The Financial Impact Of The Kemba Deal

[Roy H.]

Salary Out:

Kemba:  $36,016,200    $37,653,300
16th pick: $2,678,900   $2,812,900   $2,947,000

Salary In:

Horford: $27,000,000    $26,500,000*
Brown: $1,701,593    $1,846,738    $1,997,718

* Partially guaranteed at $14,500,000.  Becomes fully guaranteed if Celtics win championship, or $19.5 million guaranteed if the Celtics make the Finals

Net:

2022:  $38,695,100 - $28,701,593 = $9,993,507
2023:  $40,466,200 - $27,847,238 = $12,618,962

If Hoopshype is correct, this drops our total payroll next season to $122,084,120.

The 2021-2022 salary cap is projected at $112 million, and the luxury tax is $136.6 million.

That puts us about $14.6 million below the tax, with Fournier as the only key unsigned free agent (with Kornet also a free agent).

Hopefully we can trade Thompson to add even further flexibility. 

[Donoghus]

Good stuff, Roy.

Definitely got a little more financial breathing room out of this deal. 

[perks-a-beast]

I think a team like Charlotte or Dallas would be willing to take on Tristan Thompson for a 2nd rounder. We may have to wait a while for that shoe to drop, though.

[LilRip]

14m below luxury tax but I assume this still means no FA signing outside of MLE in the foreseeable? Barring we dump a lot of players in the next offseason

[slamtheking]

if this is indeed the first shoe dropping and more deals are to come such as TT and/or Smart going out, this may look like a much better deal than it does right now. 

[Roy H.]

14m below luxury tax but I assume this still means no FA signing outside of MLE in the foreseeable? Barring we dump a lot of players in the next offseason

Correct.  If Brad wants cap space, he can get it as soon as 2023.  To do so, he'd have to sign Fournier to a max of a two year deal, and would have to let Marcus walk.

Otherwise, you're right:  we'll be confined to the Taxpayer MLE or the full MLE.

To me, it looks like the team could trade Thompson into cap space and sign Fournier to a deal starting around $14 million.  That would allow us to use the full MLE, I believe.  With trading Thompson, we could use the Taxpayer MLE or a certain portion of the full MLE I think.

[CptZoogs]

I just hope the primary motivation is for future competetive flexibility as opposed to saving management money.  I get it's a business, but if it is the latter then I am not going to get too worked up about the savings.  There is definitely potential for this to help us down the line though.

[nyceltsfan]

14m below luxury tax but I assume this still means no FA signing outside of MLE in the foreseeable? Barring we dump a lot of players in the next offseason

Correct.  If Brad wants cap space, he can get it as soon as 2023.  To do so, he'd have to sign Fournier to a max of a two year deal, and would have to let Marcus walk.

Otherwise, you're right:  we'll be confined to the Taxpayer MLE or the full MLE.

To me, it looks like the team could trade Thompson into cap space and sign Fournier to a deal starting around $14 million.  That would allow us to use the full MLE, I believe.  With trading Thompson, we could use the Taxpayer MLE or a certain portion of the full MLE I think.

What if we do not resign Fournier and somehow avail ourselves of Tristan Thompson's contract?  How much space do we have to sign someone?  What would, say, a Kyle Lowry cost and how far off are we from that?  Would a sign and trade of Lowry for Tristan Thompson and other pieces work, or is that not even allowed?  (Forgive me for not totally understanding the rules, here.)

[Vermont Green]

Do we get a $10M TPE out of this?  Actually, just saw on Spotrac, they are listing a $6.9M TPE from this trade.  So we have:

$9.8M    Non-Tax payer (probably reduces when we pay pass into the tax range)
$11.0M  What is left of Hayward  (Nov 2021)
$4.8M    Kanter  (Nov 2021)
$1.6M    Teague (probably useless)
$5.0M    Theis  (March 2022)
$6.9M    Kemba  (June 2022)

Not sure what any of these will get us.  Any ideas?

[CptZoogs]

Do we get a $10M TPE out of this?  Actually, just saw on Spotrac, they are listing a $6.9M TPE from this trade.  So we have:

$9.8M    Non-Tax payer (probably reduces when we pay pass into the tax range)
$11.0M  What is left of Hayward  (Nov 2021)
$4.8M    Kanter  (Nov 2021)
$1.6M    Teague (probably useless)
$5.0M    Theis  (March 2022)
$6.9M    Kemba  (June 2022)

Not sure what any of these will get us.  Any ideas?

My guess is mostly speculation followed by disappointment on message boards.  I could be wrong though. I think the kemba move was mostly about long-term flexibility and expect them to let these expire.   

[Sophomore]

Do we get a $10M TPE out of this?  Actually, just saw on Spotrac, they are listing a $6.9M TPE from this trade.  So we have:

$9.8M    Non-Tax payer (probably reduces when we pay pass into the tax range)
$11.0M  What is left of Hayward  (Nov 2021)
$4.8M    Kanter  (Nov 2021)
$1.6M    Teague (probably useless)
$5.0M    Theis  (March 2022)
$6.9M    Kemba  (June 2022)

Not sure what any of these will get us.  Any ideas?

My guess is mostly speculation followed by disappointment on message boards.  I could be wrong though. I think the kemba move was mostly about long-term flexibility and expect them to let these expire.

Bingo.

The draft assets we could send another team are dwindling. Why does anybody send us a good role-playing vet? I guess we can trade our first round pick in 2022 and one of the young guys.

[BMark]

Do we get a $10M TPE out of this?  Actually, just saw on Spotrac, they are listing a $6.9M TPE from this trade.  So we have:

$9.8M    Non-Tax payer (probably reduces when we pay pass into the tax range)
$11.0M  What is left of Hayward  (Nov 2021)
$4.8M    Kanter  (Nov 2021)
$1.6M    Teague (probably useless)
$5.0M    Theis  (March 2022)
$6.9M    Kemba  (June 2022)

Not sure what any of these will get us.  Any ideas?

My guess is mostly speculation followed by disappointment on message boards.  I could be wrong though. I think the kemba move was mostly about long-term flexibility and expect them to let these expire.

Bingo.

The draft assets we could send another team are dwindling. Why does anybody send us a good role-playing vet? I guess we can trade our first round pick in 2022 and one of the young guys.

Don't think we can trade next year's pick as we cannot trade our own FRPs in consecutive years.  Cs could still fit in SloMo's salary, would it take more than a second round pick?

[PAOBoston]

The Celtics, per source, now believe they will have an easier time re-signing Evan Fournier, and still have a modest free agent goal of signing someone to the full mid-level extension.

https://twitter.com/murf56/status/1405985966020571139?s=21

[Roy H.]

Do we get a $10M TPE out of this?  Actually, just saw on Spotrac, they are listing a $6.9M TPE from this trade.  So we have:

$9.8M    Non-Tax payer (probably reduces when we pay pass into the tax range)
$11.0M  What is left of Hayward  (Nov 2021)
$4.8M    Kanter  (Nov 2021)
$1.6M    Teague (probably useless)
$5.0M    Theis  (March 2022)
$6.9M    Kemba  (June 2022)

Not sure what any of these will get us.  Any ideas?

My guess is mostly speculation followed by disappointment on message boards.  I could be wrong though. I think the kemba move was mostly about long-term flexibility and expect them to let these expire.

Bingo.

The draft assets we could send another team are dwindling. Why does anybody send us a good role-playing vet? I guess we can trade our first round pick in 2022 and one of the young guys.

Don't think we can trade next year's pick as we cannot trade our own FRPs in consecutive years.  Cs could still fit in SloMo's salary, would it take more than a second round pick?

We can trade our 2022 draft pick as soon as this year’s draft is over.

[nickagneta]

Minor point but most first rounders sign at the allowed 120% of the set rookie scale. So about a half million difference each season you count that pick as savings. Like I said, minor.

The added flexibility and now solid center position makes me wonder if sign and trades are back on the table if Fournier goes elsewhere...regardless of why he would be going elsewhere.