Celtic Owners Willing To Pay Luxury Tax
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KyleCleric
swish
bobheckler
fierce
8 posters
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Celtic Owners Willing To Pay Luxury Tax
#Celtics co-owner Wyc Grousbeck on @985TheSportsHub said he’s hoping to “pay for performance” and “we are prepared to do whatever it takes to win again” when asked if the team will pay deep into the luxury tax to keep this team together in the future. – via Twitter
Top Rumors, Free Agency, Wyc Grousbeck, Boston Celtics
Top Rumors, Free Agency, Wyc Grousbeck, Boston Celtics
fierce- Posts : 1251
Join date : 2017-04-22
Re: Celtic Owners Willing To Pay Luxury Tax
Looks like the owners learned their lesson.
They refused to give James Posey an additional 6m back in the summer of 2008.
That cost the Celts the 2010 championship, in my opinion.
I'm sure the Celts were going to be better with James Posey on the court than Tony Allen.
And I'm not only talking about Game 7 because the Celts lost Game 1 of that series.
They refused to give James Posey an additional 6m back in the summer of 2008.
That cost the Celts the 2010 championship, in my opinion.
I'm sure the Celts were going to be better with James Posey on the court than Tony Allen.
And I'm not only talking about Game 7 because the Celts lost Game 1 of that series.
fierce- Posts : 1251
Join date : 2017-04-22
Re: Celtic Owners Willing To Pay Luxury Tax
They feel good about doing this because:
1. It worked in 2007-2010.
2. Danny saved them a ton of money by staying below the luxury tax for the past 5 years, so now they have it to spend.
3. The recent Supreme Court ruling on sports gambling will double the value of their franchise.
4. Adam Silver is negotiating with casinos and bookies (or whatever the politically correct term for them is now) to get a piece of the action, which will increase the salary cap.
As usual, our front office are far-thinking visionaries.
bob
.
1. It worked in 2007-2010.
2. Danny saved them a ton of money by staying below the luxury tax for the past 5 years, so now they have it to spend.
3. The recent Supreme Court ruling on sports gambling will double the value of their franchise.
4. Adam Silver is negotiating with casinos and bookies (or whatever the politically correct term for them is now) to get a piece of the action, which will increase the salary cap.
As usual, our front office are far-thinking visionaries.
bob
.
bobheckler- Posts : 62616
Join date : 2009-10-28
Re: Celtic Owners Willing To Pay Luxury Tax
Higher salaries won't stop some players from becoming unrestricted free agents - when the issue is about playing time.
swish
swish
swish- Posts : 3147
Join date : 2009-10-16
Age : 92
Re: Celtic Owners Willing To Pay Luxury Tax
swish wrote:Higher salaries won't stop some players from becoming unrestricted free agents - when the issue is about playing time.
swish
For now though, the Cs can control where Smart plays next year and Rozier the next 2.
I would guess from this that ownership is ok with Ainge using MLE and LLE to improve team.
KyleCleric- Posts : 1037
Join date : 2012-05-10
Age : 38
Re: Celtic Owners Willing To Pay Luxury Tax
KyleCleric wrote:swish wrote:Higher salaries won't stop some players from becoming unrestricted free agents - when the issue is about playing time.
swish
For now though, the Cs can control where Smart plays next year and Rozier the next 2.
I would guess from this that ownership is ok with Ainge using MLE and LLE to improve team.
Celts have so many good players, they might not need the MLE or LLE.
Remember, the Celts still have a 1st round pick this year and they're going to get the 2019 Kings pick next year.
fierce- Posts : 1251
Join date : 2017-04-22
Re: Celtic Owners Willing To Pay Luxury Tax
fierce wrote:KyleCleric wrote:swish wrote:Higher salaries won't stop some players from becoming unrestricted free agents - when the issue is about playing time.
swish
For now though, the Cs can control where Smart plays next year and Rozier the next 2.
I would guess from this that ownership is ok with Ainge using MLE and LLE to improve team.
Celts have so many good players, they might not need the MLE or LLE.
Remember, the Celts still have a 1st round pick this year and they're going to get the 2019 Kings pick next year.
I'm not the person to talk to about the draft, there are far, far better prognosticators on this board than I, but I'd be just fine if we traded our #27 pick this year. Either Nader or Semi can do as well as any player that far down in the draft and they have a year in Brad's system and they are just as cheap. The #27 will make a little over $1M/year, but will sign a 3-4 year deal with each year being more expensive.
Nader is signed, at team's option, for $1.378M. However, it is year-to-year with only a partial year guarantee ($450K), so he can be cut without too much pain next year and no lingering impact on the salary cap in future years like the #27 pick would. Nader only has a $450K hit on the cap if cut.
Semi has the same deal as Nader, except his guarantee is for $901K.
I say "trade down for a couple of 2nd round picks". If they work out great but if they don't there isn't an NBA requirement to sign them like there is with first-rounders. And the difference in talent between a #27 and a #37 probably isn't too great.
bob
.
bobheckler- Posts : 62616
Join date : 2009-10-28
Re: Celtic Owners Willing To Pay Luxury Tax
fierce wrote:KyleCleric wrote:swish wrote:Higher salaries won't stop some players from becoming unrestricted free agents - when the issue is about playing time.
swish
For now though, the Cs can control where Smart plays next year and Rozier the next 2.
I would guess from this that ownership is ok with Ainge using MLE and LLE to improve team.
Celts have so many good players, they might not need the MLE or LLE.
Remember, the Celts still have a 1st round pick this year and they're going to get the 2019 Kings pick next year.
There should may be 5 roster spots and 1 2-way spot to address:
-Smart (restricted)
-Baynes (non-bird perhaps or even MLE could be useful)
-Larkin
-Monroe
-Nader(does he get cut?)
-Bird (restricted, is he added to the team?)
Assuming Danny doesn't do another big trade, only some tweaking and then it's certainly questionable whether that's worth it to spend a MLE or LLE on a 12th or 13th man
KyleCleric- Posts : 1037
Join date : 2012-05-10
Age : 38
Re: Celtic Owners Willing To Pay Luxury Tax
This is great news. I agree with Bob about the draft. Most of the experts I have seen predict that the Celts will pick a point guard or wing to protect against losing Rozier or Smart. Maybe the bigs that far down are no better than guys we have? If a super-talented vet becomes available via trade route, decisions will have to be made .Otherwise , ride with who brung us.
jrleftfoot- Posts : 2085
Join date : 2016-07-07
Re: Celtic Owners Willing To Pay Luxury Tax
fierce wrote:Looks like the owners learned their lesson.
They refused to give James Posey an additional 6m back in the summer of 2008.
That cost the Celts the 2010 championship, in my opinion.
I'm sure the Celts were going to be better with James Posey on the court than Tony Allen.
And I'm not only talking about Game 7 because the Celts lost Game 1 of that series.
+1
Ktronic1- Posts : 5866
Join date : 2015-02-03
Re: Celtic Owners Willing To Pay Luxury Tax
Trading up or down is always an option.bobheckler wrote:fierce wrote:KyleCleric wrote:swish wrote:Higher salaries won't stop some players from becoming unrestricted free agents - when the issue is about playing time.
swish
For now though, the Cs can control where Smart plays next year and Rozier the next 2.
I would guess from this that ownership is ok with Ainge using MLE and LLE to improve team.
Celts have so many good players, they might not need the MLE or LLE.
Remember, the Celts still have a 1st round pick this year and they're going to get the 2019 Kings pick next year.
I'm not the person to talk to about the draft, there are far, far better prognosticators on this board than I, but I'd be just fine if we traded our #27 pick this year. Either Nader or Semi can do as well as any player that far down in the draft and they have a year in Brad's system and they are just as cheap. The #27 will make a little over $1M/year, but will sign a 3-4 year deal with each year being more expensive.
Nader is signed, at team's option, for $1.378M. However, it is year-to-year with only a partial year guarantee ($450K), so he can be cut without too much pain next year and no lingering impact on the salary cap in future years like the #27 pick would. Nader only has a $450K hit on the cap if cut.
Semi has the same deal as Nader, except his guarantee is for $901K.
I say "trade down for a couple of 2nd round picks". If they work out great but if they don't there isn't an NBA requirement to sign them like there is with first-rounders. And the difference in talent between a #27 and a #37 probably isn't too great.
bob
.
Will be interesting to see who Danny brings in for the job interview.
dboss- Posts : 19218
Join date : 2009-11-01
Re: Celtic Owners Willing To Pay Luxury Tax
No surprise here. This is why I am not concerned about resigning guys like Smart or Rozier. Also Danny has staggered most of the contracts on this team so that they are more manageable. For example Horford has 2 year at the high water mark and then Jaylen will be eligible for an extension.fierce wrote:#Celtics co-owner Wyc Grousbeck on @985TheSportsHub said he’s hoping to “pay for performance” and “we are prepared to do whatever it takes to win again” when asked if the team will pay deep into the luxury tax to keep this team together in the future. – via Twitter
Top Rumors, Free Agency, Wyc Grousbeck, Boston Celtics
dboss- Posts : 19218
Join date : 2009-11-01
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