ESPN also reported those second-apron teams — $17.5M above the tax level – will not have use of the taxpayer mid-level exception. There’s been an average of three teams in that range in recent years.
ESPN Reporting with @BobbyMarks42: In new CBA, high-spending teams above a second-apron of luxury tax aren’t allowed to send cash in deals, trade first-round picks seven years away or sign players in the buyout market. https://t.co/LcI0Zjb3FF
— Adrian Wojnarowski (@wojespn) April 1, 2023
by horseshoeoverlook
6 Comments
Feels like the league went a bit overboard this time. I like the changes they’re talking about to help small and mid market teams like new trade exceptions and salary cap exceptions, but they didn’t need to also go out and hurt luxury tax spending as much as they did. Don’t punish the owners actually willing to spend.
Fans of poverty franchises with terrible ownership are the only ones happy about this
This all sounds bad for us (and any tax team), but aren’t all these changes made with the knowledge the cap is going to make a huge jump with the new TV deal in a couple years or whenever?
Not great timing for us.
Can’t wait for the next wave of players that want to team up and ring chase start signing 1+1 deals for under what they’re worth to win
Endorsement deals, partnerships, sponsorships…there are plenty of ways around game checks to make sure a player gets what they’re worth.
Damn, no more MLE signings for us I guess. Hope we can lure people in with vet minimums though.