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Very good point.Originally Posted by HankMoody
Originally Posted by 617jordanhead
This is why the trade didn't happen
- every team over the luxury cap (70 million) pays a dollar for dollar tax on everything past that cap. So if the Lakers had a 91 million dollar payroll, they'd have to pay an additional 20 million in luxury tax charges, bringing their payroll cost to 111 million.
Instead, they drop their payroll by 10 million on the backs of the New Orleans/NBA franchise. So not only are the owners taking on an additional 15 million in payroll, they're losing an additional 10 million dollars that would have been redistributed in revenue sharing.
This too. Good point.