Last in the Western Conference two years ago, the Golden State Warriors have come a long way to becoming NBA champions this season. Despite this return to the fore, Golden State is not going through easy times economically speaking. Joe Lacob, the owner of the franchise, saw the situation deteriorate after the new fine received.
The Golden State Warriors come out of an exceptional season. When starting this last exercise, the band of Stephen Curry appeared as an outsider, no more. 3rd in the Western Conference at the end of the season, Golden State returned to the playoffs after a three-year absence. And the men of Steve Kerr did not go there to make up the numbers… Apart from a slightly more balanced series against the Grizzliesthem Warriors qualified fairly quietly for the Finals NBA. opposed to Celticsthe Californian franchise was trailing 2-1 but reversed the trend thanks to a Stephen Curry XXL.
The Warriors come a long way
And yet, the Warriors come back from afar. Everything started to fall apart during the Finals NBA 2019. Kevin Durantreturned too quickly from injury, relapsed and decided to quit Golden State just to join Brooklyn Nets. And as if that weren’t enough, Klay Thompson also seriously injured himself before relapsing… a year later. Clearly, the 2019-2020 season is very long since Stephen Curry is also a victim of physical glitches. Last of the Western conference, the Warriors will find a little smile during the 2020-2021 season by reaching the play-in. In the end, the resurrection of the Californian franchise will arrive in 2022.
“It’s impossible to survive in these conditions”
But if the Warriors have raised their heads on the field, the financial situation is not really improving. Next year, Joe Lacobthe owner of the franchise, will have to decide on the future of Jordan Poole and Andrew Wiggins. But for the moment, confidence does not reign… “ With the extensions, our workforce would cost us between 400 and 500 million in wages. It’s impossible to survive in these conditions. Impossible. I already have problems with the rest of the league, it would be even worse. In fact, we found a small hole in the system to exploit, and we jumped into it, but it’s not good for the league. Poole and Wiggins extensions are a problem for us “, assures Joe Lacob in comments relayed by Let’s talk basketballbefore adding: The situation is going to be very very difficult for the franchise. We’re making money, but the spending on salaries, room, development teams, and offices is also crazy. If we don’t manage to be competitive next season, we’re going to have to look seriously at some salaries. In the end, we still hope that Jonathan Kuminga or James Wiseman can take over “.
ESPN Sources: The NBA has fined Golden State Warriors owner Joe Lacob $500,000 for his recent comments on the Point Forward Podcast discussing the league’s collective bargaining talks, which included Lacob describing the league’s luxury tax system as “very unfair.”
— Adrian Wojnarowski (@wojespn) July 21, 2022
An additional fine for Golden State
The situation is not obvious and the Warriors lead themselves. ” The NBA just fined the owner of the Golden State Warriors $500,000 for his recent comments regarding the league’s collective bargaining agreement, where Lacob described the luxury tax system as unfair “wrote the journalist ofESPN Adrian Wojnarowski on his account Twitter. Forced to pay nearly €400 million because of this system, Joe Lacob let out a rant that cost him dearly…