NBA: Current 2015 Owed Luxury Tax
July, 23, 2014
By Nick Borges | ESPN Insider
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 signed rookies Bojan Bogdanovic, Markel Brown and Cory Jefferson and that put them $17,315,468 over the tax line. They now owe a 2015 tax penalty of $36,275,270.
Here is the updated list of taxpayers and those just below the line: