The harsher NBA luxury tax penalties are working
The goal was to deter teams from racking up massive payrolls, and that’s exactly what’s happened.
The 2011 NBA collective bargaining agreement was a mammoth achievement for the 30 franchise owners and the league itself. Players gave up $300 million in annual salary by allowing the revenue split to drop from 57 percent to 50 percent, and while franchise owners didn’t get everything they wanted, that was the single biggest inflection point.