Joe Lacob Rumors
Steve Kerr and Warriors management held preliminary contract extension talks last summer, but Kerr tabled final discussions until next summer to make sure he felt healthy enough to make a long-term commitment, Kerr told The Athletic on Sunday evening. Kerr and general manager Bob Myers held the initial talks — and Kerr, Myers and Warriors owner Joe Lacob all told The Athletic on Sunday that they fully expect that Kerr will sign an extension next summer.
“We just agreed we’d wait,” Kerr said. “I’ve got two years left on my deal and wanted to make sure that everything went well this year health-wise. And I don’t anticipate any issues going forward. “I don’t have any desire to be anywhere else. So I’m sure when we get down to it, we’ll come to an agreement pretty quickly.”
In light of that, primary owner Joe Lacob thought it justified to adjust West’s compensation downward. Exact figures are hard to come by because West’s salary was partly dictated by franchise evaluation and some monies were deferred to enable him to buy a small stake in the team—remember that “small” in this business means as much as $1 million. But the best estimate is that West was asked to take what one source called a “material” pay cut to about $1 million. The best guess on material is about 50%, meaning that West had been making about $2 million. (Neither West nor Lacob would comment directly on dollar figures.)
Golden State Warriors majority owner Joe Lacob and his son, assistant general manager Kirk Lacob, have been accepted into the North American League of Legends Championship Series as the newest franchise owners, sources close to Riot Games and the Lacob family told ESPN.
On top of that, as the Warriors prepared for the postseason, Warriors owner Joe Lacob was considering offering Curry a contract below the max, even though Curry has been one of the most underpaid players in all of sports over the last three seasons. Warriors general manager Bob Myers kept Lacob from bringing a reduced offer to the negotiating table, but it was enough of a thing that Myers reassured Curry of the franchise’s commitment. Curry wound up getting the largest contract in NBA history: five years, $201 million.
Despite continuing to question the city’s charges on its 2017 NBA title parade bill, the Warriors held their nose Thursday and paid for all the expenses from the event, following through on owner Joe Lacob’s promise to cover the tab.
Meanwhile, the city pulled the $244,000 charge for the 2015 NBA championship parade, acknowledging Thursday it should not have ever billed the team for those costs. “Due to a misunderstanding within the city, the (2015) invoice should not have been issued,” city spokeswoman Karen Boyd said in an email.