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

I could care less that Max Hall said what he did. The feeling is mutual BYU...

Credit Coug defense for win

You're right Dick, all those wide open Utah receivers not catching overthrown...

Idaho woman dies after fall

Yes, this is a potentially dangerous trail. However, I have been to the top...

Yes, marriage varies widely over place and time. We humans have defined...

Gee, thanks Max. I hope you feel better now.

Credit Coug defense for win

The game changed when Wynn got rocked by Pendleton! 6-6 passing before the...

Credit Coug defense for win

Number 2 play on Sportcenter Top Ten baby! Did you hear the anchor call the...

I can sympathize with max for being upset with what happened to his family...

There is one significant difference between Nutty Putty and the other...

Cougar defense rose to occasion

Number 2 play on SC Top 10 baby! And the SC anchor called it "the holy war!"

Advertisements