Thursday, 1 March 2012

Info Post

The Minnesota Timberwolves offerd to give the Lakers Michael Beasley just for 1st-round draft pick, and the desperate Lakers rejected the offer. 
"With one of the league’s highest payrolls at roughly $88 million — well above the luxury tax threshold of $70 million — the Lakers are due to pay $18 million in taxes this season. Since there is a dollar-for-dollar penalty for tax-paying teams, taking on Beasley’s $6.2 million deal would add another $6.2 million to their tax bill and cost the Lakers a pro-rated shortened-season total of $7.331 million."

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