So I've had the time to go through our roster and the new cap now, and the C's are arguably still a bit short of room for the $5 million TPMLE and staying under the second apron. They technically but they are faced with some imperfect choices.
The general assumption has been that the Celtics will do the following:
1) Release Champagnie
2) Release (and maybe resign) Kornet
3) Sign Walsh to the rookie minimum
4) Sign Davison to the minimum
5) Sign two vets to 1-year minimum deals (maybe including Kornet as mentioned above)
6) Use the $5 million TPMLE
7) Go through the season with 14 players on the roster
Unfortunately, that series of roster choices leave the Celtics over the second apron (by an amount less than we've still got on the books for Demetrius Jackson, but that's another story).
So that means the Celtics will have to do at least one of the following to get access to the TPMLE:
1) Keep Champagnie (because his deal was signed last year, his minimum is less than the free agent minimum)
2) Sign someone to less than the full TPMLE -- possible, but we're already going to have a tough time competing in free agency with just $5 million, and even slicing off $80k wouldn't be great
3) Forego signing either Davison or a second vet and instead sign either Begarin or Madar
All this assumes that the salary cap does rise a full 10% this year -- the NBA hasn't committed to that yet, as the estimated number last week fell slightly short of the max, which would cause us to lose another ~$300k in space. (Meaning that #1 is no longer an option and #2 makes us that less competitive).
Accordingly, I think we've got one more trade coming, excluding any sign-and-trade options involving Grant. Alternatively we will eschew the second apron this year and keep Grant, since that also permits us to have a better deep bench (one more player, and also presumably an upgrade over Champagnie).
Can you show me where I've gone wrong with the math here?
$173,274,420 in current salaries and dead cap
-Kornet ($2,413,304)
-Champagnie ($1,927,896)
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$168,933,220 for 9 players
+$5,000,000 MLE
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$173,933,220 for 10 players
+ JD Davidson ($1,801,491)
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$175,734,711 (11 players)
+ Jordan Walsh ($1,102,929?)
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$176,837,640 (12 players)
+ two vet minimums ($2,019,395 x 2)
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$180,876,430 (14 players)
Second apron: $182,500,000 estimated
Room under second apron: $1,623,570