That can then be taken further and be said that if at anytime in those four years the team goes over the luxury tax the penalty can then logically be attributed to this contract. I will not assume we are over the luxury tax by the amount of this contract all 4 years, I think that is unfair and not likely. So let's say that over the four year the team pays $12 million in luxtax penalties.
this is another point that i don't understand....attributing any lux tax penalties in 2011 to Posey.
if we signed him to a four year deal now, we would be well under the the regular cap at that point, so any salary that went over the lux cap would be the OTHER contracts that we signed. not Posey's
and for 2010, why isn't it the rookies contracts that are being doubled or any other player that we sign next off season that is doubled...why is it only Posey's that is being counted in lux tax penalties?
same goes for this season, if we sign a couple of guys with the MLE...how many players out there are you comfortable paying double to? Lue? Thomas? Barnes?
i just don't see why this double salary thing is laid only at the feet of Posey.
Your entiring thinking is based on renouncing Ray Allen's $18 million a year contract slot.
Not the best of things to do. Especially considering using that slot 6 months or a year earler to trade for players of quality would be the best way of extending the chance of winning. Add $18 million of salary to your thinking and now you see where I am coming from.
I believe the Celtics may as well hold a gun to their head and pull the trigger if they are deciding not to extend Ray Allen two years or don't trade him for other players. Renouncing that salary(which you are doing in your thinking of Posey's contract not being a part of a luxtax penalty after 2010) is suicide for this franchise.
Now if they extend Ray two years and then renounce both Ray's and KG's contracts at the same time, Then I think they are on the right path because now you are talking about having a ridiculous amount of money under the cap.
Ugh. I lost a long post somewhere in cyberspace, darn it.
Anyway, long story short, don't you think you're using a bit of hyperbole, nick? Unlike a small business owner, the Celtics don't have to worry about their actual livelihood; signing Posey wouldn't lead to Wyc, either literally or metaphorically, not being able to put a roof over his head. Also, I will point out that in Steve's "pay up front" hypothetical, I don't think anybody assumed Posey would be worth $0 in years three and four. He'll almost definitely be worth something. Perhaps less than his contract -- maybe even 50% or more less -- but he'll still have a value.
That being said, I'm all for fiscal restraint, if it's not counter-productive. Like in all businesses, the team needed to conduct a cost vs. benefit analysis. Obviously, they did so, and determined that the cost was too great, especially when compared to replacement cost vs. replacement benefit. Time will tell if they're right, but I'm inclined to trust their judgment, as they're the ones who 1) have access to all the available information, and 2) do this professionally.
Of course it is hyperbole and I think the symbolism still holds true.
Would Wyc be willing to sacrifice the roof over his head and the food he eats(profits long term due to a consistently competitive team based on prudent financial decisions) for the plaque that goes on the wall(the O'Brien Championship trophy)and possible short monetary gains?
What happens if they give the contract to Posey and make another bad contract(I am a believer that one bad contract almost always begets more to make up for the first mistake) but don't win another title? Does management then say "That's it Danny. Drop salary, don't resign the youngsters to market value contracts, renounce the old guys, here is your budget." and suddenly we are in another decade or more of rebuilding?
Wyc and the boys now know what it is like to be a viable sports entity in this town. This town doesn't expect a championship every year, they just want a chance at it.
Did the Pats fans go away in droves in 2002 or 2005, 06 when the Pats didn't win the Superbowl but was competitively good?
Did the Sox fans go away in 2005 and 06 when the Sox didn't win the Series but were competitively good?
Are the fans flocking into the Garden in droves for the Bruins, a team that hasn't had a sniff of a chance at inning the cup since the early 1990's vs Edmonton?
If the Celtics don't win it all over the next decade but because of financial prudence and smart player management and evalution remain competitive to the point where they are going deep into the playoffs every year and make a few ECFs and Finals, the fans will stay.
If the Celtics overspend foolishly for the chance at cashing in on some supposed two year window and within 5 years are looking at a team that is comparable to the Celtics teams of 1997-2001 and 2003-2007, say bye-bye to the people at the box office, shirt and hat sales, national television exposure and local viability in the entertainment spending dollar.