But despite what I believe to be inflated claims of financial distress oft lamented recently by NBA Commissioner David Stern, I do see some salary cap exceptions being abolished while others become tightened.
In the posts ahead, I look forward to discussing the origins and consequences of this stagnation, its exceptions, and the ways we might see our way out of its absurdities.
Congress and the Internal Revenue Service have designed the 3.8% tax to cast a wide net. (See box on this page.) But there are exceptions, plus strategies for minimizing the hit.