Rocket salary exceeds luxury tax line by $6.3 million, or team history will pay tax for the third time

category:Sports
 Rocket salary exceeds luxury tax line by $6.3 million, or team history will pay tax for the third time


If so, they will exceed the luxury tax line of $132.6 million and face the fate of paying taxes three times in history. They have only paid two luxury taxes in their previous team history, which were $757000 in 2010-11 and $4.9 million in 2015-16. Next, what the Rockets need to do is to keep the total wage below the hard cap by means of transactions and layoffs, and then pay less taxes or even no taxes. Both former boss Alexander and current owner fertitita of the Rockets are known for their shrewdness and stinginess, and are reluctant to pay expensive luxury taxes on the team. Fertitita was recently reported to want the team to save money and reduce the total salary. Due to the rockets harden and Weiss two core players have applied to leave the team, once the transaction, there is a lot of room for salary space operation. Source: Netease sports Author: Tan Xiaoyu, editor in charge: Lin zishuo_ NB18590

If so, they will exceed the luxury tax line of $132.6 million and face the fate of paying taxes three times in history. They have only paid two luxury taxes in their previous team history, which were $757000 in 2010-11 and $4.9 million in 2015-16.

Next, what the Rockets need to do is to keep the total wage below the hard cap by means of transactions and layoffs, and then pay less taxes or even no taxes.

Rockets, both former boss Alexander and current boss fertita, are known for their shrewd and stingy attitude and are reluctant to pay expensive luxury taxes. Fertita was recently reported to want the team to save money and cut salaries.

Due to the rockets harden and Weiss two core players have applied to leave the team, once the transaction, there is a lot of room for salary space operation.