Early this morning, two major news came from Golden State Warriors : the team finalized the renewal of Poole and Wiggins for 4 years at a price of 140 million and 109 million in 4 years respectively.
This gave the answer to the question of who should choose the best of Poole/Wigkins that every Warriors fan was worried about before, that is: I want it all. It also made fans of the other 29 teams take a breath: Warriors really have money ability? Today, let’s just play a simple game with the Warriors’ two contract renewals, how exaggerated it is.
htmlSeason 122-23, the Warriors' salary expenses were 189 million, second only to the Lakers (191 million) in the league. However, if you include luxury tax, the Warriors have a total salary expense of 350 million. If the contracts for Poor and Wiggins are renewed at market prices, the Warriors' salary expenses are likely to exceed 500 million. What is the concept of
.5 billion? For example, the Heat team successfully avoided taxes during the offseason with an extreme distance of more than 100,000 US dollars from luxury tax. The team's salary expenses in the 22-23 season were 150 million, ranking 11th in the league. There are 19 teams in the league that spend less than 150 million yuan per year. The 500 million salary expense is enough to support three NBA playoff teams. If it is that plays the team, it is no problem to support four teams.
After the Warriors renew their contract with these two heavy players, what will be the salary expenses in the 23-24 season? If Green executes the player options, the Warriors executes the team options of Wiseman , Kumingga, Moody, Baldwin and other players, and then add two basic salary players to fill the 15-person player list. The Warriors' salary will be 223 million yuan, and the luxury tax will be 341 million yuan, totaling 565 million yuan. I am conservative in the three teams I mentioned before, and there is no big problem in supporting four NBA teams.
Maybe many people will say that the Warriors are the second largest team with NBA market value, and the team with the fastest growth in the NBA market value in the past decade and the most expensive team with tickets sold. Even more than 500 million is not a problem, with high risks and high returns. But is this really the case?
I checked the Warriors' revenue over the years. Affected by the epidemic, the Warriors' revenue was only 258 million in the 20-21 season, but the Warriors' highest annual revenue was only 474 million. Moving the arena to , San Francisco , where every inch of land is valuable, will the team win the championship make the team explode? I found out that six months ago, reporter Jabary Young reported that the Warriors expect revenue to be $700 million in the 22-23 season. There are plans within the team to drive revenue growth, including cooperation with emerging technology companies such as NFT and blockchain.
With the help of the Warriors winning the championship, under normal circumstances, the Warriors' annual revenue in the future should be more than 700 million. This is indeed enough to hold the Warriors' wages, but everyone should understand that the salary expenditure of more than 500 million is definitely not a risk-free investment, but a number that is enough to make other bosses piss off their computers and shout out the Warriors' crazy.
In fact, many teams are also quite dissatisfied with the Warriors' high investment, which may break out in the next labor-management agreement. The focus at that time is whether the NBA needs to have a hard salary cap like NFL? To avoid the situation where the Warriors have been using Bird Rights to renew their team's players like this.
can stand from the perspective of Warriors fans, and this matter is very simple: we are just using the rules reasonably, our boss is willing to spend money, and you can still keep people. Are you still afraid of spending money? Mavericks was able to keep Brunson but let him go because of money. The teams that compete for the championship are so quick. How can we blame us for spending money?
So I think the Warriors are not really money-making. Lagbu's assets are not top-notch in the circle of NBA bosses. They just have a completely different operating philosophy from other teams. They are willing to spend more money to bring a more extreme experience to fans. Go to the richest city, build the best stadium, and maintain the strongest lineup. I just ask if the fans are willing to come? That is naturally shut up and take my money. Fans will also express their support for the team with a more positive attitude.
For example, Grizzlies season opener game against Knicks , the minimum ticket is only $7. This is the team with the highest record in the league last season, with a hot star like Morant . Even in Memphis, tickets are outrageously cheap. But the average ticket price for the Warriors and Lakers opener games is as high as $897. Usually when you go to Chase Center to watch a game, the average ticket price is around $300.
Different spending concepts naturally determine different income situations. The identity of the Warriors boss, the bank's limelighter, has made the Warriors step on the cusp of the NBA and soared, creating a dynasty team for the past ten years.
As an NBA fan, I am also happy to see such a team that takes a detour and brings fans the ultimate experience. Anyway, it wasn't my money, which allowed me to see the beautiful team of the Warriors, which combines teams with celebrity basketball. Isn’t it a beautiful thing?
The boss who spreads coins, I will always support you!
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