Originally Posted by jeffb
Doug Smith in his blog today broke down the Tax issue and said,don't expect the Toronto Raptors
to be a tax team anytime in the near future. Last season
nine teams paid taxes and only three won a playoff round. Mind you 2 of those teams were the Celtics & Lakers.I didn't know this but the Knicks payed an astounding 20 million in taxes and that got them a whoping 23 wins.20 million? WOW,Talk about piss poor management! I knew they went over but that's rediculous even for them especially for what they got out of it.
Spending over the luxury tax threshold doesn't guarantee you success but as the Celtics and Lakers showed, it can work. Its all a matter of how good the GM is at identifying talent. Personally I'm not so sure then need to spend much more money. They're not going to get a big time wing player with the MLE.