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Originally posted by Clegg View PostSo if you break the salary cap you get a fine? So do the richest teams pay players whatever they want as long as they can afford the fine?
they set a salary limit a team can have.
if you go over it, it 1 limits your future contract offers to new players and 2 you pay luxury tax.
say limit is $50 million. if your payroll is say $80 million. you pay $30 million in taxes. then there are other kickers and taxes double, triple depending on how many years you're over the cap.
the taxes you pay then get distributed to poorer teams so they have money to spend.
it's a way for small market teams to compete with big market teams.
lakers have a $3 BILLION tv deal and charge $5-10K for courtside seats.
small markets wouldn't be able to compete without the luxury tax and limits.
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Originally posted by Oasis_Lad View PostIt's a mystery so it is.
i'm in better health than you and i eat like caligula, exercise like pre-fame ricky gervais, got stabbed 40+ times and been hit on the head with every form of glass and metal instrument known to man.
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