His point about the luxury tax is valid, though. If you draft and develop a player and he becomes good enough to command a superstar contract, you shouldn’t be penalized if you pay him what he’s worth. The Warriors had the highest payroll in the NBA in ‘21-’22, and they paid almost as much in luxury tax as in actual salaries, but Steph Curry, Klay Thompson, and Draymond Green* have never played for any other team. If you want to go out and buy a LeBron James or a Kevin Durant, sure, expect to pay a sur-tax. But when they’re home-grown, you shouldn’t take an extra hit to keep them.
*Draymond wants a max contract this year; he may not get that, but he’ll probably still be a Warrior. He’s more valuable for them than he would be for any other team…unless it’s worth $100,000,000 to some other team simply to break up the Warriors’ core.
shanen0 over 2 years ago
Lot of mystery here. Is there something funny in this story that I haven’t been following? Or even heard of before this?
For a Just and Peaceful World over 2 years ago
“The NBA gives the money to charity” and then the NBA uses the gift as a tax shelter.
Trespassers W over 2 years ago
The “NBA Owners’ Assistance Fund” is a very worthy charity, helping poor, deprived owners of NBA teams to make ends meet.
MS72 over 2 years ago
NFL owner Robert Kraft regularly gives to Massage Envy.
Rick Parkhurst Premium Member over 2 years ago
Hard to say if Silver or Goodell is a bigger A-hole.
Ellis97 over 2 years ago
To the rich and powerful, charity is their secret weapon to avoiding the IRS.
198.23.5.11 over 2 years ago
Tampering with another team’s player is a bigger crime than a quarterback “tampering” with a woman?
As Moe once said to Shemp—“One of us is nuts and it can’t be you”.
198.23.5.11 over 2 years ago
Did you know Bob Feller once walked 208 men in a season?
Try getting a job today with that statistic.
fritzoid Premium Member over 2 years ago
His point about the luxury tax is valid, though. If you draft and develop a player and he becomes good enough to command a superstar contract, you shouldn’t be penalized if you pay him what he’s worth. The Warriors had the highest payroll in the NBA in ‘21-’22, and they paid almost as much in luxury tax as in actual salaries, but Steph Curry, Klay Thompson, and Draymond Green* have never played for any other team. If you want to go out and buy a LeBron James or a Kevin Durant, sure, expect to pay a sur-tax. But when they’re home-grown, you shouldn’t take an extra hit to keep them.
*Draymond wants a max contract this year; he may not get that, but he’ll probably still be a Warrior. He’s more valuable for them than he would be for any other team…unless it’s worth $100,000,000 to some other team simply to break up the Warriors’ core.
sarah413 Premium Member over 2 years ago
The favorite NBA charity is China.
Michael Helwig over 2 years ago
It’s probably a political contribution.
BlueKnight1966 over 2 years ago
The NBA believes that “charity begins at home” and, thus, keeps the donation to distribute amongst themselves.
braindead Premium Member over 2 years ago
Be nice to have a reporter dig into this one like the one who tracked down That Candidate’s LIE about contributing a million dollars to ‘veterans’.
amxchester over 2 years ago
The stupid owners are complaing about the stupid commish enforcing the stupid rules they stupidly agree to follow.Clear enough?