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Eazy-E

Do we still try to resign McBob?

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I expected about that much.  Good.  Guy gives it all out there and is an all around good player.  Good job by the front office.

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How does the luxury tax work?

Don't quote me on this, but for every five million dollars you are over; there is a dollar amount that is multiplied to either your total salary or however many dollars you are over (not sure which one) and that is money that you send directly to the league.

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Don't quote me on this, but for every five million dollars you are over; there is a dollar amount that is multiplied to either your total salary or however many dollars you are over (not sure which one) and that is money that you send directly to the league.

 

so the luxury tax comes once you go over the cap?

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How does the luxury tax work?

In 2013-14, the tax rate will be as follows:
$1.50 for every dollar over the tax threshold up to $4.9M over the threshold
$1.75 for every dollar from $5 to $9.99M over the threshold
$2.50 for every dollar from $10 to $14.99M over the threshold
$3.25 for every dollar from $15 to $19.99M over the threshold
$3.75 for every dollar from $20 to $24.99M over the threshold
An additional $0.50 for every dollar for each additional $4.99M increment after that
 
This is different than in other years when it was a flat rate above the threshold.  The incremental increase is supposed to deter teams from stacking rosters.

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How does the luxury tax work?

In 2013-14, the tax rate will be as follows:
$1.50 for every dollar over the tax threshold up to $4.9M over the threshold
$1.75 for every dollar from $5 to $9.99M over the threshold
$2.50 for every dollar from $10 to $14.99M over the threshold
$3.25 for every dollar from $15 to $19.99M over the threshold
$3.75 for every dollar from $20 to $24.99M over the threshold
An additional $0.50 for every dollar for each additional $4.99M increment after that
 
This is different than in other years when it was a flat rate above the threshold.  The incremental increase is supposed to deter teams from stacking rosters.

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