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Knicks Jeremy Lin Luxury Tax Penalty Could Hit $68 Million ...
Jul 16, 2012 . Here's the popular explanation for why the Knicks are (maybe) going to let Jeremy Lin go: the luxury tax bill in the third year of Lin's deal would .
http://www.businessinsider.com/knicks-jeremy-lin-luxury-tax-penalty-could-hit-68-million-2012-7

Which NBA teams have paid the most in luxury taxes, since the tax ...
Jul 26, 2012 . The Knicks paid over $45 million in luxury tax penalties the year this picture was taken (Getty Images). The idea of a luxury tax to rein in .
http://sports.yahoo.com/blogs/nba-ball-dont-lie/nba-teams-paid-most-luxury-taxes-since-tax-144115533--nba.html


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With Dwight Howard in tow, the Lakers are facing a huge luxury tax hit
Aug 14, 2012 . There's a general tendency to think of the luxury tax as a penalty, and it is in the sense that anything past a future salary threshold has a .
http://sports.yahoo.com/blogs/nba-ball-dont-lie/dwight-howard-tow-lakers-facing-huge-luxury-tax-235034960--nba.html

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Luxury tax (sports) - Wikipedia, the free encyclopedia
The resulting total is then distributed to the remaining teams that are under the tax threshold. However, the luxury tax penalty is only applied if the league .
http://en.wikipedia.org/wiki/Luxury_tax_(sports)

Jeremy Lin would cost Knicks $43 million in salary and luxury tax in ...
Jul 15, 2012 . But, if the Knicks found themselves paying hefty luxury tax penalties, is it ridiculous to think that could have an adverse effect the company's .
http://www.sheridanhoops.com/2012/07/15/hamilton-for-knicks-linsanity-may-be-too-expensive/



Lakers Would Owe $94M in Luxury Tax If They Re-Sign Dwight ...
6 days ago . 'But they ain't seen nothing yet', as next year the luxury tax penalties increase under the new CBA, and you can couple that with the fact that the .
http://thehoopdoctors.com/online2/2012/09/lakers-would-owe-94m-in-luxury-tax-if-they-re-sign-dwight-howard/


Highlights

  • NBA Sets Salary Cap and Luxury Tax Level for 2012-2013 Season ...
    Jul 10, 2012 . Teams should take advantage of this dollar-for-dollar luxury tax penalty while they can, because there will be a much higher penalty instituted .
    http://bleacherreport.com/articles/1254347-nba-sets-salary-cap-and-luxury-tax-level-for-2012-2013-season

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  • NBA Salary Cap FAQ
    Jul 14, 2012 . Where does the escrow and luxury tax money go? Other than financial penalties, are there restrictions on taxpaying teams? How does revenue .
    http://www.cbafaq.com/

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What is the luxury tax?
Teams can spend above the cap without penalty - up to a certain point. But once a team's payroll hits the luxury tax threshold, the franchise faces additional .
http://basketball.about.com/od/nba-cba-glossary/g/luxury-tax.htm



Salary cap - Wikipedia, the free encyclopedia
Typically these penalties are financial in nature; the luxury tax is a common penalty used by leagues. A salary floor is a minimum amount that must be spent on .
http://en.wikipedia.org/wiki/Salary_cap


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  • Jerry Buss, Lakers Face Heavy Luxury Tax Penalties, But It's All ...
    Aug 22, 2012 . An article explaining the harsh luxury taxes the Lakers face, but also an article explaining the brilliance of Dr. Jerry Buss and his desire to win.
    http://www.lakersnation.com/jerry-buss-lakers-face-heavy-luxury-tax-penalties-but-its-all-good/2012/08/22/

Lakers face day of reckoning with NBA luxury tax - Los Angeles Times
Sep 18, 2012 . This is the last season the Lakers will pay a dollar-for-dollar penalty for exceeding the luxury-tax threshold, meaning that their league-high .
http://articles.latimes.com/2012/sep/18/sports/la-sp-lakers-luxury-tax-20120918



Mavs step down as West's luxury tax kings - Dallas Mavericks Blog ...
Jul 27, 2012 . Taking on luxury tax starting with the 2013-14 season will result in stiffer tax penalties and will also significantly restricts how a team can alter its .
http://espn.go.com/blog/dallas/mavericks/post/_/id/4691175/mavs-step-down-as-wests-luxury-tax-kings


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Lakers face same salary cap, luxury-tax obstacles - Lakers blog ...
Jul 11, 2012 . The Lakers will be taxed, $1 for $1, by being over the luxury-tax threshold of $70.307 million this season — and the penalties will increase in .
http://lakers.ocregister.com/2012/07/11/lakers-face-same-salary-cap-luxury-tax-obstacles/73422/


Why 2013 Is Dictating The NBA Rumors We See In 2012 - SB Nation
Jun 26, 2012 . That's a pretty big year for many top NBA teams, because that is when harsher luxury-tax penalties start to kick in. In the past, teams paid a .
http://www.sbnation.com/nba/2012/6/26/3114701/nba-draft-2012-rumors-rudy-gay-luol-deng


Great Article explaining new CBA (Luxury Tax, FA, etc...) - ClutchFans
Four year deals are the norm, superstar extensions are practically obsolete, and the luxury tax penalties are stiff enough to make even Paul .
http://bbs.clutchfans.net/showthread.php?t=223077


Spurs Nation » Duncan's salary cut provides tax relief
Jul 25, 2012 . Tim Duncan's $11.5 million pay cut allowed the Spurs to sign free agents and avoid the NBA's luxury tax penalty. (Edward A. Ornelas .
http://blog.mysanantonio.com/spursnation/2012/07/25/duncans-salary-cut-provides-tax-relief/


 

Knicks Have Paid More Luxury Tax Than Any Other Team | Daily ...
Jul 26, 2012 . Although the franchise did pay the tax in years prior, Thomas essentially put the Knicks there for good. The luxury tax penalty was instituted in .
http://www.dailyknicks.com/knicks-have-paid-more-luxury-tax-than-any-other-team/3664/2012/07/26

 
 

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No Way the Knicks Match Landry's Offer Sheet, Right? | Analysis for ...
Jul 12, 2012 . He is going to be paid twice as much as I thought he was worth and the new luxury tax penalties make the deal even more unappealing (see .
http://knicksbricks.com/?p=2083



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Lakers Must Win Big In 2013 | CraveOnline
3 days ago . The tax level is set at $70 million and the penalty is a $1 tax per $1 over . roughly $94.5 million in luxury tax penalties and this would only get .
http://www.craveonline.com/sports/articles/196481-lakers-must-win-big-in-2013