Utah Jazz payroll is $3.1 million over luxury tax

Published: Thursday, July 9, 2009 12:11 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 

The numbers are in for Deron Williams.

According to California-based NBA salary-cap guru Larry Coon, the Jazz's starting point guard will make $13,520,500 next season — not a previously reported higher number.

The figure, Coon suggested via e-mail Thursday, is the maximum allowed — according to terms of the current collective bargaining agreement between the league and its players association — for a player with Williams' experience.

And that means the Jazz's payroll for next season, not including unsigned restricted free agent Paul Millsap and a requisite 13th player, currently is an estimated $73,103,490.

That's $3,183,490 over the NBA's luxury-tax threshold for next season, which on Tuesday night was set by the league at $69.92 million.

Any team whose player payroll at the end of next season exceeds that figure will pay a $1 tax for each $1 by which it is over the threshold.

So it's now believed that if they re-sign Millsap to a multi-year deal starting at around $6 million, sign a 13th player and keep the other 11 players on their current roster, the Jazz would be assessed more than $9.5 million in punitive taxes.

Story continues below

Williams, according to Coon's figures, also will make $14,940,153 in the 2010-11 season, $16,359,805 in 2011-12 and — if he exercises a player option on the rookie contract extension he signed last offseason — $17,779,458 in 2012-13.

If he doesn't opt out, the total value of Williams' extension will be $62,599,916 over four years.

e-mail: tbuckley@desnews.com

Recent comments

drew gooden would be good if possible if someone can be moved. Chris...

todd from santa ana | July 9, 2009 at 3:50 p.m.

Kevin can not do anything more cause he is out of money. Now he has...

Miles | July 9, 2009 at 3:24 p.m.

Getting under the cap is easy.

If Millsap goes replace him with a...

Thoughts | July 9, 2009 at 2:18 p.m.

previousnext

Latest comments

Momentum is vital for Cougs

... BYU will get enough of it back to keep winning and then destroy Utah on...

BYU football game day

Uh who knows...I mean how did Utah get a TOP 25 spot? I mean wow, they beat...

@Not a religion 11:02 a.m.: "This was the act of a man, not a religion." ...

Momentum is vital for Cougs

It is very apparent by the play calling, that the coaches are not holding the...

4A: Timpview routs Spanish Fork

I hope you win against MC Timpview, because when you go to state this year,...

5A: Hunter outlasts Lone Peak

Five turnovers by LP to None for Hunter.

The worst feeling in the World is being in a tight spot and being helpless to...

Momentum is vital for Cougs

if BYU stinks, then what is Wyoming or how about Utah that had troubles with...

BYU cuts Women's Research Institute

Some argue that the WRI is a symbol, but I believe the decision itself...

4A football: Dixie loses QB, wins

Hey Flyers, I hope you get your QB back. That really stinks about him being...

Advertisements
Advertisement