The Jazz will pay luxury tax for the first time in franchise history.
They exceeded the salary cap by roughly $2.2 million this season, meaning they'll owe a penalty of the same amount and miss out on a share of the money pool for teams that don't pay tax (approximately $2 million).
According to general manager Kevin O'Connor, Utah won't rule out playing luxury tax again in the future.
"I think you can see us doing that again," O'Connor said recently.
All four of this season's conference finalists -- the Celtics, Lakers, Magic and Suns -- will pay luxury tax.
"Look, we're not gonna do it to try to sign a body to make it look cosmetically good," O'Connor said. "But I think if it improves our team for the long range, and it gives us an opportunity to get to the next round or whatever round, we hear it.
"I think we're gonna be aggressive in trying to build a real competitive team, an elite team, which I think we've done over the last four years," the Jazz GM added. "Where we go from here, I'm not positive. But I think the Miller family has given a commitment."