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Post by Stuff The Magic Dragon on Jan 9, 2019 23:28:45 GMT -5
2018-2019 Salary Cap: $101,869,000 Luxury Tax Cap (125%): $127,336,250 Luxury Tax Penalty (10%): $10,186,900 Teams that are currently over the Luxury Tax: Cleveland Cavaliers Nino BrownGolden State Warriors Penny HardawayMinnesota Timberwolves @xavier0717 New York Knicks Allan HoustonPhoenix Suns Justin TimberlakeTeams that are over the luxury tax after the regular season will be penalized the following year. This will go in accordance to the Luxury Tax rule abovementioned. Be aware that the 10% penalty will be imposed on next year's salary based on this year's salary cap.
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Scott Pilgrim
Philadelphia 76ers
Posts: 1,180
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Post by Scott Pilgrim on Jan 9, 2019 23:32:45 GMT -5
After 82 games or after the playoffs?
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Post by Stuff The Magic Dragon on Jan 9, 2019 23:34:08 GMT -5
After 82 games or after the playoffs? after 82 games, the regular season
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Nino Brown
Cleveland Cavaliers
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Total Bank: 55,600
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Post by Nino Brown on Jan 10, 2019 6:29:39 GMT -5
After 82 games or after the playoffs? after 82 games, the regular season why is this being implemented during the season lol
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Post by Stuff The Magic Dragon on Jan 10, 2019 6:39:35 GMT -5
after 82 games, the regular season why is this being implemented during the season lol no it's not, it's going to get implemented next year. This was posted last 2017, should have been implemented this year in my opinion but it didn't happen so it is moved next season.
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Post by Stuff The Magic Dragon on Jan 10, 2019 6:49:11 GMT -5
If you're trying to say that we should use the total salary before the season starts next year instead of using the total salary at the end of the season, then I think that could be a way to do it.
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Nino Brown
Cleveland Cavaliers
Posts: 444
Likes: 239
Total Bank: 55,600
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Post by Nino Brown on Jan 10, 2019 7:04:23 GMT -5
If you're trying to say that we should use the total salary before the season starts next year instead of using the total salary at the end of the season, then I think that could be a way to do it. yeah that’s what I was referring to, thanks!
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Red Auerbach
Boston Celtics
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Total Bank: 37,000
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Post by Red Auerbach on Jan 10, 2019 14:29:16 GMT -5
So we’re going off next years salary, or do we have to be at $127 mil before playoffs start?
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Theodore Duncan
Portland Trail Blazers
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Post by Theodore Duncan on Jan 10, 2019 15:24:36 GMT -5
I think you need to have the 10% penalty put as cap hold in start of offseason to have clear how much teams can spend in offseason. Otherwise with Bird Right caphold changed to actual contract only just before the season and also the Rookie contracts added later, some team could think they have more room than there actually have and spend too much. And then we notice one week before next season that they are going over the hard cap because of the luxury tax penalty.
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billy
Miami Heat
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Post by billy on Jan 10, 2019 15:30:04 GMT -5
Unless anyone points out why it wouldn't work we would be using the current years cap total at the end of the regular season (playoffs rosters are set at this point). We would also use the current season's cap figure in calculating the penalty, since the next year's cap figure isn't even usually known exactly at the point we'll be doing this.
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billy
Miami Heat
Posts: 7,174
Likes: 6,145
Total Bank: 3,050
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Post by billy on Jan 10, 2019 16:52:38 GMT -5
The logic of it being this years cap total, and this years figure, is its the penalty moving forward for operating during the 2018-2019 season while over the luxury tax.
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