Starting at the all-star break all teams in possession of over twenty-five million dollars will receive a weekly 10% tax to every dollar above the 25M mark.
This basically means the 25 million mark is the hard cap. When you get to 28 million, you are taxed 300k, so even with the 300k weekly earnings, which is high, you stop making money.
I'll take my own team for example. With the way I constructed it, it should've earned me at least 35 million over the next 7 seasons. With the more optimistic evaluation being even over 40 million.
I've always respected BBs decisions, and will continue doing so. I'll simply adapt to the new rules, and try to beat my opposition as usual.
Still, I want to voice my concerns. I expected the luxury tax to gradually make it harder to earn money, instead of just platooning around a certain amount.
So I would like this tax to be reevaluated in the future, if a good idea comes up.
For example:
0-20 mil: free game
20-30 mil: 50k weekly tax
30-40 mil: 100k weekly tax
40-50 mil: 200k weekly tax
50+ mil: 400k weekly tax