And-Ones: Taxpayers, Cap Room, Traded Cash, Sims, Lue, More

Prior to the trade deadline, 10 NBA teams projected to be taxpayers this season and the 20 non-taxpayers were each projected to receive $17.2MM as a result of those tax penalties, according to ESPN’s Bobby Marks (Twitter link).

However, one of those 10 taxpayers – the Sixers – ducked below the tax line with a deadline deal, and the NetsKevin Durant and Kyrie Irving trades reduced Brooklyn’s projected end-of-season tax bill by approximately $100MM, Marks notes. As a result of those changes, among others, the luxury tax distribution at the end of the season will now be split among 21 teams and will be worth a projected $14.5MM, based on current team salaries, says Marks.

Danny Leroux of The Athletic also considers the financial impact of a busy trade deadline week, though he’s looking ahead to the offseason, breaking down which teams project to have the most cap room in the summer of 2023.

Leroux anticipates there will be eight teams with the ability to generate significant cap space, ranging from the Rockets at $61MM to the Pacers at $28MM. The Spurs ($40-48MM), Jazz ($31-45MM), Magic ($22-58MM), Hornets ($27-37MM), Thunder ($31MM), and Pistons ($30MM) are also in position to operate under the cap, Leroux writes. The range in projections for some of those teams is related to decisions on options and non-guaranteed salaries.

Here are a few more odds and ends from around the basketball world:

  • Eric Pincus of Bleacher Report has the details on the cash that changed hands at the trade deadline. In a series of tweets, Pincus reports that the Lakers sent $2MM to Magic in the Mohamed Bamba trade, the Suns sent $1MM to the Thunder in the Darius Bazley trade, the Clippers sent $1MM to the Hornets in the Mason Plumlee trade, and the Nets sent $1.36MM to the Pacers in the four-team Durant blockbuster.
  • Who will be available on the buyout market in the coming weeks? John Hollinger of The Athletic lists and ranks 32 buyout candidates (or players who have already been cut), starting with veteran guards Russell Westbrook and Reggie Jackson.
  • Circling back to a pair of pre-deadline stories: Knicks center Jericho Sims has committed to take part in this year’s dunk contest after Trail Blazers rookie Shaedon Sharpe dropped out, according to Shams Charania of The Athletic (Twitter link). And Clippers head coach Tyronn Lue will replace Suns head coach Monty Williams as an assistant on Steve Kerr‘s Team USA coaching staff, per a press release.
  • Disney CEO Bob Iger said this week that his company doesn’t plan to sell ESPN, according to Daniel Kaplan of The Athletic, who adds that Iger expressed a desire for ESPN to retain NBA rights when the league negotiates its next media deal.