Daryl Morey said he resigned as general manager of Rockets to spend more time with his family.
A week and a half later, Morey was the new chairman of the 76ers.
How did Philadelphia attract him?
Marc Stein of The New York Times in his newsletter:
Industry insiders estimate that Morey has received a salary of more than $ 10 million annually. Specific figures were not released, but some insisted that the deal topped a $ 60 million five-year contract that Phil Jackson is said to have received when he was appointed by the Knicks as chairman. football team.
That̵7;s a hefty salary for a chief executive. Good for 76ers owner Josh Harris. There is no salary limit in the main office.
Also good for Harris to spend on a strong choice. Morey has proven itself to be an excellent general manager in Houston. If you are willing to pay that much, it seems wise to find someone who has shown the ability to do a good job.
Joel Embiid and Ben Simmons fit well. But Morey can afford to build a supporting cast around them – or maybe in the end get a trade-off. Or both! Morey is a wheelchair dealer.
Philadelphia also spent a lot of money to acquire Doc Rivers. All of this suggests a follow-up on luxury goods tax payments next season.
After last season, 76ers are paying the price for the best chance of success. But Harris will certainly expect high returns from his massive investments in the president, the coach and perhaps the squad.