Warriors Headline Eight Teams To Pay Luxury Tax, 22 Teams Under Tax Each Receive $11.96M

[RealGM Wiretap]

The Golden State Warriors were one of eight teams to pay the luxury tax during the 23-24 NBA season at $176.9 million. The 22 teams below the luxury tax threshold will receive $11.96 million apiece.

Luxury Tax Teams
• Golden State Warriors: $176.9 million
• Los Angeles Clippers: $142.4 million
• Phoenix Suns: $68.2 million
• Milwaukee Bucks: $52.5 million
• Boston Celtics: $43.8 million
• Denver Nuggets: $20.2 million
• Miami Heat: $15.7 million
• Los Angeles Lakers: $6.9 million

Via Bobby Marks/ESPN

[purpleswordfish]

It probably doesn't sound like much, but it almost pays for an entire mid-level exception contract. The 22 teams should send the Warriors a nice thank you card.

[haste10176]

Its a lot of money.. Teams run deliberately under the cap for this reason

[Dino-Might]

Light Years!