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Warriors Avoid Tax with Salary Dumps
Posted By HOOPSWORLD On February 22, 2013 @ 6:56 am In Headlines,NBA Headlines | No Comments
The Warriors pressed “send” on a couple of last-minute deals to get under the tax. Doing so cost them two second-year players they once had high hopes for.
Point guard Charles Jenkins, who started several games as a rookie and proved reliable, was shipped to Philadelphia, according to sources. (Jeremy) Tyler, the former high school prodigy who barely got off the bench in one-plus seasons, is head to Atlanta.
The salary dumps, which occurred just before the deadline, cut more than $1.5 million off the Warriors’ salary cap figure. The Warriors needed to trim $1.2 million to avoid paying the luxury tax penalty.
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