Author Topic: Wyc Grousbeck: Luxury Tax Allergic  (Read 9999 times)

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Wyc Grousbeck: Luxury Tax Allergic
« on: August 08, 2021, 05:53:02 PM »

Offline Ed Monix

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It’s become evident for me that Wyc Grousbeck has recently hamstrung Danny Ainge and now Brad Stevens, in regards to our roster because he doesn’t want to go into the luxury tax. This way of thinking doesn’t make sense because getting ASSETS requires going into the tax!

The Golden State Warriors brought in De’Angelo Russell because they knew they would lose the cap space after Durant left. That move eventually got them the 7th pick in the 2021 Draft. Kuminga wouldn’t be there if GSW didn’t stay in the tax.

If hypothetically a star wants to be traded to the Boston, the Celtics wouldn’t have the assets to trade for him. You can’t say to major free agents, ‘We will only spend once you sign here!’

We just trade dumped Theis & Thompson, then let Fournier walk to prevent paying the tax. Spending leads to winning, you don’t only spend after winning!

In regards to tickets sales, the Boston Celtics are one of the most supported sports franchises in the WORLD. The team hasn’t missed the playoffs in almost 15 years, that’s all extra income for ownership. Losing less then one season of tickets shouldn’t be an issue.
« Last Edit: August 08, 2021, 06:22:44 PM by Ed Monix »
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Re: Wyc’s flawed logic
« Reply #1 on: August 08, 2021, 05:57:01 PM »

Offline Tr1boy

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It is obvious for me now that Wyc Grousbeck has hamstrung Ainge and now Stevens in regards to our roster because he didn’t want to go into the luxury tax. His way of thinking about spending with the franchise doesn’t make sense as getting ASSETS requires going into the tax!

The GSW ownership brought in De’Angelo Russell because they knew they would lose the cap space after Durant left. That move eventually got them the 7th pick in the 2021 Draft. Kuminga wouldn’t be there if GSW didn’t stay in the tax.

If hypothetically a star wants to be traded to the Boston, the Celtics wouldn’t have the assets to trade for him. You can’t say to major free agents, ‘We will only spend once you sign here!’

We just trade dumped Theis & Thompson, then let Fournier walk to prevent paying the tax. Spending leads to winning, you don’t only spend after winning!

In regards to tickets sales, the Boston Celtics are one of the most supported sports franchises in the WORLD. The team hasn’t missed the playoffs in almost 15 years, that’s all extra income for ownership. Losing less then one season of tickets shouldn’t be an issue.

You don't go into the luxury tax for Evan Fournier

They want to have open cap space for 2022

Re: Wyc’s flawed logic
« Reply #2 on: August 08, 2021, 06:10:39 PM »

Offline knuckleballer

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It is obvious for me now that Wyc Grousbeck has hamstrung Ainge and now Stevens in regards to our roster because he didn’t want to go into the luxury tax. His way of thinking about spending with the franchise doesn’t make sense as getting ASSETS requires going into the tax!

The GSW ownership brought in De’Angelo Russell because they knew they would lose the cap space after Durant left. That move eventually got them the 7th pick in the 2021 Draft. Kuminga wouldn’t be there if GSW didn’t stay in the tax.

If hypothetically a star wants to be traded to the Boston, the Celtics wouldn’t have the assets to trade for him. You can’t say to major free agents, ‘We will only spend once you sign here!’

We just trade dumped Theis & Thompson, then let Fournier walk to prevent paying the tax. Spending leads to winning, you don’t only spend after winning!

In regards to tickets sales, the Boston Celtics are one of the most supported sports franchises in the WORLD. The team hasn’t missed the playoffs in almost 15 years, that’s all extra income for ownership. Losing less then one season of tickets shouldn’t be an issue.

You don't go into the luxury tax for Evan Fournier

They want to have open cap space for 2022

Fournier’s $20 million salary would help the Celtics trade for a star player such as Beal at the trade deadline.  It’s expensive, but the team can afford it and it is an asset.  It would be much more difficult to trade for an elite player without such an asset.  I think that’s the point.

Re: Wyc’s flawed logic
« Reply #3 on: August 08, 2021, 06:12:00 PM »

Offline colincb

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It’s become evident for me that Wyc Grousbeck has recently hamstrung Danny Ainge and now Brad Stevens, in regards to our roster because he doesn’t want to go into the luxury tax. This way of thinking doesn’t make sense because getting ASSETS requires going into the tax!

The Golden State Warriors brought in De’Angelo Russell because they knew they would lose the cap space after Durant left. That move eventually got them the 7th pick in the 2021 Draft. Kuminga wouldn’t be there if GSW didn’t stay in the tax.

If hypothetically a star wants to be traded to the Boston, the Celtics wouldn’t have the assets to trade for him. You can’t say to major free agents, ‘We will only spend once you sign here!’

We just trade dumped Theis & Thompson, then let Fournier walk to prevent paying the tax. Spending leads to winning, you don’t only spend after winning!

In regards to tickets sales, the Boston Celtics are one of the most supported sports franchises in the WORLD. The team hasn’t missed the playoffs in almost 15 years, that’s all extra income for ownership. Losing less then one season of tickets shouldn’t be an issue.

Re: Wyc’s flawed logic
« Reply #4 on: August 08, 2021, 06:15:08 PM »

Offline colincb

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It’s become evident for me that Wyc Grousbeck has recently hamstrung Danny Ainge and now Brad Stevens, in regards to our roster because he doesn’t want to go into the luxury tax. This way of thinking doesn’t make sense because getting ASSETS requires going into the tax!

The Golden State Warriors brought in De’Angelo Russell because they knew they would lose the cap space after Durant left. That move eventually got them the 7th pick in the 2021 Draft. Kuminga wouldn’t be there if GSW didn’t stay in the tax.

If hypothetically a star wants to be traded to the Boston, the Celtics wouldn’t have the assets to trade for him. You can’t say to major free agents, ‘We will only spend once you sign here!’

We just trade dumped Theis & Thompson, then let Fournier walk to prevent paying the tax. Spending leads to winning, you don’t only spend after winning!

In regards to tickets sales, the Boston Celtics are one of the most supported sports franchises in the WORLD. The team hasn’t missed the playoffs in almost 15 years, that’s all extra income for ownership. Losing less then one season of tickets shouldn’t be an issue.

You need to understand the economics of the situation better. Cs are a major disadvantage to franchises in LA, SF and NYC. In any case, I wouldn't have paid up for EF either.

Re: Wyc’s flawed logic
« Reply #5 on: August 08, 2021, 06:27:38 PM »

Offline Roy H.

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It’s become evident for me that Wyc Grousbeck has recently hamstrung Danny Ainge and now Brad Stevens, in regards to our roster because he doesn’t want to go into the luxury tax. This way of thinking doesn’t make sense because getting ASSETS requires going into the tax!

The Golden State Warriors brought in De’Angelo Russell because they knew they would lose the cap space after Durant left. That move eventually got them the 7th pick in the 2021 Draft. Kuminga wouldn’t be there if GSW didn’t stay in the tax.

If hypothetically a star wants to be traded to the Boston, the Celtics wouldn’t have the assets to trade for him. You can’t say to major free agents, ‘We will only spend once you sign here!’

We just trade dumped Theis & Thompson, then let Fournier walk to prevent paying the tax. Spending leads to winning, you don’t only spend after winning!

In regards to tickets sales, the Boston Celtics are one of the most supported sports franchises in the WORLD. The team hasn’t missed the playoffs in almost 15 years, that’s all extra income for ownership. Losing less then one season of tickets shouldn’t be an issue.

You need to understand the economics of the situation better. Cs are a major disadvantage to franchises in LA, SF and NYC. In any case, I wouldn't have paid up for EF either.

Our economics aren’t too bad.

https://www.forbes.com/teams/boston-celtics/?sh=62edfa90767b

We’re worth more and make more annual profit than the Clippers or the Nets, for instance.


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Re: Wyc’s flawed logic
« Reply #6 on: August 08, 2021, 07:10:07 PM »

Offline colincb

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It’s become evident for me that Wyc Grousbeck has recently hamstrung Danny Ainge and now Brad Stevens, in regards to our roster because he doesn’t want to go into the luxury tax. This way of thinking doesn’t make sense because getting ASSETS requires going into the tax!

The Golden State Warriors brought in De’Angelo Russell because they knew they would lose the cap space after Durant left. That move eventually got them the 7th pick in the 2021 Draft. Kuminga wouldn’t be there if GSW didn’t stay in the tax.

If hypothetically a star wants to be traded to the Boston, the Celtics wouldn’t have the assets to trade for him. You can’t say to major free agents, ‘We will only spend once you sign here!’

We just trade dumped Theis & Thompson, then let Fournier walk to prevent paying the tax. Spending leads to winning, you don’t only spend after winning!

In regards to tickets sales, the Boston Celtics are one of the most supported sports franchises in the WORLD. The team hasn’t missed the playoffs in almost 15 years, that’s all extra income for ownership. Losing less then one season of tickets shouldn’t be an issue.

You need to understand the economics of the situation better. Cs are a major disadvantage to franchises in LA, SF and NYC. In any case, I wouldn't have paid up for EF either.

Our economics aren’t too bad.

https://www.forbes.com/teams/boston-celtics/?sh=62edfa90767b

We’re worth more and make more annual profit than the Clippers or the Nets, for instance.

Forbes valuations are scientific wild-ass-guesses and the accounting estimates are the same. Annual operating profit isn't a good indication of the economics that these teams face.

Re: Wyc’s flawed logic
« Reply #7 on: August 08, 2021, 07:23:04 PM »

Offline Roy H.

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It’s become evident for me that Wyc Grousbeck has recently hamstrung Danny Ainge and now Brad Stevens, in regards to our roster because he doesn’t want to go into the luxury tax. This way of thinking doesn’t make sense because getting ASSETS requires going into the tax!

The Golden State Warriors brought in De’Angelo Russell because they knew they would lose the cap space after Durant left. That move eventually got them the 7th pick in the 2021 Draft. Kuminga wouldn’t be there if GSW didn’t stay in the tax.

If hypothetically a star wants to be traded to the Boston, the Celtics wouldn’t have the assets to trade for him. You can’t say to major free agents, ‘We will only spend once you sign here!’

We just trade dumped Theis & Thompson, then let Fournier walk to prevent paying the tax. Spending leads to winning, you don’t only spend after winning!

In regards to tickets sales, the Boston Celtics are one of the most supported sports franchises in the WORLD. The team hasn’t missed the playoffs in almost 15 years, that’s all extra income for ownership. Losing less then one season of tickets shouldn’t be an issue.

You need to understand the economics of the situation better. Cs are a major disadvantage to franchises in LA, SF and NYC. In any case, I wouldn't have paid up for EF either.

Our economics aren’t too bad.

https://www.forbes.com/teams/boston-celtics/?sh=62edfa90767b

We’re worth more and make more annual profit than the Clippers or the Nets, for instance.

Forbes valuations are scientific wild-ass-guesses and the accounting estimates are the same. Annual operating profit isn't a good indication of the economics that these teams face.

Spoken like somebody defending a cheap ownership group.

What numbers / evidence do you rely upon?


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Re: Wyc’s flawed logic
« Reply #8 on: August 08, 2021, 08:23:30 PM »

Online Surferdad

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It is obvious for me now that Wyc Grousbeck has hamstrung Ainge and now Stevens in regards to our roster because he didn’t want to go into the luxury tax. His way of thinking about spending with the franchise doesn’t make sense as getting ASSETS requires going into the tax!

The GSW ownership brought in De’Angelo Russell because they knew they would lose the cap space after Durant left. That move eventually got them the 7th pick in the 2021 Draft. Kuminga wouldn’t be there if GSW didn’t stay in the tax.

If hypothetically a star wants to be traded to the Boston, the Celtics wouldn’t have the assets to trade for him. You can’t say to major free agents, ‘We will only spend once you sign here!’

We just trade dumped Theis & Thompson, then let Fournier walk to prevent paying the tax. Spending leads to winning, you don’t only spend after winning!

In regards to tickets sales, the Boston Celtics are one of the most supported sports franchises in the WORLD. The team hasn’t missed the playoffs in almost 15 years, that’s all extra income for ownership. Losing less then one season of tickets shouldn’t be an issue.

You don't go into the luxury tax for Evan Fournier

They want to have open cap space for 2022

Fournier’s $20 million salary would help the Celtics trade for a star player such as Beal at the trade deadline.  It’s expensive, but the team can afford it and it is an asset.  It would be much more difficult to trade for an elite player without such an asset.  I think that’s the point.
Ah, but Smart’s contract, if he takes it, would do the same thing.  They didn’t need to sign Fournier.

Re: Wyc Grousbeck: Luxury Tax Allergic
« Reply #9 on: August 08, 2021, 09:05:04 PM »

Offline Ed Monix

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Let’s not also forget, it’s becoming evident that the Kemba trade was done because yes Stevens likes Horford but because Wyc wanted to fit under the tax.

It won’t become clear for a while but dumping that 16th pick because of Wyc lack of financial commitment could be a huge setback.

Who knows if the Celtics pick Sengun or Murphy III but those are prospects you don’t lump into a salary dump.
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Re: Wyc Grousbeck: Luxury Tax Allergic
« Reply #10 on: August 08, 2021, 09:12:54 PM »

Offline Moranis

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Spending on overpriced players doesn't lead to winning, it just leads to the Knicks for the last 50 years.
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Re: Wyc Grousbeck: Luxury Tax Allergic
« Reply #11 on: August 08, 2021, 09:13:13 PM »

Offline BudweiserCeltic

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Let’s not also forget, it’s becoming evident that the Kemba trade was done because yes Stevens likes Horford but because Wyc wanted to fit under the tax.

It won’t become clear for a while but dumping that 16th pick because of Wyc lack of financial commitment could be a huge setback.

Who knows if the Celtics pick Sengun or Murphy III but those are prospects you don’t lump into a salary dump.

We can agree on the premise of this thread, but bringing the Kemba trade into this is a massive stretch.

Re: Wyc Grousbeck: Luxury Tax Allergic
« Reply #12 on: August 08, 2021, 09:26:34 PM »

Offline Ed Monix

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Let’s not also forget, it’s becoming evident that the Kemba trade was done because yes Stevens likes Horford but because Wyc wanted to fit under the tax.

It won’t become clear for a while but dumping that 16th pick because of Wyc lack of financial commitment could be a huge setback.

Who knows if the Celtics pick Sengun or Murphy III but those are prospects you don’t lump into a salary dump.

We can agree on the premise of this thread, but bringing the Kemba trade into this is a massive stretch.

How is it a stretch?

We could have given away an elite prospect to dump one injury prone overpaid player (Kemba) for another injury prone overpaid player in Horford. Their contracts ended the same year, Horford’s is just a bit cheaper allowing the Celtics to sneak under the cap.

Fournier’s contract is also only 2 years as the third is a team option. If Wyc tells Stevens the tax is no issue, right now our team would be

Williams III
Tatum
Brown
Fournier
Smart

Walker
Theis
Prichard
Nesmith
Dunn
Williams
Sengun/Murphy

How is this team not better?


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Career highlight: 1973-74 championship, Boston Celtics

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Re: Wyc Grousbeck: Luxury Tax Allergic
« Reply #13 on: August 08, 2021, 09:48:06 PM »

Offline BudweiserCeltic

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Let’s not also forget, it’s becoming evident that the Kemba trade was done because yes Stevens likes Horford but because Wyc wanted to fit under the tax.

It won’t become clear for a while but dumping that 16th pick because of Wyc lack of financial commitment could be a huge setback.

Who knows if the Celtics pick Sengun or Murphy III but those are prospects you don’t lump into a salary dump.

We can agree on the premise of this thread, but bringing the Kemba trade into this is a massive stretch.

How is it a stretch?

We could have given away an elite prospect to dump one injury prone overpaid player (Kemba) for another injury prone overpaid player in Horford. Their contracts ended the same year, Horford’s is just a bit cheaper allowing the Celtics to sneak under the cap.

Fournier’s contract is also only 2 years as the third is a team option. If Wyc tells Stevens the tax is no issue, right now our team would be

Williams III
Tatum
Brown
Fournier
Smart

Walker
Theis
Prichard
Nesmith
Dunn
Williams
Sengun/Murphy

How is this team not better?

That there are some financial benefits to the trade doesn't mean that it was the driving force to move a player who underperformed and was universally seen as a player we needed to get "rid" of.

Kemba wasn't traded because of tax considerations. We didn't need to trade him to remain under the tax. Don't overplay your argument.

Re: Wyc Grousbeck: Luxury Tax Allergic
« Reply #14 on: August 08, 2021, 09:58:34 PM »

Offline Ed Monix

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Let’s not also forget, it’s becoming evident that the Kemba trade was done because yes Stevens likes Horford but because Wyc wanted to fit under the tax.

It won’t become clear for a while but dumping that 16th pick because of Wyc lack of financial commitment could be a huge setback.

Who knows if the Celtics pick Sengun or Murphy III but those are prospects you don’t lump into a salary dump.

We can agree on the premise of this thread, but bringing the Kemba trade into this is a massive stretch.

How is it a stretch?

We could have given away an elite prospect to dump one injury prone overpaid player (Kemba) for another injury prone overpaid player in Horford. Their contracts ended the same year, Horford’s is just a bit cheaper allowing the Celtics to sneak under the cap.

Fournier’s contract is also only 2 years as the third is a team option. If Wyc tells Stevens the tax is no issue, right now our team would be

Williams III
Tatum
Brown
Fournier
Smart

Walker
Theis
Prichard
Nesmith
Dunn
Williams
Sengun/Murphy

How is this team not better?

That there are some financial benefits to the trade doesn't mean that it was the driving force to move a player who underperformed and was universally seen as a player we needed to get "rid" of.

Kemba wasn't traded because of tax considerations. We didn't need to trade him to remain under the tax. Don't overplay your argument.

Haha

Yes we did, where are you getting your facts from?

“Brad Stevens moved Walker’s anchor of a contract, saving $9 million this season (yes, the one that just ended for Boston), but more importantly, Horford saves them $11.2 next season “
5' 10" former point guard

Career highlight: 1973-74 championship, Boston Celtics

Career lowlight: traded for a washing machine