Klomp wrote:shrink wrote:The correct GM move would be to keep the payroll high to maintain success to get the public to vote to help fund a new arena. It’s a shorter loss for longterm gains. I hope that ARod and Lore maintain our payroll, even if it means lux taxes the next few years.
Here's where I think it's important to be careful. Luxury tax, absolutely should and likely will be in play. But that doesn't mean it's okay to be reckless and stay above the second apron for years on end. That would be a death sentence fo any front office or ownership group, especially one that may or may not have concerns about finances longterm (I'm not saying that I believe they do).
Agreed. And what I think might happen is a statement in six months that goes:
Our plan is still to build a stadium as early as 2031, but after the cash outlay to buy the team, it may be closer to 2033 or 2034. We hate that the antiquated arena is causing so many fans to miss the opportunity to see the exciting Timberwolves team we have now. We propose the city issue bonds and tax breaks to help cover some of the initial costs to get the process of building a new arena started immediately. We hope that the public is excited about the team as we are, and supports this bond issue.
I’d be in favor of this, and it capitalizes on the Wolves current success, in an NBA where maintaining success for multiple years is next to impossible. This also isn’t an unusual request for most ownership groups.
