Browsing Luxury Tax

6 Teams Paying Luxury Tax for 2016 MLB Season

Posted on 17 Dec, 2016, by in MLB

Paying the luxury tax is becoming a bigger and bigger problem for the large spenders in Major League Baseball, but it’s not something everyone avoids. Six teams: The Yankees, Cubs, Red Sox, Dodgers, Tigers and Giants are on the list of “offenders”, a new record for number of teams. More

NBA Rumors – Cleveland Cavaliers Might Break Luxury Tax Record

Posted on 16 Jul, 2015, by in NBA

After re-signing LeBron James, Kevin Love, Iman Shumpert and likely bringing back Tristan Thompson while also negotiating things with J.R. Smith and Matthew Dellavedova, the Cleveland Cavaliers are going to pay a lot of money through luxury tax, maybe even breaking the record. More

NBA Teams Over the Luxury Tax Line

Posted on 24 Jul, 2014, by in NBA

The Luxury tax is a dreaded word among NBA front offices, and yet there are four teams that enter this season going over the line: The Brooklyn Nets, the New York Knicks, the Los Angeles Clippes and the Boston Celtics. More

Brooklyn Nets Breaking Luxury Tax Records

Posted on 10 Jul, 2014, by in NBA

Money doesn’t buy success, although it usually helps. With a cap hit of over $117 million, the Brooklyn Nets will pay a record breaking $90.57 million in luxury taxes for their payroll during the 2013-2014 NBA Season, which ended in the conference semifinal. More

Winners & Losers From the New CBA in the NBA

Posted on 21 Sep, 2013, by in NBA

While having money to spend over the luxury tax is never a bad thing, the CBA entering its third year in the NBA has made it more about wise financial management more than ever. Teams like the Brooklyn Nets, Houston Rockets and Memphis Grizzlies have made the right choices, each in its own way, while the Los Angeles Lakers, Boston Celtics and Dallas Mavericks have been on the wrong end of the new agreement. More

NBA Teams Paying the Luxury Tax in the 2013-2014 Season

Posted on 28 Jul, 2013, by in NBA

In the 2013-2014 NBA season, there are seven teams that will be over the luxury tax line – all of them in big markets which makes it less of a problem than it would be on the rest of the league. The New York Knicks, Chicago Bulls and Los Angeles Lakers are the obvious choices, but the Los Angeles Clippers, Brooklyn Nets, Miami Heat and the run down Boston Celtics are also in the tax zone for next season. More

The NBA’s New CBA – Teams Hurt the Most

Posted on 1 Dec, 2011, by in NBA

The NBA Lockout didn’t level the playing field for small market teams. It went after those with a lot of big contracts, like the Miami Heat with LeBron, Wade and Bosh. The rich teams in big markets and those with wealthy and spending owners like Mark Cuban can keep on spending. More