SPORTS
07/10/2013 04:43 pm ET

Mikhail Prokhorov Is So Steinbrennian

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The Nets will start next season with a payroll of about $98 million — well above the NBA's tax threshold, which is set at $71.748 million for 2013–14. Under the terms of the league's current collective bargaining agreement, teams above the threshold have to pay a tax that starts at $1.50 for each dollar they exceed that figure.

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