http://m.si.com/news/archive/archive/detail/1511272/full
Look for #1 on the list of "most wasteful franchises" and there we'll be. $3.74M in payroll per win. After we dropped SAR, we went from 9th highest payroll in the NBA to somewhat below average, which was the first time we'd been to that region in a long time. But in terms of wins divided by payroll $, we're still at the very bottom of the NBA.
Agreed, $45M is the correct figure, even per hoopshype (after you deduct SAR's pay). My workload's been insane lately, and I made rushed & sloppy errors WRT next year's roster and pay.
A little, it makes it less likely that the Maloofs can break even this year, let alone pay back much to the NBA for this year's pecuniary shortfall. But the general gist is the same: we've had a severely overpaid team, but could have the lowest pay in the NBA next year. Even so, the franchise has a very long way to go before it's +.500 and/or out of the red, and out of the red is sure to be the top priority for now. I'm anticipating no major FA signings this year, and am starting to wonder whether the much-anticipated drop in payroll in summer 2010 will be any different.