The article explains the NBA's second luxury tax apron, a financial threshold that incurs heavy penalties for teams exceeding the salary cap. Celtics governor Wyc Grousbeck highlighted that maintaining a roster above this apron is unsustainable. Upcoming salary cap increases and projected luxury tax lines mean the Celtics, projected to have a payroll of $227.8 million, face pressure to restructure their team. The penalties are designed to encourage responsible spending and could lead to significant roster changes as the Celtics seek to avoid long-term financial consequences.
The penalties associated with the second luxury tax apron are severe, prompting team owners like Wyc Grousbeck to doubt any team's ability to remain above this threshold for long.
Teams exceeding the second apron face significant financial penalties, which is why many organizations, including the Celtics, must consider cost-cutting measures this summer to avoid long-term repercussions.
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