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Insider

NBA: Owed Tax and Cap Room

2/20/2014

The NBA trade deadline is today and some deals were done on Wednesday which have changed the owed tax for some teams. Currently there are five teams over the threshold and five just below it.

Trades are always difficult and that's why a third team is sometimes brought in to help facilitate a deal using salary cap room. Currently there are three teams with significant cap room and three who have just a bit.

Here is the breakdown of the owed tax:

Brooklyn

Players signed: 13

Over tax line: $30.689 million

Owed Tax: $88.272 million

New York

Players signed: 15

Over tax line: $17.845 million

Owed Tax: $37.999 million

Miami

Players signed: 15

Over tax line: $9.580 million

Owed Tax: $15.515 million

LA Lakers

Players signed: 15

Over tax line: $5.675 million

Owed Tax: $8.682 million

LA Clippers

Players signed: 14

Over tax line: $2.094 million

Owed Tax: $3.141 million

Tams just under the luxury line: Golden State ($383,152), Chicago ($626,578), Memphis ($703,260), Boston ($772,148) and Indiana ($826,723)

Teams with salary cap room

Philadelphia: $11.000 million

Orlando: $5.577 million

Phoenix: $5.199 million

Milwaukee: $1.855 million

Utah: $1.742 million

Atlanta: $1.694 million