Re: Salary Cap Situation for 2013-14
posted at 5/8/2013 1:54 AM EDT
In response to Fierce34's comment:
In response to Mployee8's comment:
They could dump $4MM with a KG trade and another $10MM by exercising their ETO on Pierce. Thats $14MM that surely gets them under the cap.
What's wrong with you?
Pierce doesn't have an ETO, Pierce has a non-guaranteed contract for next season. If the Celts waive Pierce, 5m will count against the cap.
>> What's wrong with you? I said they (Celtics) can excercise their early termination option for $5MM!
>> Wrong ... The C's can use the stretch provision to allocate that $5MM over three years.
And KG has a no trade clause. Would KG really want to go to a team like the Kings or the Cavs?
>> You really are a liar. Where did I say the Kings or Cavs. I mentioned Golden State and the Clips!!!
Teams under cap are lottery teams. They would not do what you're asking them to do.
> > Right ... and Minny will never trade KG to the Celts for an expiring contract!
Right now the Celts have a 71.568m payroll.
By waiving Pierce that total would go down to 62.6m, according to hoopsworld.
Even if the Celts trade KG's 12m for 8m, that would just put the Celts at 58.6m. And since the projected salary cap for next season is just 60m, the Celts would just be 2m under the cap!
What will you do with 2m?
>> Bet they didn't allocate the $5MM buy out over three years using the stretch provision for guaranteed salary, huh? That brings in down to $60MM and another $4MM for KG brings it down to $56MM.
So with that done, what have we really gotten other than your prediction of $2MM? Well, for starters we have an $8MM player/s we just picked up for KG and maybe a draft pick as well or a Traded Player Exception to be used for another player. We also are $4-5MM under the cap and have the Mini-MLE ($3MM) at our disposal as well. So assuming we got a big for the $8MM trade off for KG, we have $4-5MM left under the cap for a bonafide 3-pt shooter and the MMLE for a backup PG. That fills a few holes and provides a good transition to 2014. Or they could just take back a PTE and use that with one or a combination of Lee, Melo, Bass, etal for Big Al ... All sorts of options depending upon what Danny can do. He now has an old allie in Phoenix not unlike his McHale connection which could prove to be beneficial as well.