Author Topic: Luxury Tax  (Read 3225 times)

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Re: Luxury Tax
« Reply #15 on: June 04, 2017, 12:57:08 PM »

Offline ETNCeltics

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Seriously doubt the GSW are going to do what some here are suggesting. The Celtics certainly aren't going to do that, and no one can blame them. It won't just be $200M, we're talking $250M+.

Keeping all those stars at the max + salary cap penalties could be nearly double GSW's revenue. They don't have a super rich owner like Portland or Cleveland, and every sport has shown us that very few owners are willing to go way overboard for more than a year or two like Steinbrenner always did.

It's a safe bet that GSW will do something significant a year or two down the road with their roster, because they're not carrying 4 max players.

Re: Luxury Tax
« Reply #16 on: June 04, 2017, 01:23:15 PM »

Offline footey

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For guys like Cuban and Balmer, luxury tax is a minor annoyance. Wyc is not in that financial category to my knowledge.

If this trend continues, only multi-billionaires will be able to own competitive NBA Franchises.
« Last Edit: June 04, 2017, 01:30:44 PM by footey »