Joe Lacob Rumors
It’s the kind of economic reality that rival teams hope short-circuits this Warriors’ run, the last, great hope that the “Super Villains” core will be broken up. Except for one thing: Their Death Star, this 11-acre entertainment district that will help owners Joe Lacob and Peter Guber balance their books with concerts and shows, doesn’t have a fatal flaw. “It’s the absolute foundation for our success for – I would argue – decades to come, because it ensures that we’re going to be competitive financially with any other team in the league,” said Warriors president Rick Welts, who has spent recent years shepherding this project while navigating political minefields and, he estimates, taking part in more than 500 arena-related meetings. “Even under this new collective bargaining agreement, the numbers are getting kind of eye-popping, if they weren’t already, in terms of what it’s going to take financially to field a championship-caliber team. And I think our view is that it ensures this future for as far into the future as we can see.”
Kerr, who told The Athletic in October there are plans to extend his contract next summer, clearly expects to be here when the Chase Center opens. Long before this visit, when assistant general manager Kirk Lacob was making sure the coaching staff had a say in the building strategy, Kerr made a few specific requests that were ultimately granted. “How the courts were going to be angled, (like) which way, and based on the lines (of sight), and how many hoops (there would be),” he explained. “There were a few details that I felt strongly about it. The balcony (overlooking the court). We have a lot of visitors to practice — coaches. And we wanted access for people to come in and visit and watch without being able to go downstairs.”
But based on the rules of today’s NBA, this is what it takes to stay on top. And jokes aside, this isn’t the kind of joy ride anyone wants to hop off of – least of all Kerr, who missed 43 games in the 2015-16 regular season and 11 playoff games last season because of complications from botched back surgery in 2015. “I love what I do, so I keep doing it,” Kerr says when asked about his long-term view. “Coaching is actually helpful, and it’s no secret that I still deal with a lot of pain. But it’s not like I’m going to walk away because of it. I love what I do. I love coaching. I love being around the guys, and I’ve just had to learn how to kind of manage my life. So that’s what I’m doing.”
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.