Nowak008 wrote:What kind of math is that? Our luxury tax bill this year wouldn't have been that bad. It would have been a reasonable amount given that we came into the season with the #1 projected wins on the year. How many title teams have not been tax teams? Ridiculous.
Very rough numbers because none of us have the time anymore to do this stuff. GAD can edit this where incorrect.
Bucks rough payroll is $130.5
Luxury tax is $132mm
If they keep Brogdon, they don't have the cap space to sign George Hill (but do most the other guys). So take Hill's contract ($9.1mm) off and you're left with $121.4mm. Add in Brogdon's $21mm
Total payroll = $142.4 million. $10mm over luxury tax:
First $5mm = $7.5mm tax
Next $5mm = $8.75mm tax
Loss of shared revenue (since over tax- 50% of lux tax divided among non-tax paying teams) = $6mm (complete guesstimate on my part but likely close)
So Brodgon would cost about another $22mm this year, making him a $43 million dollar decision.
Based on rising salaries and a Giannis supermax, quite likely that Brogdon's entire $21mm is over the tax line in subsequent years.
First $5mm = $7.5mm
Next $5mm = 8.75mm
Next $5mm = $12.5mm
Next $5mm = $16.25mm
Next $1mm = $3.75mm
So Brogdon's tax is $48.75mm per year plus loss of revenue sharing ($6mm??). Add in his $21mm salary an
we're talking a $75 million a year decisionRepeater Tax: If Brogdon's $21mm is in a repeater tax year, the tax on it would be $69.75mm plus loss of shared revenue ($6mm).
So now Brogdon becomes a $96 million dollar a year player.Could the Bucks work around their roster in future years to minimize tax impact? Sure. But no matter how you cut it, keeping both Brogdon and Middleton was going to cost them $100's of millions all things being equal.