If this luxury tax is aimed at those tanking teams it's again the wrong way. Tanking could easily be made useless. Just drop those numbers of fans attending games to a few 100, sitting on bleachers.
If you lose a lot of games in a row (not counting cup games of course) by a large margin there should be a really high attendance drop, e.g.:
1st game lost with more than 50 points: -25% for the next game
2nd game lost with more than 50 points: -50% for the next game
3rd game lost with more than 50 points: -75% for the next game
4th game lost with more than 50 points: just 500 people showing up
The margin of -50 could be higher, e.g. 60/70/ even 80 points.
That would make tanking totally unprofitable and it would even be realistic.
Taking a different avenue from this...
I myself as a fan, would be very upset if I saw a healthy Kyrie Irving (which is like seeing a Unicorn to begin with) sitting on the bench and instead I am force-fed to watch Delladova for 40+ minutes a game.
Oh LeBron, no... we'll let you watch Mike Miller instead.
Facts:
Fans do not buy merchandise from teams for their crappy players.
Fans buy less merchandise from losing teams.
Teams that fail to win lose season ticket holders.
Teams that continually lose are *essentially* forced to lower ticket prices, so that people will bother showing up.
Teams that continually suck have their television games changed to other teams playingIf you're tanking, you don't get as much TV Contract money, instead it gets divided up to the other teams in your league since what would have been your game being televised is now being one of their games instead because its less of an embarrassment, and will have more shares for the TV networks.