Joe Lacob Fined $500K By NBA For Publicly Discussing Collective Bargaining Talks - RealGM Wiretap
The NBA fined Golden State Warriors owner Joe Lacob for violating the league's policy by publicly discussing collective bargaining talks.
Lacob called the luxury tax system"very unfair" on a recent episode of the Point Forward Podcast hosted by Andre Iguodala and Evan Turner." "The truth is, we're only $40 million more than the luxury tax. Now, that's not small but it's not a massive number. We're $200 million over in total because most of that is this incredible penal luxury tax. And what I consider to be unfair and I'm going to say it on this podcast and I hope it gets back to whoever is listening. Obviously, it's self-serving for me to say this, but I think it's a very unfair system because our team is built by ...
The Warriors paid $171 million in luxury tax this past season, and are projected to pay $181 million next season.
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