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


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.

DeRozan has 29, Raptors win 11th straight, beat Mavs 122-115

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TORONTO (AP) — DeMar DeRozan made the game-winning basket in overtime and the Toronto Raptors rallied to match the longest winning streak in franchise history, extending their season-best run to 11 by beating the Dallas Mavericks 122-115 on Friday night.

DeRozan scored 29 points and Jonas Valanciunas had 21 points and 12 rebounds as the Eastern Conference-leading Raptors won for the 18th time in 19 games. Kyle Lowry got the night off to rest as the Raptors played the second game of the back-to-back.

Delon Wright had 15 points and Fred VanVleet scored 14, helping Toronto improved to an NBA-best 29-5 at home.

Dallas had won three of four. Harrison Barnes scored 27 points for the Mavericks, Dennis Smith Jr. had 19 and J.J. Barea 18.

Up 84-78 to begin the fourth, Dallas stretched its lead to 101-93 on a jump shot by Barnes with 5:43 remaining, but four points from DeRozan cut it to 101-97 with 4:32 left.

Toronto kept coming, pulling within two on a pair of free throws by DeRozan and, after a Dallas turnover, tying it at 106 on DeRozan’s jumper with 1:15 to go in regulation.

Each team turned the ball over before Barnes missed a jumper with 24 seconds left and VanVleet grabbed the rebound. After a timeout, DeRozan let the clock wind down before driving and kicking to Serge Ibaka, who missed a potential game-winning shot. DeRozan also missed before the buzzer, sending it to overtime.

VanVleet and Dallas’ Dwight Powell each made a 3 in overtime before DeRozan drove for the tiebreaking basket with 53 seconds left.

Valanciunas sealed it by making five of six at the free-throw line in the final 10 seconds.

Toronto also extended its franchise-record streak of games with 100 or more points to 22.


Kevin Durant has fractured ribs, out a couple of weeks

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The injury bug is hitting the Warriors hard — not with anything that seems like it will last into the playoffs, but it’s still a concern.

Stephen Curry (ankle) and Klay Thompson (fractured thumb), Draymond Green is just returning to the rotation (along with David West and Jordan Bell), and now this — Kevin Durant is going to be out a couple of weeks.

What incomplete means is it is nondisplaced, or to use the slang it is a cracked rib. The bone was not moved out of place and does not need to be reset.

The good news for Warriors fans about all these injuries are they should heal up in a couple of weeks and the Warriors should be fully loaded for bear come the playoffs. And no doubt this team knows what it needs to do to win, it can get back into its groove quickly.

So long as we’re not talking about all these injuries in the second week of April, Warriors fans do not need to worry.

Baseline jumper gives Dirk Nowitzki 11,000 made baskets in NBA

Associated Press

We need to savor these final years — potentially final games — of Dirk Nowitzki‘s career. The future Hall of Famers is one of the great pure shooters, and probably the greatest shooting big man, in NBA history.

The Maverick’s star hit another milestone Friday night, 11,000 made NBA baskets. Only eight others have reached that mark, and Nowitzki did it with a high arc baseline jumper.

The man is a marvel.

Dallas was up 60-54 on Toronto at the half.

Report: Jazz to sign David Stockton, son of Utah legend John Stockton, to 10-day contract

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The Utah Jazz have been on a roll — they have gone 20-2 of late — but the point guard ranks are getting thin. Ricky Rubio has a knee contusion that may keep him out for a game or two, and his backup Raul Neto is out with a fractured wrist. This is where the Jazz are making a smart move, bringing in a 10-day contract guy for depth and getting a look at him.

That guy? David Stockton. Son of Hall-of-Famer and Jazz legend John Stockton. Via Adrian Wojnarowski of ESPN.

G League guard David Stockton, son of Utah Jazz legend John Stockton, is signing a 10-day contract with the team, league sources told ESPN. Stockton, 25, is expected to join the Jazz today, sources said.

Stockton, who played his college ball at Gonzaga like his father, has spent most of this season with the Reno Big Horns and averaged 16.3 points and 5.2 assists a night. Watching him in Summer League, Stockton is a smart, floor general kind of point guard who knows how to run a team. He is not as athletic as most of the guys he has gone up against, but he knows how to compensate.

However long this lasts, it’s good to see a Stockton in a Jazz uniform again.