How Warriors? $501,550,833 Tax Bill Helped Them Become the Most Valuable NBA Franchise of All Time

The team led by Stephen Curry has been working to become a formidable franchise since 2015 when they won their NBA Championship after 40 years. In this endeavor, the Golden State Warriors has now collected 6 rings. And now, the Dub Nation is eagerly looking for the 7th gold this season.

Due to their team effort the franchise today is the most valuable in the league. The Warriors are also head and shoulders above the rest in the NBA’s luxury tax system, where cash translates to penalties. But even with that being the case how are they the biggest franchise?

How’s Stephen Curry camp so valuable despite a high tax bill?

For the past two decades, the NBA’s luxury tax system has penalized clubs that exceed salary cap levels. Except for two teams?the Charlotte Hornets and the New Orleans Pelicans?every team has been in the taxpayer’s club at least once during this span. What is the aggregate cost of this dedication to success? A whopping $2.82 billion in fines. Some high-spending clubs have enjoyed success, while others, despite large expenditures, have had disappointing regular seasons and few playoff victories.

Among all, the Golden State Warriors actually have the biggest tax bill. The franchise has borne a half-billion-dollar tax penalty load throughout the years. It is a monument to its unwavering pursuit of excellence.

Surprisingly, the GSW has spent $334 million in the previous two years alone, due in part to the punishing repeater tax scheme. Furthermore, with forecasts reaching $200 million, they are on track to beat their previous record for the biggest single-season tax penalty. So the total tax penalties they have to pay is $501,550,833.

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But here’s when the plot takes an interesting turn. Aside from being tax giants, the Warriors are also the most valued franchise in the NBA. In just 13 years, the value of their franchise has risen from $450 million to a mind-boggling $7 billion. And all the credit for that goes to the players who gave their heart and soul to the franchise and were able to achieve glory. This remarkable growth is defined by their 6 championship wins in eleven Finals appearances, solidifying their dynasty status.

The Warriors land a tough draw in the upcoming season

The Golden State Warriors are preparing for the next NBA season with one goal in mind – redemption. Although, they couldn’t help but notice the difficult path ahead as they strongly surveyed their preliminary schedule, particularly in the early half of the 82-game slate. The Warriors will begin the season on October 24 with a nationally televised matchup against the Phoenix Suns, giving a high-profile stage for their redemption mission.

However, it is the next stretch that has piqued their interest. They will play seven of their next eight games on the road, against dangerous opponents, including teams from last season’s play-in round or playoffs. This arduous road journey takes in Sacramento, Cleveland, and Denver, home of the defending NBA champs.

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Some may perceive the difficult early road schedule as a possible stumbling block. But the Warriors see it as an opportunity to display their resilience.