Bobby Marks: The torn left wrist ligament and eventual surgery for John Henson will likely cost the Milwaukee center $750K in bonus money. Henson has $250K for appearing in 60 games and an additional $500K for 75 games. Both achievements were reached last season when Henson played in a career high 76 games. The Henson cap hit for 2019-20 will be reduced to $9.7M after the season once the bonuses are deemed unlikely.
No one can say the Knicks have been exactly efficient with their spending. In the 10 seasons they paid the luxury tax, New York made the playoffs just twice, and had one series victory to show for it. One of the years the Knicks paid the luxury tax was in 2012-13, when Carmelo Anthony led the league in scoring. Their playoff journey that season ended in the first round of postseason action, an event that was buoyed by the fact Amare Stoudemire cut his hand following a Game-2 defeat and had to play the rest of the series with a bandaged arm. Fun fact: the Knicks are the only team in the Top-18 of this list with a losing record in their luxury-tax years. So teams who spent way less than them also have had far more on-court success.
Bobby Marks: One more nugget re: Carmelo Anthony. By the time Dec. 15 comes, Houston could add up to $3.1M to shed his contract. Could be a nice financial incentive for a team with a roster spot and is far below the luxury tax. Rockets would save $1M in salary + $2M+ in tax savings.
Bobby Marks: The cap hit on the Chasson Randle waiver in Washington is $121,978. The two week signing cost the Wizards an additional $239K in luxury tax payments. The Wizards tax bill now stands at $12.4M, 6th highest in the NBA. Washington now has two weeks to fill roster spot 14.