▲ 216 r/sixers
Josh Harris Has Owned the Sixers for 15 Years and Has Barely Paid Luxury Tax (Only Twice)
Since buying the team in 2011, Josh Harris and the Sixers have only paid luxury tax in two seasons (2020-21 and 2021-22), with a total bill around $40M across 15 years.
For context:
- Many contenders pay $50M–$170M in a single season
- Traded Jared McCain partly to stay under the tax again this year
- Harris is a multi-billionaire who owns the Commanders and Devils
He’s said he’s willing to pay when it’s time to win, but that time never seems to come.
Ownership treats this as a business that needs to stay profitable rather than going all-in for a championship.
u/IU_Kydo — 4 days ago