1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Will the escrow tax affect lateral movement?

Discussion in 'NBA Dish' started by Achebe, Jul 25, 2000.

  1. Achebe

    Achebe Member

    Joined:
    Oct 26, 1999
    Messages:
    6,237
    Likes Received:
    3
    All players will now encounter an excessive 10% tax to return revenue to the owners because of the players' salaries having exceeded 55% of the BRI. It will be interesting to see how this variable affects the decisions of Mobley, Jones and Croshere.

    It is fairly ridiculous that Pig Miller will pay the same percentage tax that Shaq, Ewing, Garnett and all of the big money players will pay. Sure, their tax amounts to three orders of magnitude in proportion to some of the players that are scraping by... but the impact on their (the big money players') lifestyles will be nothing.

    Also, the tax has obviously occurred b/c of players with $20,000,000 contracts, not those of the $30,000.00 variety. Sounds as if the masses should read Dialectic of Enlightenment before the elect a new $15,000,000.00 union leader.

    ------------------
    The ClutchCity 500.
     

Share This Page