Lise Sports > Basketball > If Bill gave up 14 million and successfully bought out the Suns total salary will be lower than the first tycoon line
If Bill gave up 14 million and successfully bought out the Suns total salary will be lower than the first tycoon line
July 7th According to ClutchPoints reporter Brett Siegel, the Sun is expected to officially announce the purchase of Bill tomorrow, who will give up his salary of about $14 million to help the Sun use extended terms. According to previous reports, under the restrictions of the labor-capital agreement rules, Bill had to give up at least $13.8 million before the Sun could buy him out with extended terms. If Bill gave up his salary to $14 million, it could also help the Suns reduce their total salary below the No. 1 rich line, which would save the Suns a huge luxury tax penalty (not less than about $230 million). 

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