Warriors co-owner and team CEO Joe Lacob has reportedly been fined $500,000 by the NBA after he made critical comments about the league’s luxury tax, according to ESPN’s Adrian Wojnarowski.
The fine comes after Lacob was a guest on the Point Forward Podcast, which is hosted by Warriors wing Andre Iguodala and former player-turned-Celtics assistant Evan Turner. Lacob appeared on the show’s July 15 episode, during which he called the NBA’s luxury tax “very unfair.”
“The hardest thing of all is navigating this luxury tax, unfortunately,” Lacob said. “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.
