Nov 28, 2011, 8:06 AM EDT
Part of the reason we lost 480 NBA games this season is because a bunch of owners were pissed at the Lakers, Mavericks, Heat, Celtics and other owners willing to spend over the luxury tax. Small market owners wanted to tie the hands of the big spenders in the name of the mythical “competitive balance.”
They got their wish… but not right away.
The most punitive measures for big spending teams don’t kick in until year three of this labor deal, reports Ken Berger at CBSSports.com. So spend away, Buss family, you’ve got a couple more seasons before a bill comes due.
Luxury tax rates: The same dollar-for-dollar as in the previous CBA for the first two years. Starting in Year 3, the rates increase to $1.50 for the first $5 million over; $1.75 for $5-$10 million over; $2.50 for $10-$15 million over; $3.25 for $15-$25 million over; and an additional 50 cents for each additional $5 million (same as previous proposal).
Repeater Tax: A dollar-for-dollar additional tax for teams that are above the tax line for a fourth time in five years (same as previous proposal).
That means the tax is the same for two seasons and the repeater tax can’t hit a team until 2015 at the earliest. These are delayed bills that give today’s big spenders a chance to reduce salary — except they are all are already in a pretty good spot in a couple years.
To use the Lakers as an example, they currently have only $61 million on the books by the time the higher taxes kick in ($30 million of that goes to Kobe Bryant and $19.2 million to Pau Gasol). The Lakers will have time to bring their payroll to whatever level they deem reasonable (which will still be over the tax, just likely not in the $90 million range anymore).
Even the Heat, with their current big three and others roster, are at $71 million for the season the tax rates jump. They, too, will spend more but have time to prepare. That or ship Chris Bosh out.
In the short term none of these teams will not have as large a mid-level exception as others, but that is about the only new restriction on them for now. For the next couple years, it’s business as usual for the spenders.
Mar 16, 2014, 6:30 PM EDT
Patrick Beverley leaves LeBron James in the dust, before attacking the rim and throwing down a huge slam on Chris Bosh.
Mar 16, 2014, 5:00 PM EDT
LeBron takes a nice pass from Wade and elevates over Dwight Howard for the vicious first quarter slam.
Mar 16, 2014, 3:30 PM EDT
Jarrett Jack believes custom fitting players with the sleeved jerseys would reduce the complaints. But he still doesn’t like the way they look, regardless of how they do or do not impact performance. “We’re like the Beach Police,” Jack said.
Mar 16, 2014, 2:01 PM EDT
How I wish “Brian” were real. Alas, this is a faux documentary on former NBA player Brian Scalabrine is not real. Still, the trailer is brilliant. An actual documentary following Scalabrine, now an assistant coach with the Golden State Warriors, would be interesting. He’s long been one of the better interviews around the NBA, his…
Mar 16, 2014, 12:30 PM EDT
Jim Cleamons is currently an assistant coach with the Milwaukee Bucks, but he was a member of Phil Jackson’s coaching staff both in Chicago and Los Angeles, and has nine championship rings to show for it. The Bucks happened to be in town to face the Knicks on Saturday, just one day after the news…
Mar 16, 2014, 11:00 AM EDT
Doc Rivers, Chris Paul and DeAndre Jordan all recently explained why they’re against the NBA raising its age limit. But there are valid reasons on the argument’s other side.
Mar 16, 2014, 9:30 AM EDT
John Wall splits two defenders near mid-court before putting the exclamation point on a win over the Nets with a thunderous slam.
Mar 16, 2014, 8:00 AM EDT
The Sixers are currently riding a 20-game losing streak, but for better or for worse, no one inside the Philadelphia organization is deluding themselves as to what’s going on there this season. Call it tanking, or as the NBA’s new commissioner Adam Silver prefers, rebuilding. But either way, there’s going to be a whole lot…
Mar 15, 2014, 10:30 PM EDT
There are plenty of players who make exaggerated vocal noise during the course of an NBA game, with Carlos Boozer of the Bulls perhaps heading up that very long list. While it’s accepted to a certain extent, it’s also nice to see a veteran of the game point out just how ridiculous it is. During…
Mar 15, 2014, 8:59 PM EDT
How Detroit’s Andre Drummond staggered and went down after this hit, and how he stayed down for several minutes (all the way through the ensuing commercial break not part of the above video), is a little frightening. The medical staff brought out a stretcher but he got up under his own power and was helped…
Mar 15, 2014, 8:00 PM EDT
Joakim Noah receives a $500K bonus if he’s named to the All-NBA first team. Does he have a shot?
Mar 15, 2014, 6:30 PM EDT
Carmelo Anthony seems initially pleased with the hiring of Phil Jackson. Mike Woodson, on the other hand, didn’t sound quite as optimistic — for obvious reasons.
Mar 15, 2014, 5:00 PM EDT
The Thunder are just a game back of the Spurs for the league’s best record, an achievement that would guarantee home court advantage throughout the playoffs. But they’ll willingly be hurting that effort by resting Russell Westbrook as a precautionary measure in certain back-to-back sets.
Mar 15, 2014, 3:30 PM EDT
We’ve known for a very long time that the Lakers wouldn’t be making the playoffs this season. After Friday night’s loss, it became official.
Mar 15, 2014, 2:00 PM EDT
The mere presence of Phil Jackson in the Knicks front office will have an immediate impact in terms of big-name free agents looking at New York as a possible destination.
Mar 15, 2014, 12:30 PM EDT
After playing out consecutive 10-day contracts, the Nets have signed Jason Collins for the remainder of the season.
Mar 15, 2014, 11:00 AM EDT
Kenneth Faried showed why the Nuggets would have been crazy to trade him at the deadline, as he helped send the Heat to their fifth loss in six games.
Mar 15, 2014, 9:30 AM EDT
Ultimately Thomas Wolfe will be proven right, you can’t go home again. Not even Phil Jackson. It’s easy to sit back and list the reasons Jackson’s return to the team that drafted him, taking over basketball operations of the New York Knicks, will not work: James Dolan; Jackson has never had any front office experience before;…
Mar 15, 2014, 8:00 AM EDT
Evan Turner wasn’t initially that fond of the Sixers new GM, but he may have changed his mind on his way out of town.
Mar 15, 2014, 12:46 AM EDT
I wouldn’t say Utah’s Enes Kanter dunks on the Clippers’ DeAndre Jordan because that implied Jordan got in his way. Jordan went for the block but kind of tried to swipe it as Kanter went by. Didn’t work, big dunk for the Jazz. The Clippers went on to win the game 96-97, their 10th consecutive…
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