“The truth is, we’re only $40 million more than the luxury tax. Now, that’s not small but it’s not a massive number. We’re $200 million over in total because most of that is this incredible penal luxury tax,” Lacob said. “… Obviously it’s self-serving for me to say this, but I think it’s a very unfair system because our team is built by — all top eight players are all drafted by this team.”<\/p>\n<\/p>\n
ESPN listed Golden State’s luxury tax bill for this past season at $170 million, up from $69 million in 2020-21. Projections show the team paying $181 million next season.<\/p>\n<\/p>\n
The podcast was hosted by longtime Warriors swingman Andre Iguodala and former NBA player Evan Turner.<\/p>\n<\/p>\n
Lacob violated the NBA’s rule on public discussion of the league’s collective bargaining efforts and policies.<\/p>\n<\/p>\n
Lacob, who has been a Warriors owner since 2010, is the CEO of the club, which has won four NBA titles since his run as owner began. He previously had a stake in the Boston Celtics before purchasing the Warriors.<\/p>\n<\/p>\n
–Field Level Media<\/p>\n","protected":false},"excerpt":{"rendered":"
The NBA fined Golden State Warriors owner Joe Lacob $500,000 for recent comments about the league’s luxury tax system, which he called “very unfair,” ESPN reported Wednesday. The comments in question from Lacob, a chief owner of the team along with Peter Gruber, came during a recent appearance on the Point Forward Podcast. Lacob’s comments […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86,51],"tags":[],"class_list":["post-398748","post","type-post","status-publish","format-standard","hentry","category-golden-state-warriors","category-nba"],"acf":[],"_links":{"self":[{"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/posts\/398748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/comments?post=398748"}],"version-history":[{"count":0,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/posts\/398748\/revisions"}],"wp:attachment":[{"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/media?parent=398748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/categories?post=398748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/tags?post=398748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}