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Knicks get their lux tax bill - $45mil!!! lol
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07-14-2007, 06:55 PM
roscoe36
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Join Date: Jul 2005
Location: Canada is like North Detroit
Posts: 13,284
Re: Knicks get their lux tax bill - $45mil!!! lol
I just checked the CBA FAQ, and I was wrong about the sequence of disbursement.
30th shares to the team under the tax
then the league can skim
then equal 30th shares for all teams.
roscoe36
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