Danny1982
Sectarian Hipster
Finally!
I was hoping a long lockout or cancelled season would result in some stricter rules like a hard cap, no more of this "player x is a free agent but to sign him to a max deal we must do a sign and trade with team b" bullshit, and the end of guaranteed contracts (as no professional sport should have this).
The winners and losers of a new CBA - TrueHoop Blog - ESPN
* Luxury tax rates: The same dollar-for-dollar as in the previous CBA for the first two years. Starting in Year 3, the rates increase to $1.50 for the first $5 million over; $1.75 for $5-$10 million over; $2.50 for $10-$15 million over; $3.25 for $15-$25 million over; and an additional 50 cents for each additional $5 million (same as previous proposal).
* Repeater Tax: A dollar-for-dollar additional tax for teams that are above the tax line for a fourth time in five years (same as previous proposal). Owners at one time had been pushing for a $1.50 repeater rate, while the players wanted 50 cents. Voila, compromise.
Team Payroll Over Cap (Old Tax) ($M) New Tax ($M) % Increase
LA Lakers $95300000 $24.993 $61.22725 144.98%
Orlando $89900000 $19.593 $43.67725 122.92%
Dallas $85800000 $15.493 $30.35225 95.91%
Boston $83300000 $12.993 $23.7325 82.66%
Denver $83000000 $12.693 $22.9825 81.06%
Houston $72700000 $2.393 $3.5895 50.00%
Utah $71100000 $0.793 $1.1895 50.00%
Old Tax Total: $88.951 M
New Tax Total: $186.751 M