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 came during a discussion
about the NBA's collective bargaining talks.
"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."
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.
The podcast was hosted by longtime Warriors swingman Andre
Iguodala and former NBA player Evan Turner.
Lacob violated the NBA's rule on public discussion of the
league's collective bargaining efforts and policies.
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.
--Field Level Media
[© 2022 Thomson Reuters. All rights
reserved.]
This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content. |
|