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NBA salary cap - Wikipedia, the free encyclopedia
While most NBA teams hold contracts valued in excess of the salary cap, few teams have payrolls at luxury tax levels. The tax .


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Dumb Move, Dolan - Grantland
Jul 17, 2012 . This option allows teams to lessen the blow of potentially disastrous luxury cap . thus letting the team avoid the luxury tax's progressive penalties. . No contract in the history of the NBA has been signed within such a vacuum.


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Jeremy Lin May Not Return to the Knicks - NYTimes.com
Jul 15, 2012 . Under the N.B.A.'s new luxury-tax system, which punishes teams that wildly exceed a determined threshold, that salary could cost the Knicks an .


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