The Nets have a projected $155.4 million in guaranteed salaries for the 2023-24 season, leaving limited options before facing luxury tax penalties.
As repeat tax offenders, the Nets face a $2.50 tax on every dollar spent beyond the threshold, escalating further for additional spending, which complicates roster decisions.
With two mega deals on the table in Philly and Portland, the Nets find themselves in a holding pattern, strategically positioned to trade assets.
After dumping Joe Harris' and Patty Mills' contracts, avoiding the luxury tax has become a clear priority for the Nets this offseason.
#NBA #Brooklyn Nets #luxury tax #financial management #nba-offseason #luxury-tax #salary-cap #trade-negotiations
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