-- Jim Eichenhofer, Hornets.com
As we’ve discussed on this site in recent months, with NBA teams allowed to begin negotiations with free agents at 12:01 a.m. EST Wednesday, various national media members are erroneously presuming that the Hornets will avoid the luxury tax by all means necessary.
On this topic, it’s probably worth re-visiting some of the comments made by New Orleans president Hugh Weber -- who oversees the team’s business operations -- in mid-May regarding the luxury tax. Weber’s meeting with the local New Orleans media was interesting to watch, partly because he was able to dispel some of the assumptions that were being made at the time. I remember beat writer John Reid of the Times-Picayune asking Weber, “you realize that ESPN is reporting that the Hornets will avoid the luxury tax no matter what, right?”
Weber responded that he can’t control what ESPN or any other media outlet reports. He later tried to clarify the Hornets’ philosophy on how they will approach being over or under the luxury tax.
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