Report: Owners pushing for a much tougher luxury tax

2 Comments

The NBA’s luxury tax is at the heart of why there will be no games the first two weeks of what should have been the NBA season.

The owners say a stiffer luxury tax is needed to provide competitive balance in the league (to help the Kings compete with the Lakers). The players say that this is a hard salary cap by another name and they will not take it. Both sides have dug in their heels.

But what tax levels are we talking about? Zach Lowe at Sports Illustrated has the details.

But first, as background, the tax under the old system was dollar-for-dollar. Last year the tax started at $70 million and every dollar over that amount a team spent it had to pay in tax. That money was divided up among the teams under the tax threshold. Your champion Dallas Mavericks paid more than $17 million tax, the Lakers led the way paying more than $21 million in tax.

Those numbers would go up sharply under the new plan.

• The tax would start at $1.75 in penalty payments for every dollar a team is over the tax threshold. Say goodbye to the dollar-for-dollar hit, which was the maximum penalty a team could pay under the old system.

• That $1.75-to-1 ratio would last for the first $5 million a team is over the tax threshold. For every $5 million increment after that, the penalty would jump by 50 cents per dollar. So, for spending over the threshold between $5 million and $10 million, the penalty would be $2.25-to-1. For spending between $10 million and $15 million, it would be $2.75-to-1. And so on.

• The tax threshold would begin near where it did last season, when the salary cap was set at $58 million and teams crossed into luxury-tax territory at the $70 million mark.

Lowe does the math and figures out the Lakers would have paid $53.7 million in tax on their salary from last season.

The players are right, that would push down spending some. It means the Lakers could not just keep spending to replace Luke Walton, who made $5.2 million last season not to fit in the plans.

But the big markets would still be able to spend into that tax some, more than smaller markets. They would have that advantage, just lessened.

And what no luxury tax can do is save a team from incompetent management and bad decisions. The teams with the best general managers, who scout well and get the right pieces to fit together, will still win. In the NBA, that more than spending has always separated the good from the bad (see the San Antonio Spurs, or the current Oklahoma City Thunder).

Just for the record, the same wealthy owners crying for this stiffer luxury tax in basketball would scream “socialism” at the top of their lungs if this same tax were applied to any of their other businesses. Savor the irony.

Akron store already selling “Stay Home 23” shirts, hats as LeBron decision looms

Getty Images
Leave a comment

We’ve seen this movie before.

There is all sorts of buzz around the league that LeBron James has one foot out the door in Cleveland. While people around LeBron denied he the rumor he is “100 percent” leaving, good luck finding any league source who thinks he is staying put next summer. Nothing is set in stone, his options — including staying — remain open, but we’ve all been down this road before.

The hometown fans are going to do their part to urge LeBron to stay.

Fan sentiment has some pull with LeBron (he came back to win the city a title). However, what matters more is a sense of a plan to keep the Cavaliers as title contenders for the coming years — and that is more than just Dan Gilbert paying the tax. The Cavs did nothing this summer that got them closer to beating Golden State, and while they swung for the fences with Paul George, what they really needed was wing defenders and athletes, and they didn’t get those either. Luc Mbah a Moute signed a one-year deal for the minimum somewhere else. Instead, Cleveland overpaid Kyle Korver.

Despite all that, the Cavs remain the team to beat in the East. If Cleveland gets to the Finals — LeBron’s eighth in a row — and they win or make it close, he may see staying as his best option. A season can be a lifetime in the NBA in terms of shifting attitudes. Still, I wouldn’t bet the rent on it.

Marshall Plumlee gets camp invite, partially guaranteed contract from Clippers

Getty Images
Leave a comment

The Los Angeles Clippers have 14 fully guaranteed contracts on their roster, plus a partial guarantee for DeAndre Liggins (who likely is on the roster opening day). They also are pretty much set at center with DeAndre Jordan and Willie Reed (plus when they go small they can play Blake Griffin there, something I wish they’d do a little more).

That said, Doc Rivers — just a coach now — needs bodies for camp, so in comes former Duke star and Knick Marshall Plumlee, reports Adrian Wojnarowski of ESPN.

Plumlee played in 21 games for the Knicks last season, logging a total of 190 minutes. He bounced between New York and the D-League Westchester Knicks, when down he averaged 12.3 points and 9.8 rebounds a game.

He’s not making the Clippers’ squad (barring injury), but he could show well and get noticed by other teams. Over the course of a season, there will be a need for bigs as guys go down injured, Plumlee is getting a chance to show how his game has developed. And he makes some money in the process.

Kawhi Leonard is smiling, and that confuses Manu Ginobili (PHOTO)

Twitter
Leave a comment

Much like Kevin Durant, it appears that Kawhi Leonard is having a great summer.

In fact, this appears to be the Summer of Kawhi Smiling. Which, according to one of his longtime teammates, is a bit confusing.

When the Spurs posted a photo of Leonard with a big old grin on his face to their Twitter feed recently, San Antonio legend Manu Ginobili responded asking the team whether something was up.

Specifically, Ginobili said that he had seen more photos of Leonard smiling in the past two days then he had in six seasons as a teammate.

Via Twitter:

You can leave an anonymous tip about why Kawhi Leonard is smiling so much by contacting the produce manager at your local H-E-B.

Kobe is the Lakers’ all-time leader in steals (and other trivia rookies don’t know)

4 Comments

“He played 20 years … I mean, yeah I guess.”

That’s what Los Angeles Lakers rookie Lonzo Ball had to say in this video after learning that Kobe Bryant was the all-time leader in steals for his franchise. You have to hand it to him, it is a little surprising. Even more surprising is that Bryant has 220 more than Magic Johnson at No. 2.

In a video posted to YouTube by Complex on Saturday, rookies tried to answer questions similar to the one Ball pondered over, like what team drafted their head coach, who the NBA all-time leading scorer is, and what day the first game of the season starts on.

A lot of the responses were pretty funny, including the guys getting wrong what year Adam Silver became NBA commissioner. Poor David Stern has already been forgotten about!

Meanwhile, Ball looked the sharpest. He’s going to come in handy when the Lakers play pub trivia.