Originally posted on Red's Army  |  Last updated 9/7/12
Through a complex formula, Bloomberg Businessweek has identified the smartest spending teams in sports.  The Celtics rank 2nd in the NBA (behind the Lakers) and 7th among the four North American professional leagues. It comes down to cost-per-win with bonus points for wins above .500, playoff wins and championships. The Heat, Magic and Spurs round out the top 5 in the NBA. The Knicks are 29th (big smile). It’s a different ballgame for the 2012-13 season. The Celtics are a smidge under the $74 million luxury tax threshold. Meanwhile, the Lakers are shelling out $99 million to Kobe, Gasol, Nash and Clown Face. Kobe’s hauling in $28 million alone. Click the link for a cool interactive graphic that displays rankings for all the leagues. And if you are a real geek, you can make up your own ranking system.
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