Bob Myers Salary as the Warriors General Manager
Bob Myers reaps a salary of $8 million USD as per his contract.
Since the appointment of Myers as a manager of the team, the Warriors have become dominant giants in the NBA games. As such, the Warriors are doing everything and splurging every penny to sustain him. As of 2022, Bob is one of the highest-paid NBA general managers. He has been maintaining this status for nearly a decade.
According to Career Explorer Guide, the Californian native is third on the Top-paid NBA GMs list for 2022. He is only behind Pat Riley and R.C. Bufford, who are first and second-highest paid respectively. Apparently, Pat earns $11 million USD as Maimi Heat manager, while Bufford bags $9 million USD from San Antonio Spurs.
Besides his base salary, Bob Myers also generates a handsome income from bonuses and incentives. However, he doesn't seem exclusive about his finances. For instance, when he signed a contract extension in 2016 with a significant pay increase, the terms in the papers were not disclosed to the public.
Bob Myers and Joe Lacob has done a wonderful job of building the Warriors' culture 🙌 pic.twitter.com/wdSK8QzcuK— Warriors Nation (@WarriorNationCP) June 16, 2022
Bob isn't the only one in the team with such huge earnings. In fact, the Warriors are the most expensive NBA team when it comes to spending money. They are deemed to be more expensive than any other sports team in northern America.
Reports entail that the Warriors paid around $176 million USD to their players in 2021/2022. Similarly, they also paid around $170 million USD in taxes, which summed their expense to a whopping $346 million USD in total. Similarly, the Los Angeles Clippers were second with an expenditure of $250 million USD.
Surrounding the criticism about the payroll, Myers clapped back in an interview stating, "I mean, we drafted a lot of these guys, we developed them. It's not like we went out and signed all these guys as free agents and built some team that way." He is, indeed, right about this to many extents. With a value of $5.6 billion USD, the Warriors are the second most valuable NBA team.
This explains why the Warriors are so eager to spend millions on Bob as the manager. Though his strategy could end up costing huge money, he is also generating profits for the team.