The NBA has fined Warriors governor Joe Lacob $500,000 due to comments made during a recent appearance on the “Point Forward Podcast.”
The NBA forbids team governors from discussing collective bargaining agreement negotiations, hence the hefty fine for Lacob. He also stated that the current luxury tax system is “very unfair.” Still, the more significant concern as far as the league is concerned are Lacob’s comments on the negotiations between the NBA and its players’ union. “The hardest thing of all is navigating this luxury tax, unfortunately,” Lacob said on the podcast, which is hosted by Andre Iguodala and Evan Turner. “I went back to New York this week for labor meetings. I’m on the committee. And you know, obviously, the league wants everyone to have a chance and right now, there’s a certain element out there that believes we ‘checkbook win. ...’ We won because we have the most salaries on our team.”