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Grizzlies Not in ‘Luxury Tax Business’

Posted By HOOPSWORLD On May 16, 2012 @ 7:20 am In All,Headlines,NBA Headlines | No Comments

(Grizzlies owner Michael) Heisley said it’s too soon to predict what moves, if any, that the team will make to improve the roster.

He did emphasize, though, that the franchise isn’t in position to add much salary.

The Griz have big contracts committed to Rudy Gay, Zach Randolph and Marc Gasol. They have Mike Conley on a modest long-term deal, and will have to make similar tough decisions on several free agents this summer.

“We can’t be in the luxury tax business,” Heisley said. “We’ve got to make some financial decisions. That’s without question.”

via Ronald Tillery of The Commercial Appeal


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