Per Woj, NBA looking for hard cap; eliminating luxury tax

Post #1 » by **Grang33r** » Fri Oct 28, 2022 6:46 pm

Unless I’m reading this incorrectly but this seems like something that could be good for the Pacers. Thoughts?

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Tom White · Post #2 » by **Tom White** » Fri Oct 28, 2022 7:05 pm

It would be about damn time.

Post #3 » by **Scoot McGroot** » Fri Oct 28, 2022 10:22 pm

The owners pitch a hard cap on every CBA negotiation to have something to “sacrifice” to the players association. The union will absolutely never go for it, and the owners won’t stomach a multi year lockout to try and force it on the union.

And to be honest, the Pacers benefit the most from no hard cap and a punitive luxury tax that redistributed a lot of money to the under the tax teams. The pacers focus much more on revenue sharing with other teams than anything in relation with the players.

Wizop · Post #4 » by **Wizop** » Sat Oct 29, 2022 12:05 am

Why not both? The hard cap could be way above the tax line putting the brakes on payrolls like the Warriors.

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basketballwacko2 · Post #5 » by **basketballwacko2** » Sat Oct 29, 2022 12:19 am

A hard cap would put a stop to these super teams $40 million over the tax line.

Post #6 » by **Scoot McGroot** » Sat Oct 29, 2022 12:27 am

Wizop wrote:Why not both? The hard cap could be way above the tax line putting the brakes on payrolls like the Warriors.

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Why would the players agree to that?

Wizop · Post #7 » by **Wizop** » Sat Oct 29, 2022 12:36 am

Scoot McGroot wrote:
Wizop wrote:Why not both? The hard cap could be way above the tax line putting the brakes on payrolls like the Warriors.

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Why would the players agree to that?

The NBA position is that the players are guaranteed a percentage of revenue so cutting salaries at the top should increase them at the bottom. You'd think since lower paid guys outnumber the handful of max guys they'd outvote them, but they all think they will become stars

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Post #8 » by **Scoot McGroot** » Sat Oct 29, 2022 12:53 am

Wizop wrote:
Scoot McGroot wrote:
Wizop wrote:Why not both? The hard cap could be way above the tax line putting the brakes on payrolls like the Warriors.

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Why would the players agree to that?
The NBA position is that the players are guaranteed a percentage of revenue so cutting salaries at the top should increase them at the bottom. You'd think since lower paid guys outnumber the handful of max guys they'd outvote them, but they all think they will become stars

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Players are going to want a larger share of revenue, and they’re not going to agree to any hard limitations on payments/salaries. I get the concept of escrow payments and revenue share, but they’re not going to agree to any additional limits in any way on salaries.