Report: Warriors’ Joe Lacob Fined $500K After Calling Luxury-Tax System ‘Very Unfair’

AP Photo/Eric Risberg

The NBA fined Golden State Warriors governor Joe Lacob $500,000 on Wednesday after he commented on collective bargaining talks and the league’s luxury tax, according to ESPN’s Adrian Wojnarowski.

Lacob had said the luxury tax was a “very unfair system” during an interview on the Point Forward podcast (via Ali Thanawalla of NBC Sports):

“The truth is, we’re only $40 million more than the luxury tax. Now, that’s not small but it’s not a massive number. We’re $200 million over in total because most of that is this incredible penal luxury tax. And what I consider to be unfair and I’m going to say it on this podcast and I hope it gets back to whoever is listening … and obviously it’s self-serving for me to say this, but I think it’s a very unfair system because our team is built by—all top eight players are all drafted by this team.”

The latest fine was a result of “unauthorized communications regarding collective bargaining,” per Wojnarowski.

This article will be updated soon to provide more information and analysis.

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