Thunder will save $293,090 in luxury taxes because of Raymond Felton, Dennis Schroder suspensions
Both players will lose some money from their pockets because of it, but the Thunder — ironically — are going to benefit from it.
According to salary cap guru Albert Nahmad, Dennis Schroder will lose $106,897 while Raymond Felton will lose $16,510. As a result, the Thunder will save $293,090 in luxury taxes.
Dennis Schroder will lose $106,897. Raymond Felton will lose $16,510. The Thunder will save $293,090 in luxury taxes. https://t.co/y9PmJG0MDd
— Albert Nahmad (@AlbertNahmad) December 19, 2018
The Thunder lead the league in total cap at around $145.58 million. All-Stars Russell Westbrook and Paul George are each making over $30 million this season. Big man Steven Adams is owed $24 million and Dennis Schroder is earning $15 million. Injured small forward Andre Roberson, who hasn’t played in a game yet this year, is making $10 million.
OKC enters Wednesday with a record of 19-10, which is good for third place in the NBA. When you are paying that much money in luxury taxes, the team better be good and advance far in the postseason. The Thunder lost to the Utah Jazz in the first-round of 2018 playoffs, but this year’s team looks much better.
The Thunder take on the Sacramento Kings on Wednesday. Schroder and Felton will serve their suspensions during this contest.