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-   -   Nets may have to pay $12.8 million in luxury taxes (http://www.insidehoops.com/forum/showthread.php?t=293138)

insidehoops 03-11-2013 07:26 PM

Nets may have to pay $12.8 million in luxury taxes
 
Salary-cap guru Larry Coon projects that the Nets will pay $12.8 million in luxury taxes this season.

Brooklyn's payroll is $83.1 million. The tax line is $70.3 million, and teams must pay one dollar for every dollar they are over.

-- ESPN NY


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