Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market

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Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#1 » by RealGM Wiretap » Mon Oct 26, 2020 3:18 pm

NBA teams are lobbying for the luxury tax level for the 20-21 season to come in at $139 million with the apron at $145 million.


The trade market would essentially become frozen if the tax stays flat at $132.7 million.


A flat tax would only benefit the teams with cap space.


The luxury tax was projected at $139 million off a salary cap of $115 million for the 20-21 season. 

Via Bobby Marks/ESPN

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Re: Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#2 » by Lockdown504090 » Mon Oct 26, 2020 4:19 pm

Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Extraction of stars from smaller markets.

Fixed it for ya
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Re: Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#3 » by Jedzz » Mon Oct 26, 2020 5:36 pm

League responds by hardcapping each team at 120. Halts existing over and lux options and all loopholes, including matching rules temporarily, and forces teams above to cut bait to get under. Does that engage a trade market and build back parity better?
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Re: Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#4 » by PapaBear53 » Mon Oct 26, 2020 6:31 pm

Which "teams"? The LA teams, Miami, Dallas, and a couple of others? I hardly think teams like Minnesota, Memphis, Sacramento, Cleveland, New Orleans and others would favor this.
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Re: Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#5 » by Elnegron » Mon Oct 26, 2020 6:32 pm

So teams like the clippers, boston, lakers and golden states afraid teams with cap could get better to challenge them for the ring?
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Re: Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#6 » by Mak » Mon Oct 26, 2020 6:41 pm

There is got to be a vote for this and i dont see why any but select few teams vote to approve this. Come on Golden state, nobody forced you to do a sign and trade for Durant and take on a max contract.
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Re: Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#7 » by DoctorDunc » Mon Oct 26, 2020 7:28 pm

A hard cap would be a huge benefit to the competitive balance in the NBA. raising the cap is laughable. What a mess the NBA is. Its an owners manual for how to ruin a great sport.
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Re: Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#8 » by CanesHeatFins » Mon Oct 26, 2020 8:02 pm

The huge interest from the fans & media in player movement is just about the only thing that the NBA has over the NFL. Don't become boring, stiff, and rigid just to appease a couple of small market owners.
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Re: Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#9 » by objectivefan » Mon Oct 26, 2020 9:05 pm

in a luxury tax cap situation, small-market teams that stay under the cap with their budget also receive an additional revenue stream from large market teams that have to pay a luxury tax. And with the repeat offender tag, no team wants to stay in the luxury tax zone too often. Plus there is a minimum cap as well, so I don't see the issue other than some fans complaining about the system.
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Re: Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#10 » by HotelVitale » Mon Oct 26, 2020 10:22 pm

Jedzz wrote:League responds by hardcapping each team at 120. Halts existing over and lux options and all loopholes, including matching rules temporarily, and forces teams above to cut bait to get under. Does that engage a trade market and build back parity better?


It probably just means fewer teams trying to be as good as possible. Contenders aren't going to gut their teams, but pretty good teams might decide they can't afford a good 4th starter or some nice bench pieces or something if it means paying a tax bill. Parity aint coming back when there's already super teams like GSW, LAC, LAL, BKN, et al ruling the roost, just means that it's going to be harder for teams to build into that club.
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Re: Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#11 » by TheCage4 » Mon Oct 26, 2020 11:30 pm

LeBron needs more $ to recruit All-First Team teammates to help his legacy.
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Re: Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#12 » by objectivefan » Tue Oct 27, 2020 12:22 am

TheCage4 wrote:LeBron needs more $ to recruit All-First Team teammates to help his legacy.


Doesn't this apply to the Golden State Warriors, Miami, Dallas, Toronto, Knicks, Clippers, Houston?

or are you just trying to troll the Lebron fans?
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Re: Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Trade Market 

Post#13 » by TheNetsFan » Tue Oct 27, 2020 1:34 am

Lockdown504090 wrote:Teams Lobbying For Luxury Tax To Increase To $139M To Help Facilitate Extraction of stars from smaller markets.

Fixed it for ya

I think it's the opposite. Teams want more teams with breathing room under the tax to have more salary dump options. It will also make FA more lucrative for players, since more teams would have the full MLE and a willingness to use it.

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