MEMPHIS, TN - MAY 13: Lionel Hollins of the Memphis Grizzlies yells to his team against the Los Angeles Clippers in Game Seven of the Western Conference Quarterfinals in the 2012 NBA Playoffs at FedExForum on May 13, 2012 in Memphis, Tennessee. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement (Photo by Kevin C. Cox/Getty Images)
So much for Michael Heisley running the team on a budget! According to the most recent payroll numbers, the Memphis Grizzlies currently have the 5th highest payroll in the NBA. As of today, they are expected to payout about $75.1 million next season.
L.A. will pay out $94.3 million with Miami at $82.6 million. Nets ($81.8 million) and Heat currently have 13 players under contract, the Lakers 12. The Knicks are next at $78.6 million, followed by the Grizzlies at $75.1 million.
The salary cap for the 2012-13 season is just over $58 million, with the luxury tax threshold at $70 million. So, if my math serves me, it would seem as if the Grizzlies -- meaning, Heisley -- are going to pay about $5 million in tax. That's not necessarily a daunting number, but the key to remember here is that next year the tax scale nearly doubles, based on the new CBA. So, that may be something to keep an eye on this season.
Then again, Robert Pera has enough coin to cover that bill. Right? Maybe.
There are 6 Comments. Load Now.
Shortcuts to mastering the comment thread. Use wisely.
C - Next Comment
X - Mark as Read
R - Reply
Z - Mark Read & Next
Shift + C - Previous
Shift + A - Mark All Read
Comment Settings
Live comment alert: Hide it!
Comments for this post are closed.