Hoops Rumors Glossary: Luxury Tax Penalties
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Hoops Rumors Glossary: Luxury Tax Penalties
NBA teams can become hard-capped during a given league year if they use specific cap exceptions or make certain transactions, but the league doesn’t have a hard cap in place for all its teams. However, in addition to its soft cap, the league does have a luxury tax threshold, which serves to discourage excessive spending. […]
Publisher:Hoops Rumors
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