The Milwaukee Bucks are struggling this season on the floor and also carrying a huge financial burden with their payroll and luxury tax penalties.
“What no one talks about is how much money they’re losing and have lost over the last few seasons, it’s tens of millions per year,” one league executive told ESPN. “And if they’re in the repeater [tax] next year, the penalties are even more severe.”
The Bucks are in the repeater tax and above the second apron with a current $75 million projected luxury tax bill. They also have limited roster building mechanisms available to them as part of the new CBA. The only future first round pick the Bucks can trade is a 2031 selection.
Marc Lasry sold his ownership stake in the Bucks in 2023 to Jimmy Haslam for a $3.5 billion valuation.
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November 1, 2024 | 3:30 pm
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