From Deseret News archives:
Utah Jazz: Fuzzy future Jazz have financial questions to answer
And this one had nothing to do with his health.
Though Miller officially handed over control of the franchise earlier this summer to his son, Greg Miller, the Jazz owner raised some eyes when he talked about next year's offseason when among many other things the franchise will likely be challenged to keep Carlos Boozer in the fold.
"We're going to have to make some very, very tough decisions next year," the elder Miller said. "I do not intend us to be a luxury-tax payer, but only because we have to have an economically stable franchise regardless of anything else."
With just two weeks until the kickoff of the Utah Jazz's fall training camp, it's worth revisiting two major points that can be gleaned from Miller's statement:
1. Even though he stepped down as the boss, Miller will likely play a significant role in the franchise's future decision-making. That especially appears the case for next summer, which he says will be "one of the most important" in Jazz history. His son has publicly stated that he wants the business mogul to remain active in helping mold the franchise's future.
Have fun picking your poison, Jazz brass.
General manager Kevin O'Connor and the Jazz's other top decision-makers might not be making too many vacation plans for what should be a wild summer of '09 for multiple reasons:
• The Jazz's team salary for the 2008-09 season will be $65.3 million. While that is above the salary cap, it's well below the more important luxury-tax threshold, which will be in the $72.4 million range. For 2009-10, however, the Jazz's salary could skyrocket to $74.4 million about the same as the projected luxury-tax threshold if all players with options remain with the team.
Recent comments
Can sombody tell me about kevin okaner why his paying so much money...
sam | Sept. 22, 2008 at 8:05 p.m.
Here one for you all. The only reason that the Jazz were so...
Troy | Sept. 19, 2008 at 11:27 p.m.
andrei needs to go back to the motherland
dude | Sept. 19, 2008 at 2:13 p.m.
- Admiral expects rising casualties 10:27 p.m.
- U.S. prods Pakistan 10:27 p.m.
- Bombings kill 46 in Pakistan 10:26 p.m.
- Dubai World looking to unload assets 10:26 p.m.
- World datelines 10:25 p.m.
- Workshop for smokers Wednesday 10:20 p.m.
- Packers beat Ravens, 27-14 10:18 p.m.
- Nuggets spoil AI's return 10:13 p.m.
- Cougars in better mood about bowl 10:11 p.m.
- Alleged controversy in '07 Jazz game 10:02 p.m.
- Letters: Liberal because LDS
278 - Y. profs: Beck not all-knowing
259 - TCU to play Boise in Fiesta Bowl
203 - Hate not limited to 1 in-state rivalry
191 - Aggies shoot past Cougars
179 - Cougars going back to Vegas
146 - Letters: Global warming a lie
143 - Utah/BYU rivalry can be more civil
133 - George lost in rivalry hatefest
119 - Ed Smart 'appalled' at testimony
100
BYU athletic officials began negotiating last week with the organizers...
Cal offensive tackle Mike Tepper had this to say about the Golden Bears'...
If Fesenko was in for at least 10 minutes, the Jazz win this thing by seven...
I currently am working as an extern with Yehu Microfinance, and I just want...
It has always astounded me that with the values of the institution they...
What's more impressive on a T-Shirt? Utah: Quest for Perfection: 13-0...
Thought the team played very well. Nice adjustments by the coaching staff...
Why does the State of Utah have so many, and such high taxes? There are...
Coach Patterson of TCU recently said that he does not favor a playoff....
Yeah this guys right, TCU would beat everybody. In fact if they played every...
Words from Harry Reid. A man who is trying to bankrupt what is left of the...
pretty well. The Jazz got killed on the inside. The switching defense is not...


