Nets projected for $12.8M tax hit

Salary-cap guru Larry Coon projects that the Nets will pay $12.8 million in luxury taxes this season.

Brooklyn's payroll is $83.1 million. The tax line is $70.3 million, and teams must pay one dollar for every dollar they are over.

Only the Lakers ($99.9 million, $29.6 million tax) and Heat ($83.5 million; $13.2 million tax) have bigger bills.

Coon notes that there is no way to know the exact figure until performance bonuses are paid out.

For a more detailed look, check out Coon's blog entry.