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Luxury Tax Implications

All articles tagged with #luxury tax implications

sports1 year ago

"Suns Lock in Grayson Allen with $70M 4-Year Extension Ahead of Playoffs"

Grayson Allen has agreed to a four-year, $70 million contract extension with the Phoenix Suns, including a player option, after a career-best season. The deal comes with significant luxury tax implications for the Suns, but it allows them to keep their core together. Allen's exceptional 3-point shooting and contributions to the team have been pivotal, and the Suns are set to face the Minnesota Timberwolves in the first round of the Western Conference playoffs.