“ Woj's business plan leak, which had #1, a number (171 million dollar salary projection) and #2, 3 legit sources.
If there were multiple budgets like some of you wish for, where are the counter leaks of those from Lore/Arod?
The budgets where they are paying the luxury tax don't exist.”
You also keep calling it a “budget” (and “business plan”). False. That was NOT the report.
Obviously, Lore / ARod don’t want to play Glen’s unethical, dirty leak game. They shouldn’t have to follow Glen into the mud.
“ Even if the sale goes through, they are barely going to be over 50% with an equity firm coming up with half of the last 40%.”
That’s not uncommon. Warriors, I believe. Lacob is worth 1.8 billion and his other partner 800M with six other stakes, including a venture capitalist firm. Lux tax and four championships.
And here is an article that explains how owners don’t pay player salaries themselves (revenue does). Please read it!
https://www.celticsblog.com/2021/9/19/22650143/its-your-money-breaking-down-myth-of-nba-ownership-and-who-really-foots-the-bill-boston-celtics“At the end of the day, they’re running a profitable business—one that puts money in their pockets instead of taking it out of them. So the next time you hear someone talk about an owner or a team spending money on a player, remember it’s your money they’re spending.“Wolves revenue:
https://www.statista.com/statistics/196731/revenue-of-the-minnesota-timberwolves-since-2006/259M last year. 271M the year before last.
Warriors lux tax bill for most recent year was 176M.
Hmmmm… how to afford the lux with revenues greater than the lux? Gee. We’ll never know. So sad that Lore and ARod don’t have the money to pay it.
Maybe be open to all this factual/data-based context of how NBA teams are actually run and financed.
I believe Dane Moore is providing more of this context than Woj, for example. ESPN is not a great news source. They make mistakes and use spin all the time.
