For the 2024/25 National Basketball Association (NBA) season, there were 14 teams set to exceed the luxury tax threshold. The franchise projected to pay the largest sum in luxury tax was the Phoenix Suns, with a bill of 208.62 million U.S. dollars.
NBA luxury tax payments in 2024/25, by team
(in million U.S. dollars)
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Spotrac. (July 17, 2024). NBA luxury tax payments in 2024/25, by team (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/262004/nba-teams-by-luxury-tax-payments/
Spotrac. "NBA luxury tax payments in 2024/25, by team (in million U.S. dollars)." Chart. July 17, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/262004/nba-teams-by-luxury-tax-payments/
Spotrac. (2024). NBA luxury tax payments in 2024/25, by team (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/262004/nba-teams-by-luxury-tax-payments/
Spotrac. "Nba Luxury Tax Payments in 2024/25, by Team (in Million U.S. Dollars)." Statista, Statista Inc., 17 Jul 2024, https://www.statista.com/statistics/262004/nba-teams-by-luxury-tax-payments/
Spotrac, NBA luxury tax payments in 2024/25, by team (in million U.S. dollars) Statista, https://www.statista.com/statistics/262004/nba-teams-by-luxury-tax-payments/ (last visited December 21, 2024)
NBA luxury tax payments in 2024/25, by team (in million U.S. dollars) [Graph], Spotrac, July 17, 2024. [Online]. Available: https://www.statista.com/statistics/262004/nba-teams-by-luxury-tax-payments/