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Lakers News: Artest out in LA? The Lakers paying a ton of taxes

Posted by shawn cassidy on September 19, 2012 at 1:05 AM

NBA tax may soon be a luxury Lakers can't afford-LA Times


This season, payroll and luxury taxes will cost the Lakers $128 million. But when the league's stiffer taxes take effect in the 2013-14 season, keeping the Lakers' core together could cost nearly $200 million.



Man, I hope the Lakers lose big. I hope they crash, and burn against the Thunder, or against the Celtics in the Finals. Or worst case scenario the Heat beat the Lakers. The Lakers may look to cut some of their hefty payroll, and may cost them depth to win a championship.



Whether to waive World Peace could be a $31 million question for the Lakers. That's the amount Coon estimated the team could save in taxes by severing ties to World Peace and replacing him with a player making the league minimum salary. So long, World Peace? Not necessarily. "We haven't used it for a reason and that's because we like this team," Kupchak said of the amnesty clause. "We think this team could win and that's what this organization wants to do. If at some point, we're not winning and players aren't performing, we'll look at our options."



Will losing Artest hurt the Lakers? I think so, he's not the same player from a few years ago, but he's their crazy guy. Will they move on without him who knows. But the Lakers will have to pay a lot for this roster with Kobe, Dwight, Nash, and Gasol. It would be so gratifying beating them, and with them paying a crap load in luxury taxes.


Categories: Lakers News

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3 Comments

Reply paul
9:12 AM on September 19, 2012 
He's their Wade.
Reply Greg
10:39 AM on September 19, 2012 
paul says...
He's their by Text-Enhance"Wade.


Artest is done, and he's a liability for them at this point. The Lakers are good, but not deep enough for the Celtics. The Celtics shouldn't worry.
Reply paul
12:30 PM on September 19, 2012 
Greg says...
Artest is done, and he's a liability for them at this point. The Lakers are good, but not deep enough for the Celtics. The Celtics shouldn't worry.


I agree.