In 2024, it was estimated that the newly crowned NBA champions, the Boston Celtics, would pay a luxury tax of around 41 million U.S. dollars. Since the 2006/7 season, 14 of the last 18 NBA Finals winners paid a luxury tax on their way to championship glory. The largest sum paid by any one franchise came in 2022, when the Golden State Warriors paid a staggering 170.3 million U.S. dollars in luxury tax.
As part of the NBA's salary regulations, as defined in the league's collective bargaining agreement, a luxury tax is levied on teams that surpass the luxury tax threshold. The taxable sum is then evenly distributed between the NBA and the non-tax paying teams.
Luxury taxes paid by National Basketball Association (NBA) champions from 2007 to 2024
(in million U.S. dollars)
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Sportico. (June 15, 2024). Luxury taxes paid by National Basketball Association (NBA) champions from 2007 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1480246/luxury-taxes-nba-champions/
Sportico. "Luxury taxes paid by National Basketball Association (NBA) champions from 2007 to 2024 (in million U.S. dollars)." Chart. June 15, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1480246/luxury-taxes-nba-champions/
Sportico. (2024). Luxury taxes paid by National Basketball Association (NBA) champions from 2007 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1480246/luxury-taxes-nba-champions/
Sportico. "Luxury Taxes Paid by National Basketball Association (Nba) Champions from 2007 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 15 Jun 2024, https://www.statista.com/statistics/1480246/luxury-taxes-nba-champions/
Sportico, Luxury taxes paid by National Basketball Association (NBA) champions from 2007 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1480246/luxury-taxes-nba-champions/ (last visited November 21, 2024)
Luxury taxes paid by National Basketball Association (NBA) champions from 2007 to 2024 (in million U.S. dollars) [Graph], Sportico, June 15, 2024. [Online]. Available: https://www.statista.com/statistics/1480246/luxury-taxes-nba-champions/
