Knicks Owner James Dolan Says Team Will Not Cross NBA’s Second Apron
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New York Knicks governor James Dolan told ESPN he does not intend to move the franchise into the NBA’s second luxury-tax apron in an effort to keep the current roster intact.
Dolan’s stance signals the organization will avoid the higher tax threshold that triggers additional league penalties for high-spending teams. How the decision affects upcoming personnel moves was not addressed in the comments reported by ESPN.
Source: ESPN