NBA Lockout: Higher Luxury Tax, Sign-And-Trade Restrictions Delayed Until 2013 In Deal

The most punitive measures created by the NBA lockout to tamp down high team payrolls won't come into effect until 2013, according to CBS Sports' Ken Berger.

The scribe reports that the deal approved by players and league officials Saturday morning delays the onset of the more punitive luxury tax schedule, the repeater tax and the restriction on sign-and-trade deals for teams over the tax threshold until after the next two seasons. That means that teams like the Los Angeles Lakers, Dallas Mavericks and Boston Celtics won't face bills any larger than they've taken in the past in 2012 or 2013.

The one major change that will restrict those teams' ability to spend in the immediate is a restriction on the use of the full mid-level exception. Those teams will be forced to use a smaller mid-level exception tailored for luxury tax teams unless they drop to within $1 million of the threshold.

Berger's story has additional details on the deal, and is well worth a read.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.