work and money into winning championships

Your team will get more sponsorship money will be coming in , more merchandise sells and other benefits especially ticket sales

 

[Doctor Doom]

Having an owner willing to go over the luxury/repeater tax >>>>>>>>>

If George and Leonard could stay healthy, Clippers would prolly be in the same position.

 

[Remote]

Stop pocket watching

The coli dot com

 

[mastermind]

Ted Leonsis is one of the owners who is mad about it.

 

[KFBF]

isn’t the luxury tax distributed among the other teams? Lacob is a known bullshytter because I’m sure broke owners like the lakers kings wiz kings tc love getting those checks.

 

[FAH1223]

Ted Leonsis is one of the owners who is mad about it.

You see what Ted said to David Aldridge about going into the tax?

 

[mastermind]

You see what Ted said to David Aldridge about going into the tax?

the “never said never” line?

 

[FAH1223]

the “never said never” line?

Watch at 29:45



The juelzing and then saying I’ve never said no to anything