The Lakers have a potential $85 million luxury tax bill looming

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As it stands now (with the roster basically set), the Lakers will have a $99 million payroll — $17 million more than the second most expensive team in the NBA (Brooklyn at $82 million). The Lakers payroll the following season will be in that same ballpark.

I hear the questions from a lot of people outside Los Angeles — didn’t we just have a lockout, didn’t we just miss months of basketball to stop moves like this? We don’t just want a few super teams!

(Actually, ratings say that you do. And NFL-style parity both is impossible in the NBA and probably wouldn’t sell as well anyway, but that’s another discussion for another day.)

The other owners did want to stop this kind of payroll/team building and during the lockout they agreed to stiffer taxes discourage teams from this kind of spending. But those penalties don’t start to kick in until the 2013-14 season — that is when the Lakers will start to pay a stiff price for their payroll.

Cap guru and friend of the site Larry Coon explains it in an email to Henry Abbott at TrueHoop.

The Lakers will have a tax bill of around $30 million next July, and in retrospect, will view this season as their salad days — it’s the last one where the tax rate is dollar-for-dollar. Starting in 2013-14 the new “incremental” tax takes over, where being $30 million above the tax line will mean paying a whopping $85 million tax bill.

And it gets worse. Starting in 2014-15 teams will pay an even higher rate for being repeat offenders — defined as paying tax in at least three of the four previous seasons. A team $30 million over the tax line will pay — brace yourself — an additional $115 million in luxury tax.

After adding up their payroll, luxury tax bill, and revenue sharing contribution (projected to be $49.4 million in 2013-14), even the Lakers have to stop to consider whether this simply can be written off as the cost of doing business — and that’s the future if they’re paying players with salaries like Bryant, Howard, Gasol and Nash.

By the 2014-15 season the Lakers will be able to control their payroll better because Kobe Bryant, Pau Gasol and Steve Nash come off the books (we will assume Dwight Howard stays at a max deal). For example, Kobe could do what both Tim Duncan and Kevin Garnett just did, taking below their market value (salaries below $10 million) to help out the team.

But the Lakers are all in for the next two seasons with the roster they have.  And with luxury tax and revenue sharing in July 2014 they are going to be writing about a $130 million in checks to the league in addition to their $100 million payroll. They can do some things to lower costs (amnesty Metta World Peace, for one) but if they want to compete for a ring those will be small dents. The big-ticket items, topped by Kobe’s $30 million salary, will remain.

Even with what Jack Nicholson pays for his seats and what Time Warner is paying to broadcast Lakers games on a new regional sports network, the Lakers will not be raking in large profits, if any. And remember, the Lakers are the Buss family business, they do not have billions coming in from other sources so that this is a toy. The Lakers need to be profitable.

But they have run the numbers and decided to chase the rings anyway. Which is what the other owners always feared.

Lakers fan hits halfcourt shot to win $100,000 (VIDEO)

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The Los Angeles Lakers are having a pretty good January.

The team has a losing record overall but is 6-5 in 2018, despite the noise from the Ball family and the need for public confidence for Luke Walton as coach.

Still, I’m not sure they’re having as good a time as the guy who won $100,000 by banking in a halfcourt shot on Sunday.

Via Twitter:

The fan’s name is apparently Suni Strong, and he’s from Palmdale. He played high school basketball, works at Space-X, and was on a canceled A&E show about bounty hunting.

Seriously.

Via OC Register:

“When I first walked in I said have my check ready,” he said. “I knew I was going to make it. I had to.”

Asked if he called “bank,” Strong replied, “Why would I do that? I called money.”

That’s some serious scratch.

Spencer Dinwiddie hits game-winner for Nets over former team (VIDEO)

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Spencer Dinwiddie was once a member of the Detroit Pistons. They traded him to the Chicago Bulls back in 2016 for Cameron Bairstow, and the Bulls promptly waived him less than a month later. That same day, Bairstow was waived by the Pistons.

On Sunday, Dinwiddie got his revenge on Detroit by ending their matinee matchup with a step-through jumper that two Pistons failed to defend.

The play came with 4.7 seconds left and the Brooklyn Nets trailing, 100-99. Dinwiddie ran across the far side of the floor to receive the ball from the sideline, then to the near elbow before putting on a series of moves to get his shot off.

The play gave Detroit just 0.09 seconds left, and they couldn’t get an attempt off.

Brooklyn beat the Pistons, 101-100.

Meanwhile, Dinwiddie continues to have the best season of his career. He’s averaging 13.2 points, 6.5 assists, and 3.3 rebounds per-game, all career-highs. He’s also boosted his VORP to 1.1, another personal best.

Enes Kanter’s teammate told him “You’re about to get 50 dropped on you” after LeBron troll

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Enes Kanter likes to inject himself in situations he doesn’t belong in.

The New York Knicks forward likes to take aim at the biggest star in the game, LeBron James, and has said in the past that he would fight LeBron if he had to.

Some previous comments from LeBron riled up members of the Knicks organization, and there’s been animosity between the two sides ever since.

So it wasn’t too much of a surprise when Kanter had something to say on Twitter about his former team, the Oklahoma City Thunder, dropping 148 points during a win over the Cleveland Cavaliers on Saturday. Heck, even former Cavaliers coach David Blatt jumped in on that one, albeit immediately before his own team got 151 scored on them.

Kanter took to Twitter, using LeBron’s own catchphrase against him:

Of course, that’s probably not the best idea. Kanter is a role player and LeBron is one of the best who ever played. Even if the Cavaliers are stinking it up lately, you can’t go after the King like that. You just might miss.

Via ESPN:

“One texted [teammate] me just to say — I’m not going to say who — but he texted me ‘You’re about to get 50 dropped on you, boy.'” Kanter said before Sunday’s matinee against the Los Angeles Lakers. “I responded something back, but I’m not going to say what it is.”

Kanter added that he’s just “having fun” and wanting to put “a smile on people’s face” with his constant prodding.

We’ll see if he ends up smiling the next time Cleveland and New York meet on April 9 at MSG.

David Blatt’s troll on the Cavaliers backfires when opponent scores 151 (VIDEO)

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David Blatt, perhaps sensing his time to pounce as rumors swirl around Tyronn Lue’s departure, decided to troll the Cleveland Cavaliers on Sunday. It did not go so well.

Blatt, who was fired from the head coaching spot in Cleveland in 2015, now heads Darüşşafaka S.K. in the Turkish Super League.

Blatt was also coaching Team Europe vs. Team Asia in the Turkish BSL All-Star Game on Sunday. During the game Blatt joked during a TV interview that he was just hoping his team didn’t give up as many points as the Cavaliers did to the Oklahoma City Thunder on Saturday. That game ended with a score of 148-124.

Via Twitter:

So what happened to Blatt’s Team Europe in the All-Star Game?

According to Erik Gundersen over at LeBron Wire, Team Europe promptly got rolled on with a tally of … 151 points.

The final total in the Turkish All-Star matchup was 151-142 in favor of Team Asia.

Oops.