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Old 03-11-2013, 07:26 PM   #1
insidehoops
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Default 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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