MOSCOW, 21 July – Golden State Warriors owner Joe Lacob has been fined $500,000 for criticizing the NBA’s salary cap and luxury tax, ESPN reports.
According to the source, Leykob received a fine “for violating the league’s policy regarding the public discussion of collective agreements.” Earlier, the owner of the “warriors of the golden state” in the Point Forward podcast called the tax system in the NBA “very unfair.”
“Unfortunately, the hardest part is settling this luxury tax,” said Lacob. chance, and right now there’s a certain element that we’re supposed to ‘win by checkbook.’ We’re supposedly champions because we have the highest salary on the team.”
In June, Golden State won their fourth NBA title in eight years. Lacob became the owner of the Warriors in 2010. It is noted that the team paid $69 million in luxury tax in the 2020/21 season, $170 million in the 2021/22 season and is projected to pay $181 million in the 2022/23 season.
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