The intent of a luxury tax is to penalize teams that overspend and help teams that underspend. And being one of the teams that spends below the luxury-tax level, we do benefit from it. The issue is, is it achieving the desired result — keeping teams fiscally responsible with regard to their salary spend? The current [collective-bargaining agreement] runs through the end of the 2011 season, and if the luxury tax hasn't worked, if people don't like it, then I'm sure there will be a change.
What's the best part of being the CFO of an NBA team?
When I go to the games, and I know I have a part in bringing the excitement and thrills to all those people, that's the part that makes my day. Conversely, when I'm at the arena and the team loses, that's the low point. Whether you're on the court or the guy signing the checks, it still hurts when you lose.
Do you ever get the urge to help improve on-the-court results?
One year we kept losing games because we missed foul shots at the end of the game. I volunteered to find [room] in the budget to pay for a foul-shooting coach. For the right reasons they didn't take my advice.
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