Offseason Observations: Tax Rates, Extensions, Kuminga/Giddey

The NBA's offseason news wire has slowed down since Summer League ended, but there's still no shortage of storylines to follow in August. Since the month began, Luka Doncic, De'Aaron Fox, and Mikal Bridges have signed lucrative new extensions, and top restricted free agents like Jonathan Kuminga, Josh Giddey, Quentin Grimes, and Cam Thomas are still working on new contracts.

As we await further updates on the summer's top remaining free agents and extension candidates, I'm taking a closer look today at some of the stories that have caught my eye as of late. That includes taking a closer look at how the new luxury tax rates are affecting projected tax bills, how the extend-and-trade rules might affect players traded this summer, and whether a Kuminga/Giddey double sign-and-trade could really work.

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