I assume this means the Fournier TPE and the Tax Payer exemption for starters.
Jared Weiss @JaredWeissNBA now
Brad Stevens says ownership has given him the "Okay to do whatever we need to do."
I suspect that this is GM speak. I'd be shocked if Wyc gave Brad an unlimited (or very minimally restricted) budget. But, I'm happy to be proven wrong.
It is impossible for ownership to give Stevens an unlimited budget under the CBA.
Otherwise, despite your reservations, this is very good news.
Unlimited = let Brad spend as much as permitted under the CBA
That would include the Fournier TPE ($17.1 million); the Schroder TPE ($5.89 million); the Taxpayer MLE ($6.34 million); allowing Brad to make trades that bring back 125% + $100k of outgoing salary; and signing veterans to the minimum
Let's say that adds $33 million in salary. Our current cap situation is reportedly about $7 million above the tax. So, let's call it $40 million, not subject to the repeated tax.
The first $20 million of that would add $44.75 million in tax.
Spending $25 million above the tax would be $44.75 million + $18.75 million = $63.5 million
$30 million above the tax would be $63.5 million + $21.25 million = $84.75 million
$35 million above the tax would be $84.75 million + $23.75 million = $108.5 million
$40 million above the tax would be $108.5 million + $26.25 million = $134.75 million
So, assuming a tax line of around $149 million, we'd spend $40 million beyond that in salaries, reaching $189 million. We'd add roughly $135 million in tax.
That would put the team's expenditures at about $324 million.
Do you think Wyc has authorized a budget of $324 million? If not, then Brad isn't telling the entire truth.