Last night the NBA announced that the 2013-14 salary cap will be set at $58.679 million (up from last season’s $58.044). They also revealed that 6 teams will have to pay the NBA luxury tax with the Lakers owing the most at almost $30 million!!! DAMN! That’s just crazy.
Check out the report after the jump…
Via ESPN:
The Lakers, according to official league figures obtained by ESPN.com, will be forced to pay $29,259,739 in luxury tax for a team that — thanks to a steady stream of injuries and L.A.’s well-chronicled chemistry problems that ultimately led to Dwight Howard’s defection in free agency — barely squeaked into the playoffs and will go down as one of the biggest underachievers in league history.
The figures distributed late Tuesday to the league’s 30 teams reveal only five other teams facing tax bills for the 2012-13 payrolls: Miami ($13,346,242), Brooklyn ($12,883,647), New York ($9,962,406), Chicago ($3,932,336) and Boston ($1,181,640).
(Story Continues…)
