Cavaliers owner Dan Gilbert is facing a potential record-setting $175.6 million in player salaries plus another $65 million in luxury taxes as well this coming NBA season in light of the deals the ballclub has closed with its core players.
Despite the seemingly astronomical amount, Gilbert is unfazed by it and stressed that he is committed and all-in.
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Gilbert looks at everything like an investment, not only for the present, but for the future. And given his huge investment on players like LeBron James, Kevin Love and Kyrie Irving, Gilbert believes that this is the right formula to garner success in the NBA.
One person who praised Gilbert for his willingness is no other than the player in that mix, James.
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"When you have an ownership group that believes what it's going to take, then money is not an object," James said. "It's a sign that [Gilbert] will do anything to help us go out there and perform."
The $175.6 million spent on payroll alone will place the Cavs only second to the Nets, who shelled out a record $197 million back in the 2013-14 NBA season.
The Cavs actually have a $10.5 million trade exception which they could use. But doing so will further push their payroll to over $200 million. Gilbert has yet to decide on whether he would use that too.
But the real question now is up to when will Gilbert be this generous and understanding? Spending this much is certainly hard to maintain though the best way to prove that this recourse is effective is seeing an NBA title.
With that said, it is now the turn of the players to hold up their end of the bargain.
With one year excusable, the Cavaliers don’t have much of a reason to fall this season meaning Gilbert and the Cavs owners are expecting their first NBA title by the end of the 2015-16 NBA campaign, nothing more and definitely nothing less.
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