The Nets have the second highest payroll in the NBA, with the likelihood they’ll pay out a record amount in luxury taxes this year alone. Not to mention the future. Can the Nets, specifically Joe Tsai, keep up the pace of spending?
“Do you think that is still a question?” Tsai joked. “I mean I did pay luxury tax last season. This season, it’s all public information, I’ll be paying over $100 million in luxury tax.
“So the answer is yes, yes, I’m committed and I’m committed for the long haul.”
Tsai told NetsDaily that while the tax may seem onerous, he sees it as more of an investment than a straight loss.