Current luxury tax penalty per team:
— Bobby Marks (@BobbyMarks42) December 9, 2020
1. GSW- $147M
2. BKN- $59M
3. PHI- $24M
4. LAC- $9M
5. HOU- $8M
6. LAL- $3M
7. UTH- $3M
8. MIL- $3M
9. SAS- $2M
10. IND- $867K
The penalty will get reduced based on revenue loss this season and roster cuts by the start of the season.
Damn - look at Jazz trying to buy a championship exactly like the Lakers.