Has anyone heard of anything about Cohan being in tax trouble. I mean severe tax trouble. Millions that may force him to sell his ownership of the Warriors. Oracle - Ellison - the IRS - is it all falling into place?
<div class="quote_poster">boogielew Wrote</div><div class="quote_post">Has anyone heard of anything about Cohan being in tax trouble. I mean severe tax trouble. Millions that may force him to sell his ownership of the Warriors. Oracle - Ellison - the IRS - is it all falling into place?</div> Man, I hope so. Cohan is not the worst owner in basketball, but he is one of the worst, and the poorest in terms of super wealthy owners. He ain't no billionaire.
Ellison seems like the white knight with all his $$$ and personality but he may just be a mirage. Look at what Paul Allen did to the Trailblazers and Schultz did to the Sonics. I give Cohan credit for spending $$ and trying. If anything, he's let those he hired make too many bad decisions.
I also do not consider Cohan as a cheap owner, because he spends money when necessary. Certainly, he does not wish to pay luxury tax, but that's same as almost all owners. Only Knicks, Philly, Dallas owners, and Lakers to the certain extent really opened up the wallet, and I can't blame Cohan for being cheap, just because he is not among top 4 owners. We are currently 12th in payroll, and payroll is most likely to increase each year. That has been said, I really don't mind ownership change, by the same reason why I didn't mind Saint being replaced by Mullin at the beginning; to shake up bad mojo whether he deserves or not. There are just too many negative aura from fans. Certainly, Cohan didn't deserve some bad reputation, and I don't recall Cohan being a cheap owner. But many fans are not exactly rational, and the quickest way to shake up the bad reputation surrounding Warriors is to change the owner...
Cohan is certainly not cheap. He just isn't a very good owner. No team should ever have this much turnover in their front office. Cohan's "idea man" Robert Rowell is mainly the guy responsible for all the poor decisions over the last several years. He's the one that got rid of Musselman after his "disappointing" second season even though I consider it a minor miracle he won the same number of games as the year before, even though the team had way more injury problems. Rowell is a good businessman, he just medles too much in the basketball side of things.
Cohan isn't horrible but he just kept hiring the wrong people to be in charge of basketball operations. I don't think Mullin has done a good job to this point but based on reputation and history, Mullin single handedly brought us Don Nelson. The same guy who had an ugly lawsuit with Cohan! Mullin may have signed Foyle, Fisher, Murphy and Dunleavy to overinflated contracts but bringing back Nelson was HUGE. It only took us twelve years to get us back to the same point of before Cohan's regime. I'd like Ellison personally. It never made sense to me why Cohan would willingly agree to overpay for roleplayers and NOT go over the luxury tax. Especially when we didn't and still don't have a guy as good as Dirk. Ellison is very, very, very rich and I doubt he'd care about luxury tax.
Yeah, I think everyone's right that it's not about Cohan and his money, it's about his decisionmaking and his inability to hire the right people who can run the operations for him. He just doesn't have a clue. But Cohan still isn't that rich of an owner and because of that, it may force him to make some short term moves that could alter long term. Like if there were a luxury tax one season and he couldn't afford it and let's say it cost us Ike or Jrich or Ellis to avoid short term luxury before expiring contracts saved us, it could alter our future. *pant *pant* long sentence or run-on sentence. Oh well. Yeah, I never liked Rowell. Especially after he pinned the underachieving part on Musselman. Our old one-time all-star type fogies that we traded for were actually good and for the first time I felt Mullin actually knew what he was doing because he had a large hand in getting those vets who also doubled up as cap relief. Defensively, I think they were better than our most current teams if guys like Jrich, Dunleavy, and Murphy weren't playing. I just hope we can finally build a team where we can attack in different ways and we won't be so limited offensively and defensively and creating a shot. When a point guard can't run a simple fastbreak or cough up that rock or our center can't catch and our power forward can't defend or our guards and wings can't shoot or defend, that's just hard to swallow We'd think being in the lottery for the last 12 seasons would never happen because of being in the lottery for 12 seasons.
<div class="quote_poster">Quote:</div><div class="quote_post">Cohan isn't horrible but he just kept hiring the wrong people to be in charge of basketball operations.</div> That quote is hilarious. Hiring the right people is the most important part of his job as owner.
<div class="quote_poster">CohanHater Wrote</div><div class="quote_post">That quote is hilarious. Hiring the right people is the most important part of his job as owner.</div> Yeah, that's a contradicting statement, huh? Okay he's not the most horrible.... How's that? I think Clippers' Donald Sterling and Elgin Baylor were bad for a long long time until they made that chicago trade for Brand and brought in Dunleavy Sr. to add a few things the management wasn't looking at.
Well, unlike most business, sports franchise owners are usually clueless on the franchises they own. That has been said, it's just amazing how he can make wrong choices after wrong choices. You would think he will get lucky some time. For Mullin, it's true that only Mullin could have brought Nelson. Also, Mullin made Cohan to spend money beyond any other GMs couldn't dream of. Also, Mullin drafted very well. But, if he had any clue of spending money well, he would have been a good GM. It's really unfortunate that our financial situation is already at the limit, and it's only going to be worse in next two years...
Well Kwan it's no shock, right? We've only been talking about this day for the last two years. I mean you prepared us for it
