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re: Why are the Pels so strapped for cash?

Posted on 6/24/14 at 6:02 pm to
Posted by PrimeTime Money
Houston, Texas, USA
Member since Nov 2012
27351 posts
Posted on 6/24/14 at 6:02 pm to
quote:

I wonder if the owner of the Rockets is willing to take a hit with the luxury tax?

June of last year:

“I have enough money, but I don’t have enough championships,” Rockets owner Leslie Alexander said. "If you’re not in it to win championships, you shouldn’t be in it. I would be thrilled to pay the tax if we have a championship-caliber team. Obviously, you have to get the players to pay the taxes. You have to get great players; otherwise, you’re just spinning your wheels. When you get the great players, you don’t want to lose them. You have to pay whatever it takes to keep them. That’s when it becomes really fun to be an owner and to be a fan of the Rockets."

This post was edited on 6/24/14 at 6:04 pm
Posted by Mack
Member since Nov 2013
827 posts
Posted on 6/24/14 at 7:10 pm to
quote:

I have enough money, but I don’t have enough championships,” Rockets owner Leslie Alexander said. "If you’re not in it to win championships, you shouldn’t be in it. I would be thrilled to pay the tax if we have a championship-caliber team. Obviously, you have to get the players to pay the taxes. You have to get great players; otherwise, you’re just spinning your wheels. When you get the great players, you don’t want to lose them. You have to pay whatever it takes to keep them. That’s when it becomes really fun to be an owner and to be a fan of the Rockets."


I like this owner's mindset
Posted by adono
River Ridge
Member since Sep 2003
7307 posts
Posted on 6/24/14 at 7:26 pm to
“I have enough money, but I don’t have enough championships,” Rockets owner Leslie Alexander said. "If you’re not in it to win championships, you shouldn’t be in it. I would be thrilled to pay the tax if we have a championship-caliber team. Obviously, you have to get the players to pay the taxes. You have to get great players; otherwise, you’re just spinning your wheels. When you get the great players, you don’t want to lose them. You have to pay whatever it takes to keep them. That’s when it becomes really fun to be an owner and to be a fan of the Rockets."


Definitely answers my question!

Looks like we'll see if his actions match his words. They're going to end up with another big name on that team.
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