Originally posted by StOnEy333:Originally posted by phiLthyphiL:Originally posted by LakerLove:Originally posted by StOnEy333:Originally posted by teeohh:Originally posted by StOnEy333:Originally posted by LakerLove:
How in the he'll are they going to fill out thier roster
They only have five players on their roster
Pay out their ass in Luxury Tax, ala the Lakers ($21.5 Mill last season)
Still not certain what the luxury tax is, but a team can be over the cap as much as they want as long as they're willing to pay a luxury tax? So they can basically buy a championship?
Let's say a team goes over the cap by $5 Million. Then they also have to pay $10 in Luxury Tax to the NBA.
Actually I think the luxery tax treshold is different then the cap number
http://sports.espn.go.com/nba/columns/story?columnist=coon_larry&page=salarycap-100708
Soft Cap is $58 million. Hard cap/Luxury Tax Level is $70 or so million.
Ah, so there's a gap between the 2, right? So what's the light penalty for going over the $58 figure? Or is there one?
No penalty at all. But once over the $58m figure, you can only sign other players to vet minimums or with the MLE/LLE unless they're on your team already, otherwise you can offer your own players whatever contracts (for resigning) up to/over the hard cap and face luxury tax IIRC.