Doug Smith: To tax or not to Tax?
Old 07-04-2008, 09:00 AM   #1 (permalink)
is praying Ross makes us forget Drummomd so people stop whining

Senior Member
 
jeffb's Avatar
 
Join Date: May 2008
Location: YO MAMMA
Posts: 72,803
Representing:
Doug Smith: To tax or not to Tax?

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.

http://thestar.blogs.com/raptors/

Last edited by jeffb; 07-04-2008 at 09:11 AM.
jeffb is online now   Boss Key Wife Key Reply With Quote
Old 07-04-2008, 12:51 PM   #2 (permalink)
is dead inside

you ain't bout that life
 
Gurk's Avatar
 
Join Date: Jun 2008
Posts: 21,016
Representing:
Default

the knick organization doesnt care for how much money they have to pay all they want is to win and so far that isnt happening
Gurk is offline   Boss Key Wife Key Reply With Quote
Old 07-04-2008, 02:54 PM   #3 (permalink)
a dick

Banned
 
Join Date: Jun 2008
Posts: 3,151
Representing:
Default

Quote:
Originally Posted by jeffb View Post
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.

http://thestar.blogs.com/raptors/
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.
Apollo is offline   Boss Key Wife Key Reply With Quote
Old 07-04-2008, 07:10 PM   #4 (permalink)
a rep. from the Hair Club for Men

Member
 
EazyBalla's Avatar
 
Join Date: Jul 2008
Location: Toronto
Posts: 313
Representing:
Default

The knicks payroll was like $88 Million and the Salary Cap was somewhere around i think $57 Million. Poor Knicks. And they are trading a guy like David Lee who only takes up about 1% of the pay. Think about guys like Jared Jeffries, Curry, Randolph, Quentin Richardson, the list goes on and on. I think the Raps should go over the tax if they can be better and go to the finals llike the Lakers or Celtics, would you rather have the Championship or and extra 3-5 mill, but not 20 mill.

Last edited by EazyBalla; 07-04-2008 at 07:13 PM.
EazyBalla is offline   Boss Key Wife Key Reply With Quote
Old 07-04-2008, 07:11 PM   #5 (permalink)
is pounding the rock!

Senior Member, Eh?
 
Major's Avatar
 
Join Date: Mar 2008
Location: Toronto
Posts: 1,605
Representing:
Default

Well, that's the Knicks for ya.

I wasn't expecting the Raptors to be a tax team.
Major is offline   Boss Key Wife Key Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Doug Smith Vlog LOL jeffb Toronto Raptors 1 10-28-2009 02:44 PM
Bryan Colangelo by Doug Smith takman_777 Toronto Raptors 47 01-22-2009 08:38 PM
Doug Smith: How 'bout them changes? Dr. J. Naismith Toronto Raptors 6 03-27-2008 09:46 AM
What is Doug Smith smoking? Dr. J. Naismith Toronto Raptors 6 01-20-2008 11:37 PM
Doug Smith: Ford looks better Dr. J. Naismith Toronto Raptors 7 12-29-2007 03:32 AM


All times are GMT -4. The time now is 03:11 AM.


Powered by vBulletin® Version 3.7.1
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright RaptorsForum.com 2005-2011

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24