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280 results for "luxury tax"

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  1. Los Angeles Dodgers end New York Yankees' payroll streak, owe mos...

    The Dodgers have ended the Yankees' 15-year streak as Major League Baseball's biggest spender and owe more than $26.6 million in luxury tax.

    Story | Conversation | December 19, 2014
  2. Boston Red Sox owner John Henry hopeful on re-signing Jon Lester,...

    Gordon Edes

    Boston Red Sox principal owner John W. Henry said Tuesday that the team remains "hopeful" of re-signing pitcher Jon Lester and indicated a willingness to exceed the $189 million luxury tax threshold as part of that pursuit.

    Story | Conversation | November 25, 2014
  3. Kendrick on the block?

    AJ Mass

    Howie Kendrick hit .293 for the Los Angeles Angels last season with a career-high 75 RBI, but with the team looking to shed some salary this offseason in order to avoid the luxury tax, the veteran who is set to earn $9.5 million in 2015 could well be...

    Blog | November 13, 2014
  4. NBA: Luxury Tax and Cap Room

    Nick Borges

    All 30 NBA teams set their rosters on Monday for the start of the 2014-15 NBA season. Three teams are currently over the tax line and will likely stay there for the entire season. On the flip side, nine teams are under the $63,065,000 salary cap. ...

    Blog | October 28, 2014
  5. Boston Celtics in talks with Detroit Pistons on trade to improve ...

    Chris Forsberg

    The Boston Celtics traded center Joel Anthony to the Detroit Pistons for guard Will Bynum on Friday.

    Story | Conversation | October 17, 2014
  6. Grizzlies roster set for 2014-15?

    Nick Borges

    The Memphis Grizzlies signed Jarnell Stokes, the No. 35 selection in the 2014 NBA draft, to a three-year contract on Monday. With that transaction the Grizzlies likely already have their team set for the start of the 2014-15 regular season. The Gr...

    Blog | August 21, 2014
  7. NBA: Current 2015 Owed Luxury Tax

    Nick Borges

    The Brooklyn Nets started Tuesday with 12 players under contract and a payroll that went over the luxury tax line by $13,022,796. That number has the Nets owing $23,806,990 towards a 2015 tax payment. By the time the business day was over they had si...

    Blog | July 23, 2014
  8. Are Rockets still willing to pay Parsons?

    Tim MacMahon

    Now what will Daryl Morey do? The Houston Rockets were willing to step into luxury-tax territory to exercise their right to keep Chandler Parsons if they were first able to sign Chris Bosh to a near-max deal. That scenario is off the table, howeve...

    Blog | July 11, 2014
  9. NBA - How does the new salary cap affect player salaries, luxury ...

    Larry Coon

    NBA collective bargaining agreement expert Larry Coon sorts out the various impacts the new 2014-15 salary cap will have on teams, player salaries and free agency.

    Story | Conversation | July 09, 2014
  10. Brooklyn Nets to pay record luxury tax; salary cap set

    Brian Windhorst

    The Brooklyn Nets will pay a record $90.57 million in luxury taxes for the 2013-14 season, sources told ESPN.com.

    Story | Conversation | July 09, 2014
  11. The Power of the ‘Pretty Good’ Guys

    Zach Lowe

    The "pretty good" NBA veteran has taken a beating over the last half-decade. Owners crafted a new collective bargaining agreement that carries stricter controls on payrolls and player salaries. A harsh new luxury tax spooks everyone outsid...

    Blog | April 29, 2014
  12. Will Bulls avoid luxury tax?

    Tom Carpenter

    The Chicago Bulls caught a break when the Utah Jazz claimed Erik Murphy off of the waiver wire Saturday evening. "Murphy's cap number of $490,180 comes off the Bulls' books. That would keep the Bulls out of the luxury tax even if Joakim Noah makes...

    Blog | April 06, 2014
  13. Dollar ball: Ranking the best bargains in Mavs' rotation

    Tim MacMahon

    The Mavericks have the second highest paid player in the NBA, are well below the luxury tax and are poised to make the playoffs. That means there must be some pretty good bargains on the roster. In an effort to determine the best bargains, we borr...

    Blog | March 19, 2014
  14. The NBA’s Bonus Breaking Point

    Zach Lowe

    It's wrong to think of the luxury tax as a purely economic penalty - as the mere taking of dollars from an extremely rich man who can afford it. The new collective bargaining agreement has changed the tax, and attached very seriou...

    Blog | March 05, 2014
  15. Bulls watching free agent market

    Nick Borges

    The Chicago Bulls currently have two open roster spots and they'll have three on Friday if they don't offer forward Jarvis Varnado a second 10-day contract. The Bulls have just $626,578 of room below the luxury tax line, so any player who gets a deal...

    Blog | February 24, 2014
  16. Minor trade having major implications

    Dave McMenamin

    LOS ANGELES -- As far a blockbuster trades go, the Los Angeles Lakers deciding to swap Steve Blake to the Golden State Warriors this week for two little-known bench players and save the team $4 million in salary and luxury tax fees barely made a blip...

    Blog | February 23, 2014