archysport

Newsletter

There’s grumbling in the NBA about the luxury tax bill the Warriors can afford; Bob Myers’ answer

This season the Golden State Warriors have a payroll of around $175 million, well above the salary cap, and their luxury tax bill will be huge: $170.3 million, by far a record. In the end, this season should cost them… 345 million dollars! But the Warriors can afford it and going this far in the playoffs is going to pay them back a lot of that money.

It’s quite possible that the Warriors will continue to pay astronomical sums, which they can afford, but in the NBA, it’s starting to annoy some if you believe ESPN’s Zach Lowe. The latter reported on Tuesday that rival teams are “growling” about Golden State’s financial advantage as there are overtimes for Jordan Poole, Andrew Wiggins, Kevon Looney and Gary Payton II looming over the course of the season. this summer and the next two seasons.

According to Bobby Marks, the Warriors could quickly end up with a workforce that will cost them $475 million! They may well be willing to pay that amount.

Bob Myers was rightly asked about the grumbling of rival teams.

“I think on that point you should be allowed to spend money on your own players,” Myers said. “I mean, we drafted a lot of these guys, we developed them. It’s not like we went to sign all these guys when they were free agents and built a team that way. Larry Riley is the guy who drafted [Steph] Curry, I was here when we drafted Klay [Thompson]we drafted Draymond [Green]we drafted [Jordan] Poole, we’ve set up a trade for [Andrew] Wiggins. Nobody wanted Wiggins, and nobody was saying anything at the time. »

The collective agreement is indeed made so that the teams can more easily keep the players they have drafted, and the Warriors have had a particular nose at the draft. We can add that they also drafted Kevon Looney.

“My answer to a lot of this would be, if you draft your own guys and develop them, you should be able to afford those guys and even potentially not have to pay tax,” Myers added. “It’s a little different. Everyone is on an equal footing in the draft. Everyone drafts, unless you trade your picks. It is an opportunity, where there, the notions of large or small markets do not come into play. What matters is how you get on and then it’s development. So I could hear it a bit more if it was a situation where we signed all these guys in free agency, that sort of thing, but they’re our guys and we leaned on them. We have had ups and downs.”

Via NBC

Facebook
Pinterest
Twitter
LinkedIn
Email

Comments

Leave a Reply

Your email address will not be published.

Trending