After the signing of Senga for $75 mill, their projected 2023 payroll for tax purposes sits at around $344 million. That's $111 million over the first threshold.
I saw an estimate that their luxury tax bill for 2023 will be over $100 million!
Their 2024 commitments already project them to be over next year's threshold.* It'll be their third year over the tax, meaning even more penalties.
And Steve Cohen, who's worth around $17 billion, just don't care.
I saw someone suggest that Cohen is going to be the cause of a hard salary cap in the next CBA, which seems like a plausible theory.
* Sorry, Hugh. You don't have to pay off our bet, because it was too much of a gimme.