![]() The Nets finished last season with a $169.3 million payroll and a $97.7 million luxury tax payment, giving them a total of $267 million in roster expenses. If they do want a new backup center, they could use their $9.7 million trade exception to acquire one, but that would raise their luxury tax payment significantly.Ģ022-23 Luxury Tax Payment: $90.6 millionĢ022-23 Combined Payroll and Luxury Tax Payment: $272 million ![]() They still haven’t replaced Isaiah Hartenstein with a true backup center, though they could leave that void open since they’ll mostly play lineups consisting of wing-sized players. There is still some room for it to grow since they have one roster spot open they could look to fill. The Clips are currently projected with a $144.7 million luxury tax payment with 14 players. At one point they were set to pay over $100 million in luxury tax penalties but reduced it significantly by trading Serge Ibaka at the trade deadline. They maximized their spending last year, including utilizing the entire taxpayer mid-level exception and increasing their payroll in their acquisition of Norman Powell and Robert Covington. The Clippers paid $83.1 million in luxury tax penalties last season, giving them a tax and payroll combination just shy of $250 million. That figure should serve as a minimum for their luxury tax payment projection as they’re unlikely to reduce payroll by trading any of their core players.Ģ022-23 Luxury Tax Payment: $144.7 millionĢ022-23 Combined Payroll and Luxury Tax Payment: $336.6 million ![]() That would raise their luxury tax payment to $176.5 million, and it would be even higher if they sign a 15th player. However, they still need to sign at least one more player to what will most likely be a veteran minimum contract. The Warriors are currently projected to have a $165 million luxury tax payment once they follow through on their signing of JaMychal Green. Their tolerance of the repeater tax will help extend their window of contention if several teams mentioned later get weeded out from it. Their roster expenses nearly totaled $350 million but it was all worth it when they won their fourth title in eight seasons. The Warriors entered the repeater tax last season and spent $170.3 million in luxury tax payments. There’s a strong possibility they finish below the luxury tax by the end of the season since they are just slightly over the threshold.Ģ022-23 Luxury Tax Payment: $164.9 millionĢ022-23 Combined Payroll and Luxury Tax Payment: $353.6 million The Atlanta Hawks and Portland Trail Blazers are also currently over the luxury tax but they aren’t being counted in this projection. This would have the remaining 10 non-taxpaying teams collect $16.24 million from the distribution. The 10 teams are currently projected to collectively spend $650 million in luxury tax payments. Four more teams are set to join the list with the Boston Celtics, Phoenix Suns, Dallas Mavericks, and Denver Nuggets while the Utah Jazz are set to leave. Now the 2022-23 season is currently projected to beat last season’s luxury tax distribution by a significant margin. The Golden State Warriors, Brooklyn Nets, Los Angeles Clippers, Milwaukee Bucks, Los Angeles Lakers, Utah Jazz, and Philadelphia 76ers collectively spent $481 million last season, making the distribution nearly three times larger than the previous 2002-03 record season. The 2021-22 NBA season was projected to have a record-setting luxury tax season as early as the 2021 offseason. The remaining 23 teams who finished below the luxury tax received $10.46 million each from the distribution. Seven teams finished over the luxury tax and combined for $481 million in luxury tax payments. Last year, the NBA had its highest luxury tax distribution in league history.
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