Nets Will Pay Record $75 mill. In Luxury Tax

[yabadabayolo]

Honestly, just FuCK Brooklyn.

[JawsGT]

Sweet Lord people, we should all pitch in and buy a franchise. We can flip that shit like real estate in a hot market!

[stretch]

The Ontario Teachers pension fund was a bit premature on dumping the Leafs/Raptors.

[rocwell]

The Ontario Teachers pension fund was a bit premature on dumping the Leafs/Raptors.

Yeah, but they've made $1B in profits so... I'm sure that teachers in Ontario have no complaints.

[stretch]

Yeah, but they've made $1B in profits so... I'm sure that teachers in Ontario have no complaints.

Ontario teachers have a 5 billion dollar pension fund surplus in just this year. Great fund management plus the fact that teachers pay 13% of their wages into the pension fund.

[rocwell]

"The NBA expects nine teams will end up having lost money once luxury-tax distribution and revenue-sharing payments are finalized. The Nets, with that monster $144 million figure, are the biggest losers. "

Too bad we didn't beat them.. man.

[Blacklash2k4]

"The NBA expects nine teams will end up having lost money once luxury-tax distribution and revenue-sharing payments are finalized. The Nets, with that monster $144 million figure, are the biggest losers. "

Too bad we didn't beat them.. man.

They lost $144 million dollars and they're gonna lose Jason Kidd and probably Paul Pierce too. F*** Brooklyn!