Money matters

By Elliott Teaford on August 7, 2009 3:38 PM | | Comments (0) |

It's only August and a lot could change between now and opening night, but as of today, the Lakers have the league's leading payroll at $91,377,313. The Lakers are well above the NBA salary cap of $57.7 million for 2009-10 and the luxury tax of $69.92. They must pay $1 for every $1 they are over the luxury tax threshold, which means Jerry Buss must write the league a check for roughly $22 million.

The Utah Jazz have the league's second-highest payroll at $84,654,219, followed by the Cleveland Cavaliers at $79,975,195 and the Boston Celtics at $79,230,991, with the San Antonio Spurs rounding out the top five at $78,296,230.

Tracy McGrady will be the league's highest-paid player at $23,239,561, with Kobe Bryant second at $23,034,375.

(Thanks to HoopsHype.com for the team and individual figures).

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the Lakers

Elliott Teaford and other Daily News and Los Angeles Newspaper Group staff writers keep tabs on the Los Angeles Lakers from the backcourt to the front office and beyond.

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