The Nets luxury tax bill figures to be over $10 million more than the Toronto Raptors payroll for the upcoming season.
ESPN’s Marc Stein broke out his calculator and crunched the numbers after Alan Anderson’s signed on with New York’s other team and it worked out that the Nets payroll next season will be $30,463,009 over the luxury tax threshold. That will leave them with a staggering tax bill of $87,199,293 at season’s end on top of their payroll which is set to be around $99 million.
That also means Anderson’s NBA minimum salary of $947,907 will actually cost Brooklyn around $5 million next season.
In case you wondering, the Raptors are currently set to pay out somewhere between $65 and $70 million next season.
ESPN’s Marc Stein broke out his calculator and crunched the numbers after Alan Anderson’s signed on with New York’s other team and it worked out that the Nets payroll next season will be $30,463,009 over the luxury tax threshold. That will leave them with a staggering tax bill of $87,199,293 at season’s end on top of their payroll which is set to be around $99 million.
That also means Anderson’s NBA minimum salary of $947,907 will actually cost Brooklyn around $5 million next season.
In case you wondering, the Raptors are currently set to pay out somewhere between $65 and $70 million next season.
Alan Anderson costing 5 million?! And you guys are complaining about Fields...haha
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