Jul 26, 2012 11:34 AM EDT
Los Angeles Lakers Rumors 2012: New CBA Likely to Create Financial Problems, Dwight Howard May Further Complicate Things

The Los Angeles Lakers are one of the games' most historic and fortunate franchises the NBA has seen. The city, the fans, the players and their owner who is willing to continue the legacy of having a championship team is what makes this team special.

Team owner Jerry Buss is someone who is willing to spend money in order to succeed and playing in a major market makes things all the much easier.

However, spending money so freely, like maxing out a credit card, will eventually come back to haunt you.

With the new CBA intact, past year's luxury tax penalties would seem like a walk in the park in comparison to the ones to come.

The Lakers paid $12,557,254 in tax last season, the most of any NBA franchise.

However according to HoopsRumors.com, in the 2012-13 season teams over the luxury tax line are ineligible to acquire players in sign-and-trade deals, while clubs that exceed that tax threshold for the 2013-14 seasons will pay an incremental rate based on team salary.

Basically, teams like the Lakers must change their dealings or face a harsh reality down the road. Though the Lakers are in a large market and strive off winning championships, they may eventually have to cut down on the star power if they want to maintain as successful franchise.

Well this news may put a damper on the hopes of landing Dwight Howard if you really think about it.

Howard has openly stated since the end of last season that he wanted to be traded, but as of today Howard has also said he plans on entering free agency next offseason.

Once his current contract expires he would be eligible to sign- a new five-year deal for as much as $108 million, and you know he will.

On top of that, they just signed veteran point guard Steve Nash for $27 million over the next three-years to further complicate things.

The Lakers should just follow in the footsteps of the Brooklyn Nets and forget going after Howard, he's too expensive, and coming off of back surgery who knows if he'll even be worth all that money.

Loading ...
 PREVIOUS POST
NEXT POST 

featured articles    

Killerspin Revolution SVR Table Review

Tips for Returning to Sport Safely During the Pandemic

Maven Acquires Sports Illustrated, Taps Ross Levinsohn as CEO

How You Can Save Money on Kids' Sports Clothes Using Discount Coupons

Ways to Keep Your Body Physically and Mentally Healthy

How to Choose the Best Catcher's Bag