Each team is responsible for keep track of their financial records with ONE POST in this thread that shall be edited continuously to represent any transactions. Please organize your banking post by fiscal year. The most successful GMs will be determined by how much profit their team can accumulate, hence requiring a brilliant mind to weigh the trade off between salaries and winning.
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2013-14
The cap floor is set at $46,800,000, your total team salaries must be greater than this at all times during the season.
The salary cap is set at $52,000,000.
The luxury tax threshold is set at $64,000,000, your team pays an additional $1 in luxury taxes for each $1 you override this threshold.
Expenses
- Total Team Salaries each season x 1.5 (If your salaries total $50M, you pay $75,000,000 million)
- Total Luxury Tax each season (e.g. if your salaries are $70M, you pay $2 million in luxury tax)
- Transactions sending cash to another team (Remember cash rules - in the Trades thread!)
- If you are UNDER the $46.8 million cap floor, you will also be expensed the difference and that amount will be granted to all team above the floor, divided evenly.
Revenues
- Complete the List: $43,000,000
- $1,000,000 x # of wins each season
- Eliminated in Quarterfinals = $3,000,000
- Eliminated in Semifinals = $6,000,000
- Eliminated in Conference Finals = $12,000,000
- Finalist = $23,000,000
- Champion = $35,000,000
- League MVP = $15,000,000
- Playoffs MVP = $10,000,000
- Rookie of the Year = $10,000,000
- Defensive Player of the Year = $10,000,000
- Executive of the Year = $12,000,000 (best GM voted by fellow GMs)
- Sixth Man of the Year = $5,000,000
- All Star Game Starter = $2,000,000
- Rookie Game Starter = $2,000,000
- Slam Dunk Champion = $2,000,000
- 3 Point Shoot Out Champion = $2,000,000
- All Star Game MVP = $2,000,000
- Rookie Game MVP = $2,000,000
- All NBA First Team = $10,000,000
- All NBA Second Team/All Defensive First Team/All Rookie First Team = $5,000,000
- All NBA Third Team/All Defensive Second Team = $2,000,000
- All Rookie Second Team = $1,000,000



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