Tagged: Luxury Tax

Miami Heat Drop Below the Luxury Tax With Two Trades 4

Miami Heat Drop Below the Luxury Tax With Two Trades

The Miami Heat completed a pair of trades prior to the 3 p.m. NBA trade deadline, achieving their season-long goal of dropping below the NBA’s $84.74 million luxury tax threshold. As a result, Heat fans will almost surely not hear the words...

Heat Trade Mario Chalmers to the Memphis Grizzlies 0

Heat Trade Mario Chalmers to the Memphis Grizzlies

The Miami Heat announced Tuesday night that it has traded veteran guard Mario Chalmers to the Memphis Grizzlies. The Heat, in a four-player swap, sent Chalmers and forward James Ennis to the Grizzlies in exchange for guard Beno Udrih and forward Jarnell...

NBA Issues Updated Salary Cap Guidance to Teams 0

NBA Issues Updated Salary Cap Guidance to Teams

I have a request. I write primarily for myself. I don’t do it for recognition. I don’t get compensated for it. It feels rather awful to see my work being exploited for the personal gain of others. If you would like to leverage...

NBA Sets Salary Cap and Tax Level Numbers for 2014-15 0

NBA Sets Salary Cap and Tax Level Numbers for 2014-15

On Thursday July 10 at 12:01 a.m. ET, the NBA’s 2014-15 season begins. That’s when the league’s salary cap, luxury tax threshold, maximum salaries and other figures all adjust to their new values. Most NBA business ceases for the first several days...