A note via ESPN
LUXURY TAX TEAMS
Team Current Tax Bill Lakers $24,695,480 Magic $24,019,804 Mavericks $14,867,302 Nuggets $13,552,541 Celtics $7,369,054 Jazz $6,733,605 Blazers $2,650,314 Rockets $2,393,546
A couple of other notes
Based on the eight teams in tax territory, each of the 22 teams currently under the tax line are on course to receive a rebate in July of $3.2 million per team.
Footnote: There are four teams under the tax by less than $2 million: Atlanta ($759,787), San Antonio ($850,591), Milwaukee ($1,256,819) and Philadelphia ($1,864,546).
Footnote II: New Orleans was nearly $700,000 over the tax line before its recent trade with Toronto headlined by Canada-bound Peja Stojakovic and Hornets-bound Jarrett Jack. The Hornets are now nearly $4 million under the tax, with the Raptors at $3.6 million under.
And, the final note, the luxury tax threshold is $70.3 million.
- Dallas, Orlando, LA and Boston will happy to pay their tax bills.
- If Denver moves Carmelo Anthony, luxury tax savings will be an important incentive for them.
- The Blazers and Jazz do not need to make a move but they’ll be opportunistic if one arises that doesn’t cause them to lose any key rotation players.
- The Houston Rockets will look to move below LTT (luxury tax threshold).
- They have already made one cost saving move by trading Trevor Ariza and Courtney Lee … which has brought them so close to the LTT that they will surely pursue that final move to get them below the tax line.
- They will want to dump Jared Jeffries and will likely sacrifice a small asset to do it (Chase Budinger?).