Happy Sports > Basketball > It s exploded! The Cavaliers are far beyond the second tycoon line, total salary + luxury tax is expected to be 371 million
It s exploded! The Cavaliers are far beyond the second tycoon line, total salary + luxury tax is expected to be 371 million
June 29th, the Cavaliers sent Ocorro to the Bulls for Ball, and then signed a four-year, $38 million contract extension with Merrill. The current guaranteed salary of the Cavaliers is US$226 million, which is about US$18 million beyond the second rich line (207.8 million). It is expected to pay a luxury tax of US$145 million (specifically liquidated after the end of next season). The salary and luxury tax are currently totaling US$371 million. In the history of the Cavaliers, the team paid a total of US$179 million in luxury taxes, and the last time they paid taxes was in the 2017-18 season. 

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