Why is Abe Pollin willing to pay the luxury tax?
First and foremost, he wants to win now, not later … the guy doesn’t have much ‘later’ left.
Second, the Wizards are relatively financially stable, ranked 15th in the NBA by Forbes in franchise value, 14th in revenue and 10th in operating income. The rankings could be better considering that D.C. is the 8th largest media market in the U.S. (in 2006). Then again, being in such a large media market helps bring in revenue from other sources.