In Oklahoma City these days, the words “luxury tax” have become a brand name. It’s almost as Oklahoman as saying Boomer Sooner or Orange Power or doing something stupid. Here’s how far it’s gone: My mom breathlessly used “luxury tax” in sentence the other day, and used it properly.
It’s gone so far that I really don’t feel it necessary at all to explain what it is in this intro. Because you already know. And if you don’t, you also probably don’t know who James Harden is and you also are probably looking for this website, not here.
With the conversation about whether or not the Thunder can or will pay up to keep their core dominating our lives right now as we sit and wait, a little history might be relevant. As in, how much precedent is there for small market teams paying the NBA’s penalty for breaking over the salary cap?
You might be surprised — quite a bit. Keep Reading…