Stephen Curry is considered as one of the best basketball players in the world. The Warriors’ star has come to be known for his revolutionizing shooting abilities and championship victories, leading the team to 4 in the last decade. Now as the season ends for the Warriors and the most uncertain offseason –since Curry’s reign– looms over, concerns over contract extensions have drawn conversations. One of these has brought along an intriguing remark surrounding Stephen Curry’s impact on an episode of 95.7 The Game on YouTube.
The hosts of the show set to discuss the weight of the contracts in the NBA and how they are guaranteed, unlike football which are moveable. However, the latter does not take pay cuts, they mention, thus, touching upon Stephen Curry’s ability to do so to reduce the luxury tax of the Warriors. The host said, “Steph has the ability to sign for two years 30 million yes he absolutely has that ability. Here are a number of the reasons why he would not do that.”
The Host reveals The National Basketball Players Association (NBPA) could protest a superstar like Curry taking less than his worth because it could give other owners a wrong impression about other star players’ worth.
“If the greatest players in the game start taking half of what they are worth then the owners immediately have the ability to do that to all the players and start asking everybody to take half of what they are worth,” The Host further said.
Notably, the owner of the team, Joe Lacob, purchased this team in 2010 for around $450 million. And with Stephen Curry a part of the team, it has risen to become one of the most valuable teams in the world. The current value of the Golden State Warriors is more than $7 billion. This is a nearly 20 times increase in value. It highlights the financial gains owners can achieve with a superstar like Curry leading the charge.
Warriors’ luxury tax scenario
With Klay Thompson and Chris Paul’s contract expiring, the Warriors have around 9 players worth $140 million in contracts. Per Athletic, last season the luxury tax was hovering around $100 Million. Back in February, Owner Joe Lacob talked about his desire to bring down the Luxury tax to a minimum.
However, the Klay Thompson free agency situation is causing a bit of a problem for the Warriors team. Warriors GM Mike Dunleavy recently gave a massive hint that he would like Thompson and Green to return to the squad next season. So, despite the owner’s wish, the Warriors could well be over the $172 Million luxury tax threshold. However, Stephen Curry could question the owner of a $7 Billion plus franchise, why can’t he pay the bill himself instead of all the players making a sacrifice? Certainly, it will be interesting to see the Warriors line-up next season. Will the Trio remain intact? Let us know in the comments.
