Various bits of flotsam that washed up on our computers, before we moved to a better blog system in November 2004. Now a repository for YouTube videos and testing new tools. Go to http://www.b12partners.net/wp/ for more recent content.

Monday, September 13, 2004

NBA salary cap news

ESPN.com - NBA - Slams and Dunks: Mile High summer:
One possible explanation for the leaguewide willingness to splash big dollars this offseason: Teams have been notified that a forthcoming $37 million lump-sum payment to the Lakers from a local cable operator should - stress should -- increase Basketball Related Income this summer by roughly $74 million.


If that payment goes through, as expected, the probability of the luxury tax being triggered next season could be as low as 10 percent. That's according to University of North Carolina-Greensboro economics professor Dan Rosenbaum, our longtime luxury-tax expert. Rosenbaum estimates the probability of a luxury tax after the 2004-05 season at 50 percent if the lump-sum payment to the Lakers is held up in court or for any other reason.

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