HomeSportsLuxury tax doesn't 'penalize' Warriors draft success

Luxury tax doesn’t ‘penalize’ Warriors draft success

Last night, the Golden State Warriors got a chance to improve their roster in a way that has proven successful for them before: the NBA draft.

Eight of the top 12 players in Golden State’s rotation (James Wiseman, Steph Curry, Draymond Green, Kevon Looney, Klay Thompson, Jordan Poole, Moses Moody and Jonathan Kuminga) have been drafted by the Dubs. NBA commissioner Adam Silver acknowledged the achievement in his draft opening remarks last night.

“A lot has changed in our country and around the world in the three years since the Warriors last appeared in the Finals,” Silver said. “But what has stayed the same is the core of this Warriors team. That core was built through the draft.

As the league has dealt with the emergence of “super teams” in recent years as top players have come together through free agency signings and trades, Golden State’s roster has seen turnover. minimal. Five of the six players to average more than 20 minutes per game for the team in this year’s Finals were drafted by the Warriors. Of those five, Curry and Thompson, drafted seventh and eleventh overall in their respective draft classes, were the only lottery picks.

However, by obtaining and developing so much talent, the organization has begun to reach a crossroads – only enough money can flow. Despite a largely local roster, the Warriors paid $170 million in luxury tax in 2021, which nearly equals the $176 million they spent on contracts. As the front office looks to keep its championship roster together, those luxury tax totals will only grow.

Just hours before hailing the Warriors’ success in the draft, Silver was asked if it was fair to penalize teams for trying to keep their drafted cores intact.

“I don’t see it as penalizing them,” the commissioner said in an interview with NBA TV. “Essentially when you have a system like ours, there’s a player sharing component. There’s revenue sharing and there’s also player sharing. The system is designed to help teams keep their own players drafted and they have a big advantage in doing so, in this case Golden State was able to keep them by paying a high luxury tax to do so.

“The goal is to create the best competition,” Silver later continued. “And sometimes creating the best competition means sharing the best talent in the league.”

Warriors fans weren’t buying Silver’s response.

“I’m glad I was asked the question, but I don’t like the answer. He kind of beat around the bush and basically said ‘If teams pick up and develop properly, that’s their responsibility to share their developed players, “isn’t it?” tweeted a fan.

“Lmao, he basically said that if a team sucks in the draft, they can sign the posts that other teams drafted and couldn’t afford to keep,” another replied.

“That was a ridiculous answer. It’s by definition 30 independent teams investing in scouts, coaches, medical staff and players with the goal of winning a championship. Penalizing organizations for paying/developing homegrown is crazy .No incentive for bad owners to compete,” another shared.

With the 28th overall pick, the Warriors selected UW Milwaukee winger Patrick Baldwin Jr. on Thursday. Only time will tell if he will seriously contribute to the team’s luxury tax when his rookie contract expires.

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