Quote from: dwyane36 on October 16, 2022, 08:36:24 PM

Quote from: püsür on October 16, 2022, 07:45:18 PM

I understand the moves of the Warriors but I can't comprehend the luxury tax situation. Are we to expect that they will really pay almost half billion for taxes? Do Nba franchises really making that much money when they become champions?

As far as I know, the Warriors will probably spend over $500 million in the 23/24 season, including $268 million in taxes. That's really a lot, but I think the Warriors have enough revenue sources to cover such huge expenses. Obviously, tickets aren't the only source of revenue for this team. I'm more than sure the Warriors also make a lot of money from TV, merchandising, advertising, and various partnerships.

Well, the management is in a tight spot in almost every year because they are put in a situation where they have choose whom to trade or who will be given light contracts despite the player's effort for the team to maximize their revenues and lessen the taxes they have to pay annually.

Currently, the Golden State Warriors is ranked #2 as the most valuable team next to New York Knicks in the league right now and surely there is a reason for that ranks. I think pricey tickets is their biggest source of income and there's these merchandise and advertising.