Warriors contract expires, owner considers luxury tax spending adjustment!
Golden State Warriors owner Joe Lacob said in a sports blog some time ago that this summer, they will face a lot of people with their contracts expiring, both financially and staffing, which is a big test. Lacob said the team would consider cutting the luxury tax in order to adapt to the changing working environment and the club's long-term growth plans.
The Warriors are one of the strongest teams in the NBA in recent years, having made it to the NBA several times and won numerous championships. However, with the end of player contracts and changes to labour terms, managers need to weigh their financial expenses more carefully to remain competitive.
Lacob said that this summer, the team will have more flexibility, which is an opportunity and a challenge for us. He insisted that clubs would base their choices on their own condition and their performance, meaning that they could achieve a balanced goal by exchanging or extending their contracts while retaining their key players.
The luxury tax is the most important item in the NBA's team funding, and it is directly related to the long-term development of a team. The Warriors, a team that continues to break through the luxury tax limit, moderately reduce expenses on the premise of ensuring their own strength, which is undoubtedly a big problem for the managers of the Warriors club.
In such a situation, the Warriors have many ways to reduce the spending of the luxury tax. On this basis, the major clubs can take measures to ensure the retention of key players through newly signed agreements; In addition, transfers can also be used to attract some potential young talents to reduce the overall salary.
All in all, this summer, the Golden State Warriors will face two problems, one is to restructure the team, and the other is to save money. To maintain their competitive edge while keeping expenses down appropriately, fleet managers need to think hard and figure out why.