Author Topic: How much money do we actually have to spend?  (Read 420 times)

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How much money do we actually have to spend?
« on: Today at 01:17:50 PM »

Online Roy H.

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Scenario #1:  We stay below the luxury tax

Status quo:  $13,269,820 spending room
If we cut Shulga and Banton:  $18,222,083
If we also trade Hauser for no incoming salary:  $29,070,298

Scenario #2:  We stay below the first apron

Status quo:  $21,269,820 spending room
If we cut Shulga and Banton:  $26,222,083
If we also trade Hauser for no incoming salary:  $37,070,298

Ways to spend money:

MLE = $15,048,000 million (estimated)
TPE = $27,678,571 million
TPE = $8,200,000
TPE = $4,721,429
Biannual exception = $5,478,000

First rounder (#27) = $2,997,360 (120% of rookie scale)

Bird rights:  Vucevic


I'M THE SILVERBACK GORILLA IN THIS MOTHER... AND DON'T NONE OF YA'LL EVER FORGET IT!

Re: How much money do we actually have to spend?
« Reply #1 on: Today at 01:21:25 PM »

Online lbgreen33

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Scenario #1:  We stay below the luxury tax

Status quo:  $13,269,820 spending room
If we cut Shulga and Banton:  $18,222,083
If we also trade Hauser for no incoming salary:  $29,070,298

Scenario #2:  We stay below the first apron

Status quo:  $21,269,820 spending room
If we cut Shulga and Banton:  $26,222,083
If we also trade Hauser for no incoming salary:  $37,070,298

Ways to spend money:

MLE = $15,048,000 million (estimated)
TPE = $27,678,571 million
TPE = $8,200,000
TPE = $4,721,429
Biannual exception = $5,478,000

First rounder (#27) = $2,997,360 (120% of rookie scale)

Bird rights:  Vucevic
Thanks Roy, this is helpful. This is the year we really Should move up in the draft!! There are a lot of good Point Guards to be had!!!

Re: How much money do we actually have to spend?
« Reply #2 on: Today at 01:32:48 PM »

Online lbgreen33

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Bye the way, I like Labaron Philon a lot!!  To me, when there is a player that good so close to our pick range, you make the move. We will see how tonight shakes out.

Re: How much money do we actually have to spend?
« Reply #3 on: Today at 02:21:24 PM »

Online celticinorlando

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I think Brad will have to stay below the lux tax for this season to reset everything. 2027 is the key offseason.

Re: How much money do we actually have to spend?
« Reply #4 on: Today at 02:31:52 PM »

Online Roy H.

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I think Brad will have to stay below the lux tax for this season to reset everything. 2027 is the key offseason.

It's certainly a goal, but I think sometimes the repeater tax gets a little overblown.  It's basically a dollar-for-dollar tax on amounts above the luxury tax line.  So, if we spent up to the first apron this season, we'd be $8 million above the luxury tax line, and the team would have to pay an extra $8 million than it would if it wasn't classified as a repeater.

An extra $8 million is annoying, but it isn't exactly crippling.
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Re: How much money do we actually have to spend?
« Reply #5 on: Today at 02:45:30 PM »

Online Celtics2021

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I think Brad will have to stay below the lux tax for this season to reset everything. 2027 is the key offseason.

It's certainly a goal, but I think sometimes the repeater tax gets a little overblown.  It's basically a dollar-for-dollar tax on amounts above the luxury tax line.  So, if we spent up to the first apron this season, we'd be $8 million above the luxury tax line, and the team would have to pay an extra $8 million than it would if it wasn't classified as a repeater.

An extra $8 million is annoying, but it isn't exactly crippling.

Further, the distance between the first apron and the tax is not that large.  I would not be surprised if the Celtics start the season a little over the tax and then trade 1-2 minimum salary expiring contracts of players out of the rotation to get back under, since then they can replace full-season minimums with ones prorated for about 1/3 of the season total salary.  The Celtics have a number of such players on the roster: Garza, Harper Jr., Walsh, Shulga, and Williams are all on minimum-salary expiring contracts.  (Queta is too but I excluded him for obvious reasons).  It seems likely that at least a couple will be on the outside of the rotation looking in, and could be moved for cash, be it incoming or outgoing.

And, if conditions warrant it, the Celtics could always spend more based on the situation near the deadline.