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The Lakers will have a tax bill of around $30 million next July, and in retrospect, will view this season as their salad days -- it’s the last one where the tax rate is dollar-for-dollar. Starting in 2013-14 the new “incremental” tax takes over, where being $30 million above the tax line will mean paying a whopping $85 million tax bill.
And it gets worse. Starting in 2014-15 teams will pay an even higher rate for being repeat offenders -- defined as paying tax in at least three of the four previous seasons. A team $30 million over the tax line will pay -- brace yourself -- an additional $115 million in luxury tax.
After adding up their payroll, luxury tax bill and revenue sharing contribution (projected to be $49.4 million in 2013-14), even the Lakers have to stop to consider whether this simply can be written off as the cost of doing business -- and that’s the future if they’re paying players with salaries like Bryant, Howard, Gasol and Nash.
Take it from a bitter 2012 Red Sox fan -- just because you're a big-market team that can outspend everyone doesn't mean things can't get horribly screwed up. The Lakers nailed six franchise-altering moves over the past eight years, and that's not including last month's Nash trade, when they somehow convinced a Pacific Division rival that absolutely hates them to hand over their most iconic player for some meaningless picks and cap space. What an amazing run.