If the Lux tax Revenue sharing was handed out today?

WiscoKing13
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If the Lux tax Revenue sharing was handed out today? 

Post#1 » by WiscoKing13 » Sun Oct 3, 2010 10:33 pm

A)What would each team under the lux tax get?

B)How much did they earn last year?

I bring this up because I was looking at the salaries for teams this year and the lux tax teams seem to be down just from an over view of it and i'm curious with the bucks being so close to the lux tax if theirs enough incentive to really stay under.
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Re: If the Lux tax Revenue sharing was handed out today? 

Post#2 » by shrink » Mon Oct 4, 2010 12:02 am

There will be a lot more transactions affecting this number as the season progresses, but if you really wanted to know what it is today, wyn's got:

http://spreadsheets.google.com/pub?key= ... 3SXc&gid=2

$102,281,853

Divided by 30, each team under the luxury threshold would get a share of $3,409,395
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Re: If the Lux tax Revenue sharing was handed out today? 

Post#3 » by WiscoKing13 » Mon Oct 4, 2010 12:05 am

wow that seems high to me, anyways thanks shrink
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Re: If the Lux tax Revenue sharing was handed out today? 

Post#4 » by shrink » Mon Oct 4, 2010 12:16 am

WiscoKing13 wrote:wow that seems high to me, anyways thanks shrink

You're right - it probably is. I certainly expect to see some movement of payroll between teams with cap space (like SAC or MIN) or TPE's and teams over the lux. For example, you could see it drop to $3 mil tomorrow if Kroenke wanted his payroll without Melo to be under the lux.

Larry graciously provides lux share number for the last three years. (Is there anything his FAQ can't do?)

2007-08 $3,081,807
2008-09 $2,911,756
2009-10 $3,702,512
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Re: If the Lux tax Revenue sharing was handed out today? 

Post#5 » by WiscoKing13 » Mon Oct 4, 2010 12:20 am

it just seems weird that it only dropped 500 grand, considering teams like the knicks and cavs who were big spenders last year have all dropped out of the luxary tax.

If revenue sharing like this were to stay in effect next year, it would be scary thinking teams like Denver/Mavs dropping out and no one else really stepping in
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Re: If the Lux tax Revenue sharing was handed out today? 

Post#6 » by RRT » Thu Dec 9, 2010 2:20 pm

shrink wrote:There will be a lot more transactions affecting this number as the season progresses, but if you really wanted to know what it is today, wyn's got:

http://spreadsheets.google.com/pub?key= ... 3SXc&gid=2

$102,281,853

Divided by 30, each team under the luxury threshold would get a share of $3,409,395

No, you're not dividing by 30 because obviously 30 teams aren't all under luxury threshold. More like 21?.

That's also for last year.
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Re: If the Lux tax Revenue sharing was handed out today? 

Post#7 » by answerthink » Thu Dec 9, 2010 8:11 pm

Actually, 30 is the correct divisor regardless of how many teams end up under the tax threshold.

Some or all of any excess funds collected may be reserved by the NBA for "league purposes." Any remaining tax money is distributed to the teams in equal shares.

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