2007-2008 LUXURY TAX THREAD

[WigNosy]

The following table will help you prepare for the luxury tax in 2007-2008. The table below reflects the updated salary cap of $57,449,250.

Amount over Cap	Pct	Tax	2 Yr	3 Yr	4+ Yr
$1 - $861,738	0.015	0	0	0	0
$861,739 - $1,723,477	0.03	4	6	8	10
$1,723,478 - $3,446,955	0.06	6	9	13	17
$3,446,955 - $5,170,432	0.09	8	12	18	24
$5,170,433 - $6,893,910	0.12	10	15	23	31
$6,893,910 - $8,617,387	0.15	13	19	29	39
$8,617,388 - $10,340,865	0.18	16	23	35	47
$10,340,865 - $12,064,342	0.21	19	27	41	55
$12,064,343 - $13,787,820	0.24	23	32	48	64
$13,787,820 - $15,511,297	0.27	27	37	55	73
$15,511,298 - $17,234,775	0.3	31	42	62	82
$17,234,775 - $18,958,252	0.33	36	48	70	92
$18,958,253 - $20,681,730	0.36	41	54	78	102
$20,681,730 - $22,405,207	0.39	46	60	86	112
$22,405,208 - $24,128,685	0.42	51	66	94	122
$24,128,685 - $25,852,162	0.45	57	73	103	133
$25,852,163 - $27,575,640	0.48	63	80	112	144
$27,575,640 - $29,299,117	0.51	69	87	121	155
$29,299,118 - $30,448,102	0.53	76	95	131	167
$30,448,103 - $31,597,087	0.55	83	103	141	179
$31,597,088 - $32,746,072	0.57	90	111	151	191
$32,746,073 - $33,895,057	0.59	97	119	161	203
$33,895,058 - $35,044,042	0.61	104	127	171	215
$35,044,043 - $36,193,027	0.63	112	136	182	228
$36,193,028 - $37,342,012	0.65	120	145	193	241
$37,342,013 - $38,490,997	0.67	128	154	204	254
$38,490,998 - $39,639,982	0.69	136	163	215	267
$39,639,983 - $40,788,967	0.71	144	172	226	280
$40,788,968 - $41,937,952	0.73	153	182	238	294
$41,937,953 - $43,086,937	0.75	162	192	250	308
$43,086,938 - $44,235,922	0.77	171	202	262	322
$44,235,923 - $45,384,907	0.79	180	212	274	336

Potential 2-Year Repeaters
Celtics
Grizzlies
Hornets
Lakers
Nets

Potential 3-Year Repeaters
76ers
Bucks
Jazz
Nuggets
Timberwolves

Potential 4+ Year Repeaters
Kings
Mavericks
Trailblazers

[WigNosy]

MINIMUM TAX BILLS:


Leaving out teams under the apron this time around. It's easier.

PAID:
Bulls ($3,600,942) - 8 points
Knicks ($3,570,615) - 8 points
Kings ($2,555,626) - 4 year repeater - 17 points
Hornets ($963,840) - 2 year repeater - 6 points
Grizzlies ($14,374,465) - 2 year repeater - 37 points
Timberwolves ($22,309,863) - 3 year repeater - 86 points
Raptors ($12,340,589) - 23 points
Nets ($12,947,121) - 2 year repeater - 32 points
Nuggets ($30,353,669) - 3 year repeater - 131 points
Wizards ($16,742,809) - 31 points
Jazz ($19,591,985) - 3 year repeater - 78 points
Celtics ($28,277,733) - 2 year repeater - 87 points
76ers ($6,244,416) - 3 year repeater - 23 points

[NOLa.]

Fryeing tax man always find where I live

Sent via Morse code

[Inner_GI]

I did math wrong
....

[LoCo89]

I did math wrong
....

(Logan Clap)

[WigNosy]

Added Hornets with new salary cap figure due to Stoudamire signing.

[NickMalone77]

Lux Tax paid.

viewtopic.php?f=15&t=34&start=75

[LoCo89]

Grizzles Pizzaid 37 Pernts:

viewtopic.php?f=15&t=73&p=121#p26090

[JNR]

Wolves paid 86 points: viewtopic.php?p=26104#p26104

[TheSyndicate]

Nuggets Paid 131 points

[Soundwave]

Raptors paid
viewtopic.php?f=15&t=2&p=23729#p23729

[RPF]

Nets Paid Tax
viewtopic.php?f=15&t=42&start=25#p26382

[Xist2Inspire]

Paid.
viewtopic.php?f=15&t=85&p=23832#p23832

[C-Prej]

Paid 78 points

[NOLa.]

MINIMUM TAX BILLS:

Kings ($2,555,626) - 4 year repeater - 17 points

Paid

viewtopic.php?f=15&t=77&p=137#p137

[Conroy]

Current total 109

Minus 87 luxury tax 2007-2008

New total 22

Celtics paid

[ballsohard]

76ers paid


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[Inner_GI]

Knicks paid


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[WigNosy]

Bulls paid: viewtopic.php?f=15&t=271&p=28724#p28724