So it looks like Jeff Bezos put his hat in the ring to buy the suns. I wish this ownership team up for sale so we can get a billionaire of our own to buy it
This team doesn't need a billionaire owner. It's self sustaining. It makes massive profit every year. The group bought the team for $360 million. It's now worth $3.55 billion. The team grew in value $3.195 billion in 20 years.
All they need to do is allow Brad to spend. They have gobs of money and will probably still make profit with deep playoff runs while having a very large tax bill.
The Celtics currently have the 5th highest active cap value at about $172M. How much more should we spend? Do people want us to be the Clippers? I totally agree we don't need Jeff Bezos. This ownership is doing just fine. There is more to owning a successful professional sports franchise than spending.
We should spend what it takes to win. We are now a true competitor. For example GS, the team that beat us in the finals, is spending $17M+ more than us. That $17M+ rings a bell?
Last season, 11 teams spent more than us but only one of those made it to the finals like us. I want the team to spend and contend but spending just for the sake of spending doesn't help win championships.
This season we are spending a lot more than last and are much closer to the top of the league spenders. We have done that by continuing to spend smart. I am OK with that. Too many teams that spend recklessly end up being bad and bad for a while. I don't want to be one of those teams. I don't know what kind of owner Bezos would be but I would rather not take the chance.
Didn't the highest spending team win last year?
The team was mediocre to start the year so not spending into the tax last year was no big deal. That the team got to the Finals without spending into the tax was a bonus.
Seeing what they had, ownership did the right thing in spending this year to get over the top. However, they needed to go all in and have squandered a $17 million TPE that could have added someone that could have put the team over the top.
How great would it be for the team right now, but also for quality depth come the playoffs, if players that got traded that fit in the TPE, like Kelly Olynyk, Nerlens Noel(I know limited to start the season), Derrick Favors, Lauri Markkanen, Justin Holiday, Kevin Huerta or Kentavious Caldwell-Pope we're acquired? Heck, Holiday and Olynyk could both have been added using different TPEs.
Lots of money? Yup. But they haven't paid tax in years and have sacked away a ton of profit in those years. Investing it now on the first year of paying extra high tax for several years might have been the thing that puts the team over the top. Not because of adding one or two players. Individually the 8th and 9th guys don't put teams over the top. But adding two 8th and 9th guys to a team already 10 deep but possibly needing depth 11 or 12 deep due to injury prone players on the roster could be the difference of getting home court advantage through the playoffs and being able to play game 7s at home. A very key thing in a league with possibly 8 teams with realistic shots at the title.
So, yeah, I don't think they spent enough this year and it could come back to bite them.