how much you spend has no relevance it is how much you make or lose that matters
How much is Golden State going to pay next season?? And 2 years from now??
Surely they would also be paying a massive luxury tax in the coming years. I doubt Klay and Draymond take massive pay cuts to stay, and even with KD taking some pay cuts to keep some bench guys (Iguodala, etc.), they are still paying a pretty big luxury tax I believe.
They’re going to get squeezed, but they made $90 million profit last year, so they’ve got a lot of wiggle room.
And Golden State has so much success I don't think the owners would care about the money.
I read that Abramovich (owner of Chelsea FC) has spend 2 billion since he became owner in 2003. They've won 5 national titles in England and 1 Champions League. I think he's very pleased with the result.
I'm not sure I follow.
Abramovich has invested about 2 billion pounds (that is like 2,8 billion dollars). He bought Chelsea in 2003 for around 140 million pounds and he paid of some debts the club had. Then he financed transfers of players in the following years for about 1,7 billion pounds (in football/soccer you don't trade players but you just buy them, like the Celtics would pay 80 million to Phoenix to get Booker for instance).
Apparently most of this investments (like a billion) were in the form of interest-free loans. But that doesn't mean Chelsea has to pay this back, since Abramovich is the owner he just loaned money to himself. A football club generally doesn't make profits and of course he's not going to sell the club, so he spent 2 billion pounds and he won't get that money back. But obviously that doesn't really matter since the club has had great success by his investments.
Just to be super clear on this point, they absolutely do make profits. The latest TV deal is the same size as the NBA one but only split between 20 teams.
Chelsea do tend to make a loss but they are an exception not a rule at the top. The latest available figures have Man Utd making £50m in 2015-16. 12 clubs made a profit, 8 didn't. But all 20 saw a huge increase in sale price which bodes well for when they eventually sell on.
On Abramovich, he probably won't get that money back but because of the way it's structured he could decide to milk the club until he does. I don't see him ever selling though, he seems to have too much fun, the club is just a play thing for him.