Brooklyn is committed to paying out $81.8 million. L.A. will pay out $94.3 million with Miami at $82.6 million. Nets and Heat currently have 13 players under contract, the Lakers 12. The Knicks are next at $78.6 million, followed by the Grizzlies at $75.1 million.
Sources add that Mikhail Prokhorov will pay at least $11.5 million in luxury tax this year. Without major changes in the roster, the bill will jump to $22.8 million next season, only $300,000 less than Miami.
The Nets and Bulls are the only teams this season with four players earning more than $10 million each. Gerald Wallace, who will make $9.7 million this season, joins the club in the second year of his deal. Meanwhile, Forbes Real-Time Billionaire Tracker reports Prokhorov's net worth increased $87.5 million Monday. So it's a wash.