Bob Myers responds to critics of the Warriors’ high salaries: ‘You should be allowed to spend on your players’

The Golden State Warriors are not only the most expensive team in the NBA. They are the most expensive team in the history of North American professional sports. The Warriors pays their players roughly $176 million, but as a frequent tax offender, they’ll also owe more than $170 million in tax payments. That’s a total of $346 million in spending. The Los Angeles Clippers were the second most expensive team in the NBA this season, with a price tag of about $250 million. Only the Clippers, Nets, Lakers and Bucks have spent half as much as the Warriors this season, and the rest of the NBA hasn’t been pleased with it.

ESPN’s Zach Lowe stated earlier this week that “rivals are already grumbling about Golden State’s competitive spending advantage,” but as Bob Myers, the Warriors’ general manager, sees it, his team is only operating within the bounds of the rules. “I think at this point, you should be allowed to spend on your players,” Myers said in an interview with 95.7 The Morning Roast. “I mean, we recruited a lot of these guys, and we developed them. It’s not like we went out and signed all these guys as free agents and built a team like that. Larry Riley is the guy who drafted [Steph] Carrie, you were here when we crafted Clay [Thompson]we have formulated Draymond [Green]we have formulated [Jordan] Paul, we traded for [Andrew] Wiggins. Nobody wanted Wiggins, I mean there was no one to say anything after that.”

Myers is technically correct. His warriors are built around three local stars. They have a fourth major salary slot that belongs to Andrew Wiggins which originally came when Kevin Durant joined the team thanks to the 2016 cap height, but that rise is likely to be present either way. Warriors could keep Harrison Barnes under contract at most as a restricted free agent with full bird rights, and it should be noted that they actually had to pay major salaries to Andrew Bogut (to Durant) and Andre Iguodala (to D’Angelo Russell, turned Wiggins) from Order some extras. The Warriors are not George Steinbrenner’s New York Yankees. They cannot and do not bid against other teams for superstars by sheer financial power. They generally find their own players and simply choose to keep re-signing them.

But Joe Lacobe’s willingness to pay for it is rare by NBA standards. Just look at those four teams that spend at least half as much as the Warriors. The Clippers set aside nearly $30 million in payroll and luxury tax payments by dealing with Serge Ibaka on Deadline. The Nets have made a number of financial decisions in recent years, including bypassing the mid-level exemption for taxpayers in 2020 and dropping draft picks to trade DeAndre Jordan in 2021. The Lakers let Alex Caruso walk the money. The Bucks did the same with PJ Tucker.

The Warriors are generating a great deal of revenue with their new arena, Chase Center, but a lot of teams will simply reap that revenue as profits. Others earn less money in their yard, but make up for it with huge local TV deals (with the Lakers working as a notable example here). Golden State may have significant revenue streams, but its willingness to reinvest that money into winning is commendable. Other teams can do this and choose not to.

Things will get even more expensive for the Warriors after the NBA Finals game against the Celtics. Gary Payton II and Otto Porter Jr. And Kevon Looney are all free agents this off season. Jordan Paul is eligible to extend the contract. Wiggins expire after next season. ESPN’s Bobby Marks estimates that their combined payroll and taxes could reach $475 million if they kept the entire team together. No other NBA team would come close to that number, but nothing is worth the lack of rules preventing Warriors from doing so. While there are certain mechanisms that can lead to a strict cap, there is no set upper limit for salary spending. By keeping their players and adding new and expensive players only through deals, Warriors are free to spend as long as they don’t violate any other rules of the CBA.

This appears to be the path they are taking forward. Myers Explained it recently That warriors planned to re-sign Paul. Who they choose to keep is even more of a mystery, but Lacope has made it clear that he’s willing to pay top dollar for talent. If other teams aren’t willing to do the same, that’s their problem.

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