Q, I agree that going into the second apron is punitive, but I have laid out a potential Wolves 2024-5 cap situation that keeps us under it (for instance, I don't see a guy like Jaden McDaniels (who didn't even cracking the top 100 nba players pre-season and didn't make all-nba defense) getting paid the $30 million suggested here). And I was replying to Tim's statement that he didn't see ownership willing to go that deep into lux tax land. But again, I think we are looking at Lore through a midwestern lens that we are accustomed to seeing in local ownership. When you evaluate what Lore may or may not do, don't compare him to a normal businessman. Compare more him to an Elon Musk...someone who completely throws caution to the wind when making a business decision, rather then having the decision influenced by a roomful of green eye-shaded propeller heads like Taylor would. Lore is a risk-taking visionary...heck, look no further than Telosa to understand who he is! Is paying luxury tax foolish? To mere financial mortals with some degree of sanity like you and me, certainly. But to a crazy guy with a $4 billion net worth who wants to win an NBA championship, maybe not.Q-is-here wrote: ↑Thu Jun 15, 2023 9:22 amFNG, you really need to listen to that Dane-Jack Borman podcast from a few weeks ago where they went into Lore's finances and the unlikelihood of most teams going into that second apron.FNG wrote: ↑Thu Jun 15, 2023 6:53 amCould be, Tim...but we just don't know. Here's what we do know though. Marc Lore is not Glen Taylor. Glen is Mankato Milquetoast, Marc is Staten Island brash. I'm not going to diminish Glen's business success, but he seems to be much more cautious than Marc. And Lore's net worth is reputed to be much higher than Glen's (without even considering what ARod adds to the pot). Everything I read about Lore tells me he's not a guy who's comfortable not winning, so I think we are entering an era we aren't used to seeing in Minnesota. The era of the cautious businessman owner personified by the Pohlads and Taylor is over...we may now have much more of a riverboat gambler in Lore, and spending some of his immense net worth to win a championship might be on the table.60WinTim wrote: ↑Wed Jun 14, 2023 4:36 pm
I certainly agree that when the rubber hits the road next offseason, some tough decision will need to be made. And that includes trading Rudy or KAT. The Wolves fell far shot of achieving their potential this past season. But if the front office feels strongly that they can do something special if given another chance, why make a change of direction now when you can do it next season with more information to make competent decisions.
Now, if you don't think this group can do something special next offseason, then by all means, have at it...
FNG - I don't think there is any way the Wolves would venture that far into the luxury tax, if at all.
Of course Lore can literally afford to go into the second apron, but there are lots of things people of all wealth levels can technically afford, but realize it would be stupid to spend the money on it. The second apron is so punitive that it would be foolish to cross that threshold unless you are talking about the chance of being a dynasty.
Again, I may be reading Lore completely wrong...he may not as competitive and out there as I see him, and if so, we will see him deal either KAT or Rudy before having to pay any lux tax. But I see him as intensely competitive and willing to do anything to show people he is a winner. He was the New Jersey 55-yard state champ his senior year in high school, while he was regularly skipping school and track practice to count cards at the Atlantic City blackjack tables. And of course he challenged and beat Jerry Rice in a 40-yard race just three years ago. And if you look at some of his business ventures (most, but not all, of which have been successful), you see a guy who is not willing to swing for the fences. This is not your father's Timberwolves owner, and I believe his is going to go anything it takes to bring a championship to this town.