The largely free market loving Republican owners of the NBA teams pushed hard in the last Collective Bargaining Agreement for something that you would think goes against their nature — an increased and very stiff tax structure that sets up a more socialist system. (They would argue the system is needed for the growth of the overall sport.) But the tax penalty only works if an owner is afraid to pay it. Brooklyn Nets own Mikhail Prokhorov laughs at it. Or at least isn’t going to blink writing a very large check. With the addition of Alan Anderson on a minimum deal the Nets will have a payroll of $102211009 next season (figures via Hoopsworld). The NBA’s salary cap is set at $58.7 million for next season the luxury tax line is $71.7 million (meaning the new escalating taxes start at that figures). - See more at:http://probasketballtalk.nbcsports....tax-bill-could-be-87-million-for-next-season/
