Tag Archives: Luxury Tax

Navigating the salary cap in the NBA: Los Angeles Lakers

It is being reported that the Los Angeles Lakers have filed a career-ending injury application with the NBA in relation to Luol Deng’s contract. Luol Deng signed a four-year, $72 million contract for the Los Angeles Lakers in 2016. In 2018, the Lakers agreed a buyout with Deng, which allowed the Lakers to renegotiate the … Continue Reading

Luxury tax in football, what can the NBA teach us?

UEFA president Aleksander Ceferin has suggested that the governing body of European football is ready to impose a luxury tax aimed at curbing the power of the largest, most successful clubs in the continent. UEFA has before attempted to achieve a balanced playing field with its introduction of the Financial Fair Play regulations (the “FFP”). … Continue Reading
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