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TalkBulls Forums _ Bulls Talk _ What happens if you go above salary cap?

Posted by: Michael Jordan Jul 9 2006, 01:54 PM

And what is the cap right now? And if we did go above it, what happens? Can sombody give me an example? Thanks

Posted by: TeaLeafReaderII Jul 9 2006, 02:35 PM

http://en.wikipedia.org/wiki/NBA_Salary_CapBulls would have to pay the luxary tax...

Posted by: HITStheDAGGER Jul 9 2006, 02:38 PM

Here is another site.... It is really complex

http://members.cox.net/lmcoon/salarycap.htm

Posted by: rangercal Jul 9 2006, 03:44 PM

I think he spelled the Title wrong.

Did you mean celery cap?

Posted by: BIGwalt Jul 10 2006, 12:16 AM

Can you say LUXURY tax, which you have to pay a certain percentage for the amount you over the cap. The cool thing is that Reinsdorf said he is willing to pay the tax if the Bulls are it title contention and can win championships.