LEAGUE STORIES
NBA’s best 2024 offseason moves by team: Celtics, Knicks, Sixers among top 10
David Aldridge, The Athletic
Ranking Every NBA Franchise from Cheapest to YOLO
Eric Pincus, Bleacher Report
To curtail spending, the NBA has a luxury tax threshold each season (currently $170.8 million). Teams over that line pay a fine. The league uses half the money for revenue sharing, and the remainder is distributed to the non-tax teams.
For example, eight were above the threshold in 2023-24, paying a total of $526.6 million in taxes. Half that amount ($263.3 million) went back to the 22 teams below the line at almost $12 million each.
If a franchise didn't go into the tax even once, dating back to the start of the 2017 collective bargaining agreement (CBA) through the first year of the current 2024 CBA, the total tax kickback was $46.5 million.
Rule of thumb: if your team has a net tax of -$46.5 million, they've been cheap.
Leftover Details On Draft Picks Traded This Summer
Luke Adams, Hoops Rumors
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