Grizzlies Currently Have the Fifth Highest Payroll in the NBA

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.

Details:

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.

via

SB Nation Featured Video
X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Grizzly Bear Blues

You must be a member of Grizzly Bear Blues to participate.

We have our own Community Guidelines at Grizzly Bear Blues. You should read them.

Join Grizzly Bear Blues

You must be a member of Grizzly Bear Blues to participate.

We have our own Community Guidelines at Grizzly Bear Blues. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9347_tracker