2024-5 Luxury Tax Thread

[TheSyndicate]

The following table will help you prepare for the luxury tax in 2024-2025. The table below reflects this season's salary cap and the 10% apron. If you fall below the 10% apron, the season does not count against your repeater status.

Amount over Cap	Pct	Tax	2 Yr	3 Yr	4+ Yr
$1 - $10,956,127	0.1	0	0	0	0
$10,956,128 - $13,147,353	0.12	10	15	23	31
$13,147,354 - $16,434,191	0.15	13	19	29	39
$16,434,192 - $19,721,029	0.18	16	23	35	47
$19,721,030 - $23,007,867	0.21	19	27	41	55
$23,007,868 - $26,294,706	0.24	23	32	48	64
$26,294,707 - $29,581,544	0.27	27	37	55	73
$29,581,545 - $32,868,382	0.3	31	42	62	82
$32,868,383 - $36,155,220	0.33	36	48	70	92
$36,155,221 - $39,442,058	0.36	41	54	78	102
$39,442,059 - $42,728,896	0.39	46	60	86	112
$42,728,897 - $46,015,735	0.42	51	66	94	122
$46,015,736 - $49,302,573	0.45	57	73	103	133
$49,302,574 - $52,589,411	0.48	63	80	112	144
$52,589,412 - $55,876,249	0.51	69	87	121	155
$55,876,250 - $58,067,475	0.53	76	95	131	167
$58,067,476 - $60,258,700	0.55	83	103	141	179
$60,258,701 - $62,449,926	0.57	90	111	151	191
$62,449,927 - $64,641,151	0.59	97	119	161	203
$64,641,152 - $66,832,377	0.61	104	127	171	215
$66,832,378 - $69,023,602	0.63	112	136	182	228
$69,023,603 - $71,214,827	0.65	120	145	193	241
$71,214,828 - $73,406,053	0.67	128	154	204	254
$73,406,054 - $75,597,278	0.69	136	163	215	267
$75,597,279 - $77,788,504	0.71	144	172	226	280
$77,788,505 - $79,979,729	0.73	153	182	238	294
$79,979,730 - $82,170,955	0.75	162	192	250	308
$82,170,956 - $84,362,180	0.77	171	202	262	322
$84,362,181 - $86,553,406	0.79	180	212	274	336
$86,553,407 - $88,744,631	0.81	189	222	286	350
$88,744,632 - $90,935,857	0.83	199	234	299	365
$90,935,858 - $93,127,082	0.85	209	246	312	370
$93,127,083 - $95,318,308	0.87	219	258	325	385
$95,318,309 - $97,509,533	0.89	229	270	338	400

POTENTIAL TWO-YEAR REPEATERS
Knicks
Raptors
Hawks
Pistons
Bucks
Lakers
Rockets

POTENTIAL THREE-YEAR REPEATERS
76ers
Celtics

POTENTIAL 4+ YEAR REPEATERS
Jazz

Minimum Tax Bills*
Knicks - ($40,569,613) - 60 Points (2-year repeaters)

PAID
Hawks - ($58,372,628) - 103 Points (2-year repeaters)
Bulls - ($17,327,704) - 16 Points
Nets - ($22,084,172) - 19 Points
Spurs - ($25,577,832) - 23 Points
Raptors - ($43,134,785) - 66 Points (2-year repeaters)
Wizards - ($26,039,748) - 23 Points
Kings - ($19,201,917) - 16 Points
Lakers - ($22,859,555) - 27 Points (2-year repeaters)
76ers - ($41,461,921) - 86 Points (3-year repeaters)

*Subject to change in the event of additional signings, etc.

[WigNosy]

Hawks' cap overage: $58.3 million, 2-year repeater.

103 points - paid. viewtopic.php?f=15&t=38&p=61999#p61999

[TheSyndicate]

Hawks' cap overage: $58.3 million, 2-year repeater.

103 points - paid. viewtopic.php?f=15&t=38&p=61999#p61999

Brown-noser

I'll be posting up bills shortly.

[TheSyndicate]

OP updated with minimum tax bills

[garbageman]

Bulls paid

viewtopic.php?f=15&t=271&p=61928#p61928

[TheSyndicate]

bump - just a reminder to pay your taxes before RFA!

[RPF]

Nets paid
viewtopic.php?f=15&t=42&p=63927#p63927

[Eazy P]

Spurs Paid 23 points

viewtopic.php?f=15&t=6562&p=56849#p63907

[Soundwave]

Paid 66
viewtopic.php?f=15&t=2&p=63971#p63971

[Xist2Inspire]

Paid.

viewtopic.php?f=15&t=85&p=62011#p62011

[NOLa.]

Kings paid

viewtopic.php?f=15&t=77&start=50

[TrayWithAnA]

Lakers paid

Luxury Tax 2024-25
-27 points (balance 11)

[ballsohard]

78ers have paid 86 Points

Current Total: 11 Points
Starting Total: 101 Points

Lux Tax: -86

[Sources]

When the Knicks GM realizes he can't go recommended for paying his tax

[drkavarga]

Knicks paid

viewtopic.php?f=15&t=2485&p=64316#p64316