11-29-2023, 12:11 AM
(11-28-2023, 08:07 PM)KillerLeft Wrote: On the other hand...
Is it possible Cuban is doing this because he knows the team is about to have to pay tons of luxury tax in the coming years and doesn't want to be stuck with the bill? In other words, is this his way of finally letting the Mavs be a tax team?
What it could be is the Adelmans want to pay that luxury tax to get tax breaks and don't really care about running the team. Sports team ownership is one of the best tax scams out there during the first 15 years you own the team because you can amortize all of the contracts over a 15 year period on your taxes. Cuban has owned the team for over 15 years so that could explain why he's gotten cheaper in recent years. He saw an opportunity to cash out while still retaining the ability to control team decisions