Luxury Tax...revisited
If the goal is to go over by less than $20M, then the penalties maybe insignificant.
Penalties
$4.0M 20%
$6.0M 30%
$8.5M 40%
If you look at the penalties relative to total luxury tax payroll, than the penalty amounts look insignificant. Even at 40%, $8.5M on $230M payroll is less than 4% of the total. Assuming we're not hurt by nonfinancial penalties associated with going over the limit, than I'm with those not concerned about it.
Yes, I've changed my my.
Staying below $210M makes no sense.
Bigger question is can we make a meaningful addition without giving up the future? I'm definitely opposed to trading player such as Bello.