OKC seems willing to spend the big money
It could become the first NBA team with a $300M+ projected between the team payroll and luxury-tax bill
July 4th, 2018
If we should stay here, talking about the complicated dynamics that are behind the NBA economical scenario, we could probably talk for a few days. To avoid such a pleasant and yet wasteful spending of our time, we suggest you check our dictionary of the NBA free agency, where you can find some of the most trending terms of the American League transfer market. Why are we telling you this? Because one of the latest news is that, after agreeing for a one-year deal with Raymond Felton, the Oklahoma City Thunder have become the first franchise in NBA history with a $300M+ projected between the team payroll and luxury-tax bill.
Oklahoma City crosses an historic threshold as the first $300M team in salary and projected luxury tax with the Raymond Felton signing. The Thunder now have a tax bill of $150M.
— Bobby Marks (@BobbyMarks42) 4 luglio 2018
In a few words: the sum of all the contracts for the season to come ($150M) in addition to the the money that the team will have to pay for exceeding the salary cap provided by the association (another $150M) will be over the $300M threshold for the first time in history. Other being a problem for the Thunder, that won’t likely be willing to start the season with such a high maintaining cost for the team, this is also the result of what the new broadcasting contract with TNT meant for the league, with higher salary caps and bigger contracts for the players.
Luckily for OKC, there's’ a simple (quite simple) solution that would allow them to save at least $100M in the next season, that would be to dump Carmelo Anthony. Spreading his contract in more years - unlikely - or agreeing on a buyout with him - more probably - could allow OKC to save a huge amount of money and also avoid this expensive record.