#SLOE: People's Basketball Sim League

Here are your luxury tax brackets for the 2003-2004 season based on the new cap of $45,746,339
Potential 2-year Repeaters:
Cavaliers
Clippers
Grizzlies
Kings
Lakers
Rockets
Spurs
Trailblazers

Potential 3-year Repeaters:
Supersonics

Potential 4+ year Repeaters:
Jazz
Hawks
Raptors
Warriors


FINAL TAX BILLS

Trailblazers ($220,941) - Under apron, 0 points
Bucks ($462,342) - Under apron, 0 points
Magic ($1,074,762) - 4 points - PAID
Celtics ($1,302,049) - 4 points - PAID
Bulls ($1,383,004) - 6 points - PAID
Nets ($1,587,717) - 6 points - PAID
Supersonics ($2,144,546) - 3 year repeater, 13 points - PAID
Clippers ($2,567,292) - 2 year repeater, 9 points - PAID
Mavericks ($3,810,114) - 8 points - PAID
Jazz ($5,183,933) - 4+ year repeater, 31 points - PAID
Rockets ($5,732,964) - 2 year repeater, 19 points - PAID
Wizards ($9,046,361) - 19 points - PAID
Cavaliers ($9,389,789) - 2 year repeater - 27 points - PAID
Spurs ($12,936,745) - 2 year repeater - 42 points - PAID
Hawks ($14,399,690) - 4+ year repeater - 92 points - PAID
Lakers ($15,962,515) - 2 year repeater - 54 points - PAID
Raptors ($17,091,783) - 4+ year repeater - 112 points - PAID
Grizzlies ($19,957,190) - 2 year repeater - 73 points - PAID
Warriors ($9,359,961) - 4+ year repeater - 55 points - PAID

Hot damn. Glad I slipped my way out of the tax last season so that I'm only a 1st-timer this season, but still...

What if you are over cap but under tax threshold does that count as a repeater year?

Conroy wrote:What if you are over cap but under tax threshold does that count as a repeater year?

I wouldnt think that would count as repeater, since you aren't penalized for that amount.

Sent via Morse code

Reminder - your salary cap level at the trade deadline (Monday at 5 pm Central) is the minimum tax you can pay so all cuts must be posted by then if you want to cut players to shave salary.

If your total team salary increases after the trade deadline (e.g., you have to sign a veteran minimum player) it may go up, but will not go down even if you later cut salary. If you cut a player first, then sign another player of equal or lesser salary, your tax obligation does not rise as your total team salary did not increase.

PROJECTED TAX TOTALS AS OF THE ALL-STAR BREAK:

Bucks ($462,342) - Under apron, 0 points
Celtics ($519,787) - Under apron, 0 points
Magic ($1,074,762) - 4 points
Bulls ($1,383,004) - 6 points
Supersonics ($2,144,546) - 3 year repeater, 13 points
Clippers ($4,044,898) - 2 year repeater, 12 points
Mavericks ($4,898,877) - 10 points
Trailblazers ($5,098,800) - 2 year repeater, 15 points
Jazz ($5,183,933) - 4+ year repeater, 31 points
Nets ($6,586,687) - 13 points
Wizards ($9,046,361) - 19 points
Warriors ($9,286,767) - 4+ year repeater - 55 points
Rockets ($9,671,724) - 2 year repeater - 32 points
Spurs ($12,936,745) - 2 year repeater - 42 points
Hawks ($15,488,453) - 4+ year repeater - 102 points
Raptors ($17,164,977) - 4+ year repeater - 112 points
Cavaliers ($19,288,205) - 2 year repeater - 73 points
Lakers ($19,635,947) - 2 year repeater - 73 points
Grizzlies ($19,957,190) - 2 year repeater - 73 points

Plenty of cap space if someone needs to unload.

WigNosy wrote:Reminder - your salary cap level at the trade deadline (Monday at 5 pm Central) is the minimum tax you can pay so all cuts must be posted by then if you want to cut players to shave salary.

If your total team salary increases after the trade deadline (e.g., you have to sign a veteran minimum player) it may go up, but will not go down even if you later cut salary. If you cut a player first, then sign another player of equal or lesser salary, your tax obligation does not rise as your total team salary did not increase.

PROJECTED TAX TOTALS AS OF THE ALL-STAR
Grizzlies ($19,957,190) - 2 year repeater - 73 points

Getting this over with.

Hawks ($14,399,690) over the cap, 4 year repeater.

92 points, PAID.

Lakers (15,962,515) 2 year: 54


PAID

Cavaliers: -27 ($9,389,789 over, 2nd year)

Paid ( viewtopic.php?f=15&t=104&p=15584#p15584 )

WigNosy wrote: Wizards ($9,046,361) - 19 points

Paid. (viewtopic.php?f=15&t=85&p=14260#p14260 )

Since I probably won't be able to pay this now anyway, does the Tax Man prefer installments or a lump sum?


Sent via carrier pigeon named Robbie

Rockets - 19 points


Sent from my iPhone using Tapatalk

Bulls paid -6 Points

Or what about like a payment plan special? With like no interest for a season or two?


Sent via carrier pigeon named Robbie

LoCo89 wrote:Since I probably won't be able to pay this now anyway, does the Tax Man prefer installments or a lump sum?


Sent via carrier pigeon named Robbie

Lump Sum

OP updated with final tax figures

LoCo89 wrote:Or what about like a payment plan special? With like no interest for a season or two?


Sent via carrier pigeon named Robbie

You'll be ok if they do media points for last season.

Oh, wait, no you won't, but that's still out there.

42PhD wrote:

LoCo89 wrote:Or what about like a payment plan special? With like no interest for a season or two?


Sent via carrier pigeon named Robbie

You'll be ok if they do media points for last season.

Oh, wait, no you won't, but that's still out there.

Ugh, that sounds like work...

Clippers Paid 9 points

Spurs Paid - 42 Points

Magic Paid 4 points

paid

Paid 112. By the skin of my teef.

Paid 4...you were not worth it Rick Brunson