lakersrule
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not to mention the TV deal that's coming. lol no need to worry about the Lakers...financially or otherwise...
Yeah, dude's just being a clown.
not to mention the TV deal that's coming. lol no need to worry about the Lakers...financially or otherwise...
No, it wasn't an argument. It was only you constanting saying that Gilbert has more money-thus that somehow made him a better owner.just saying - at one point this was an ongoing argument on here.
lot different when revenue sharing is taking 50 million a year and its a HELLUVA LOT DIFFERENT when the luxury tax was changed from 1 to 1- one dollar of tax per dollar spent- to in severe cases like 5-1. Those are two totally different ball games. All we know for sure so far is that both Prokohorov and Gilbert have been willing to spend 50+ million in a single season in tax. Itll be interesting to see how that progresses.Paying luxury taxes didn't bother them before. Heck, they were paying luxury taxes along with supporting the poor small market franchises through revenue sharing, and yet were still the most profitable NBA team. The Lakers brand is huge.
lot different when revenue sharing is taking 50 million a year and its a HELLUVA LOT DIFFERENT when the luxury tax was changed from 1 to 1- one dollar of tax per dollar spent- to in severe cases like 5-1. Those are two totally different ball games. All we know for sure so far is that both Prokohorov and Gilbert have been willing to spend 50+ million in a single season in tax. Itll be interesting to see how that progresses.
im not gonna say i dont think the Lakers would do the same thing and be open to paying 50+ million in one season- i really dont know. I could make good arguments both ways. Remeber- the team is split up between- what? how many Buss's are there? 6?
lot different when revenue sharing is taking 50 million a year and its a HELLUVA LOT DIFFERENT when the luxury tax was changed from 1 to 1- one dollar of tax per dollar spent- to in severe cases like 5-1. Those are two totally different ball games. All we know for sure so far is that both Prokohorov and Gilbert have been willing to spend 50+ million in a single season in tax. Itll be interesting to see how that progresses.
im not gonna say i dont think the Lakers would do the same thing and be open to paying 50+ million in one season- i really dont know. I could make good arguments both ways. Remeber- the team is split up between- what? how many Buss's are there? 6?
its a fair point- but lets just see what tune you are singing this offseason when Barnes most likely has to leave- or when Curry is up for an extension and signs for 30+ million a season....if you have any prayer of keeping Drummond/Klay/Curry through their primes at some point you are going to hit the tax.Paying tax is overrated. It's more about being smart with money. Your two examples of guys willing to spend money on the tax is a prime example.
As a fan, I'm more concerned with the organization spending smart money, than just simply spending money.
I'm pretty sure when the Cavs don't win this season (again...) Gilbert will start to rethink all that heavy spending with nothing to show for.Yes, I understand how the luxury tax works. We'll see how long Gilbert wants to pay that much. It gets even worse once you're hit with the repeater tax. The Lakers have shown and have stated that they don't have a problem paying luxury taxes. There were hit with a $29mil luxury tax bill following the D12 season.
An example of how profitable the Lakers are, they had a $160mil profit during the 13-14 season before tax and revenue sharing. They don't need to be billionaire owners to afford large payrolls.
What's does the number of Buss siblings have to do with anything? Jeannie has final say over everything and I think it would take a majority decision to sell their family stake. They can't just individually sell off their stake.
Oh, and your Nets example shows that just being a billionaire owner doesn't lead to having a successful NBA team.
I'm pretty sure that paying to keep Draymond (not Drummond), Klay & Curry through their primes would be considered "smart" spending.its a fair point- but lets just see what tune you are singing this offseason when Barnes most likely has to leave- or when Curry is up for an extension and signs for 30+ million a season....if you have any prayer of keeping Drummond/Klay/Curry through their primes at some point you are going to hit the tax.
its a fair point- but lets just see what tune you are singing this offseason when Barnes most likely has to leave- or when Curry is up for an extension and signs for 30+ million a season....if you have any prayer of keeping Drummond/Klay/Curry through their primes at some point you are going to hit the tax.
I'm sorry, your right. Where should they hang their SECOND PLACE banner?
just saying - at one point this was an ongoing argument on here.
Correct. Wiggy is trying to make something out of nothing.
Heck, they were paying luxury taxes along with supporting the poor small market franchises through revenue sharing,
Wiggy thinks that whichever owner has the most personal money will pay his players the most. He has no clue about revenue streams and profits. Or how foolish an owner would be if he's dipping into his own funds to pay for his team.
The discussion that he's referring to is when he was claiming that the Cavs could outspend the Lakers because of Dan Gilberts money. He doesn't grasp that if an owner is dipping into his own funds to pay for his team, he's doing something wrong. If he's doing that, it means the team is losing money. He doesn't grasp the Lakers deal with Time-Warner or the profits the team makes.
He likes to brag about how rich Gilbert is without acknowledging the years that the Cavs spent on NBA welfare and how a good chunk of that money came from the Lakers.
Generally, people don't like to hemorrhage money for too long. With Lebron back in the fold, the Cavs may well be profitable. However, their luxury tax bill will be enormous this season.
Exactly. Part of the reason the Gasol/CP3 trade was vetoed by the league is because Dan Gilbert cried to Sterling about how it wasn't fair that the Lakers were able to improve the team while lowering their salary, thus lowering their tax and cutting into his NBA welfare check.
If a business is profitable, it doesn't matter how much money the business owner has personally because they aren't having to use any of their personal money to cover the cost.