NBA players and owners will save a significant amount of money due to the extension of the Bush tax cuts.
"The tax savings would be approximately $84.7 million for the players," writes a C.P.A who wrote to Abbot.
"Simply put the 4.6% difference in the highest marginal rate multiplied by the applicable base of 1.8 billion would result in $84.7 million in tax savings to the players."