That's about what everybody was predicting, right?

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"Tubby? Oh yes, Tubby."

Pretty much, yep. Though for the Bulls, the '08 figures are the important ones.

Hey Spinnin, where does the salary cap tax go towards? In the MLB, it goes to the lower revenue teams - what about NBA?

Are the MLB owners required to put that money back into the team ?

My fault - I was thinking revenue sharing.

Luxury Tax for baseball goes like this:

Where Does the Money Go?

Contrary to popular opinion, the tax revenues do not go to the "poor" clubs. In fact, they don't go to any club at all.

Half of the money will go to player benefits (i.e. pension fund).

One quarter of the money will go to the "industry-growth fund."

One quarter of the money will be allocated for developing baseball players in countries with no organized baseball at the high school level.

Sucker's, there is your answer on who to contact about playing overseas.

It gets split up among the other teams under the tax, though I don't believe they split 100% of the revenue. Not sure how they allocate every single penny, but I'd assume some of it is funding the NBDL, some probably goes to NBA charities, etc, etc.