yardbarker

Taylor and the Lux Tax

Moderators: Basti, Klomp, revprodeji

ImageImageImage

Taylor and the Lux Tax

Postby shrink on Mon Feb 18, 2013 8:37 pm

Larry Coon recently made a spreadsheet documenting whether owners gained, or lost money to the lux tax.

http://cbafaq.com/blog/

Teams that never paid tax, like NOH, OKC, LAC, and CHI, got paid by owners ove the lux to the tune of $27.8 mil since 2002.

The owners/teams that paid the most?

NYK: $192.8
DAL: $150.4
LAL: $80.3
POR: $77.9
BOS: $32.8
CLE: $25.5
ORL: $19.6
SAC: $14.1
MIN: $10.1

Taylor was 9th.

One of the things I noticed is that the names of the teams you see here are teams with superstars. When Taylor had Garnett, Taylor paid $23.6 mil to try to buy talent around him. Others, particularly big market teams, tend to just stay up there with high salary.

This gives me some hope. If Taylor believe Love and Rubio can be stars, he may go over the lux to put more talent around them this summer when it's time to sign Pek. However, Taylor may want to see those guys win some games before he goes over the lux for them.
shrink
RealGM
 
Posts: 31957
And1: 30
Joined: Sep 25, 2005

Re: Taylor and the Lux Tax

Postby Klomp on Mon Feb 18, 2013 8:55 pm

shrink wrote:
This gives me some hope. If Taylor believe Love and Rubio can be stars, he may go over the lux to put more talent around them this summer when it's time to sign Pek. However, Taylor may want to see those guys win some games before he goes over the lux for them.

Yes, but that was only in three seasons that we went over, and over 2/3rds of it was paid in one season. The team was split because Sprewell and Cassell wanted more money.

That makes me nervous.
Image
DusterBuster wrote:Klomp is like the ultimate troll mod.
User avatar
Klomp
Forum Mod
 
Posts: 29011
And1: 176
Joined: Jul 8, 2005

Re: Taylor and the Lux Tax

Postby Tirion on Mon Feb 18, 2013 9:01 pm

1) Taylor claims to be in the red for the last 5-6 years;

2) He's trying to sell for the last 2;

3) The Lux Tax is much harsher under new CBA.

If you think he's paying it, you're crazy. And I don't think the next guy will either.
Tirion
Analyst
 
Posts: 3082
And1: 59
Joined: Oct 27, 2005
Location: made it, ma! top of the world!

Re: Taylor and the Lux Tax

Postby Tirion on Mon Feb 18, 2013 9:03 pm

Also Cuban is **** crazy. Almost twice more than the Lakers? Damn.
Tirion
Analyst
 
Posts: 3082
And1: 59
Joined: Oct 27, 2005
Location: made it, ma! top of the world!

Re: Taylor and the Lux Tax

Postby Klomp on Mon Feb 18, 2013 9:14 pm

Tirion wrote:2) He's trying to sell for the last 2.

I don't think "trying to sell" is the right way to put it. He's looking for a minority partner who could be eased into a majority share.
Image
DusterBuster wrote:Klomp is like the ultimate troll mod.
User avatar
Klomp
Forum Mod
 
Posts: 29011
And1: 176
Joined: Jul 8, 2005

Re: Taylor and the Lux Tax

Postby LordBaldric on Mon Feb 18, 2013 9:39 pm

The issue with Taylor isn't spending, it's putting dumb asses in charge of personnel decisions.
By the power of the Dark Side, free Kevin Love!
User avatar
LordBaldric
Assistant Coach
 
Posts: 4469
And1: 33
Joined: Jul 14, 2006
Location: Hair Force One

Re: Taylor and the Lux Tax

Postby Murphs56 on Mon Feb 18, 2013 9:41 pm

LordBaldric wrote:The issue with Taylor isn't spending, it's putting dumb asses in charge of personnel decisions.


If Kahn gets a new contract, you know the dude has lost it...
User avatar
Murphs56
Pro Prospect
 
Posts: 781
And1: 57
Joined: Nov 13, 2012

Re: Taylor and the Lux Tax

Postby shrink on Tue Feb 19, 2013 2:47 am

I think selling part of the team could increase the chance that he will go over the lux. If you feel that there could be a much bigger NBA market in Minneapolis if the product was better (and I do), a little extra spending could greatly increase the value of his asset. If he increases the value of the Minnesota Timberwolves, selling a share at the higher value may be worth more than any lux tazes he would pay.
shrink
RealGM
 
Posts: 31957
And1: 30
Joined: Sep 25, 2005

Re: Taylor and the Lux Tax

Postby lobishome on Tue Feb 19, 2013 5:09 am

I don't know nothing about NBA taxes, franchises, etc ... Surely Taylor is a clever man, a very very clever man, but I can't understand why he said that he wanted to sell the team and this news is in the media along two years. This is terrible for the team. What elite player would want to sign for a team for sale? How do you can convince Kevin Love that the Wolves have a long term project? How do you can convince Rubio to sign a contract extension?

This team needs a signal from the owner before this Thursday.
User avatar
lobishome
Veteran
 
Posts: 2602
And1: 42
Joined: Sep 1, 2009
Location: In front of New York

Re: Taylor and the Lux Tax

Postby Basti on Tue Feb 19, 2013 6:45 am

lobishome wrote:I don't know nothing about NBA taxes, franchises, etc ... Surely Taylor is a clever man, a very very clever man, but I can't understand why he said that he wanted to sell the team and this news is in the media along two years. This is terrible for the team. What elite player would want to sign for a team for sale? How do you can convince Kevin Love that the Wolves have a long term project? How do you can convince Rubio to sign a contract extension?

This team needs a signal from the owner before this Thursday.


I don't think players care that much about the location of a team as long as they have a longterm contract. Or, I should rather say, they care more about their personal income than where they play. They know it's business.
Image
Thanks to my man Loopers for the great signature
User avatar
Basti
Global Mod
 
Posts: 31382
And1: 254
Joined: Sep 7, 2005
Location: Æ har en ståkukk!

Re: Taylor and the Lux Tax

Postby Dewey on Tue Feb 19, 2013 6:58 am

lobishome wrote:I don't know nothing about NBA taxes, franchises, etc ... Surely Taylor is a clever man, a very very clever man, but I can't understand why he said that he wanted to sell the team and this news is in the media along two years. This is terrible for the team. What elite player would want to sign for a team for sale? How do you can convince Kevin Love that the Wolves have a long term project? How do you can convince Rubio to sign a contract extension?

This team needs a signal from the owner before this Thursday.


You're missing the boat here ... about 300 times Taylor has publically stated that he would like to transition the majority team ownership over several years or whatever it takes ... he is not looking to sell anytime soon. Whether or not he's willing to pay luxury tax is irrelevant, and no one in the NBA has ever brought this up except our own fans. If he's looking to make a couple/few hundred million he could sell tomorrow. He's a willing and able owner.
Dewey
Veteran
 
Posts: 2795
And1: 8
Joined: May 21, 2001

Re: Taylor and the Lux Tax

Postby lobishome on Tue Feb 19, 2013 7:51 am

Taylor said, Taylor said ... Taylor said "I want to bring a really good team to Minnesota that has a chance to win a championship" ... at 2010 September.

How many elite players has Taylor bring here since 2010 September? Have also they missed the boat to Minnesota?

Taylor said, Taylor said ...

:D
User avatar
lobishome
Veteran
 
Posts: 2602
And1: 42
Joined: Sep 1, 2009
Location: In front of New York

Re: Taylor and the Lux Tax

Postby Worm Guts on Tue Feb 19, 2013 8:20 am

I believe Taylor really does want to have a winning team, he just has no idea how to do it.
Worm Guts
Forum Mod
 
Posts: 13572
And1: 39
Joined: Dec 26, 2003

Re: Taylor and the Lux Tax

Postby C.lupus on Tue Feb 19, 2013 9:10 am

Worm Guts wrote:I believe Taylor really does want to have a winning team, he just has no idea how to do it.

Agreed.
Image
User avatar
C.lupus
Retired Mod
 
Posts: 19093
And1: 535
Joined: Nov 2, 2007
Location: Skipping the light fandango

Re: Taylor and the Lux Tax

Postby Devilzsidewalk on Tue Feb 19, 2013 1:33 pm

C.lupus wrote:
Worm Guts wrote:I believe Taylor really does want to have a winning team, he just has no idea how to do it.

Agreed.


Draft good players, period. If you draft mega busts with your top 10 picks and treat picks outside the lotto like it's some random shot in the dark that's little more than a burden on your balance sheet, then you do not have a winning team.

Find teams that know how to do that and pluck a young exec from their front office w/ some good buzz and give him a shot. If he sucks, feel free to fire him and try again. Wolves GM's seem like they have tenure from day 1.
Image
User avatar
Devilzsidewalk
RealGM
 
Posts: 23197
And1: 55
Joined: Oct 9, 2005
Location: حَبيبي

Next

Return to Minnesota Timberwolves

Who is online

Users browsing this forum: NikolaPekovic, righterwriter