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The forecast calls for luxury tax pain

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The forecast calls for luxury tax pain

Teams seek the shelter of payroll beneath $149 million

Jun 24, 2022
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The forecast calls for luxury tax pain

www.truehoop.com
BY HENRY ABBOTT
The Knicks paid an exorbitant price in future draft picks to convince a team to take on Kemba Walker’s not-so-terrible contract. MICHELLE FARSI/GETTY IMAGES

A strange thing happened on 2022’s draft day. After all the years of scouring the world for the best possible prospects—flying all kinds of players in, meeting to obsess over needs, minutes, and matchups—a truly excellent NBA team, a contender, called a short list of agents representing some of their favorite prospects and asked … if their clients would be willing to play overseas. To be stashed. To not play in the NBA, to not be under contract, to not suit up, to not have their dreams come immediately true. 

While there could be other reasons, the most obvious one is the team in question just needed to cut payroll. The few million they’d have to pay a first-round pick was a problem.

While not unheard of, this is not common. Not in the first round. Not at the last minute. 

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