Author Topic: 28 million in expiring contracts.  (Read 3957 times)

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28 million in expiring contracts.
« on: May 26, 2009, 06:37:34 PM »

Offline LarBrd33

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Am I right when I say that we have around 28 million in expiring contracts if you combine Ray (18.7 mil) with Scal (3.4), Tony (2.5), Eddie (2.6), Pruitt+Walker (1.4)? 

Am I missing something?


Question...   with the "Summer of 2010 coming up", how valuable does 28 million in expiring contracts become?  Think from the perspective of other teams.... what kind of salaries are you wanting to dump?  What combo of players are realistically in play? 

Okafor + Wallace?
Jamison + arenas?
Redd + Jefferson?
Baron + Kaman?

Discuss.

Bonus Question:  Which of these teams are in such a dreadful situation that they'd also be willing to buy out Ray Allen?

Thanks

Re: 28 million in expiring contracts.
« Reply #1 on: May 26, 2009, 06:55:19 PM »

Offline KCattheStripe

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Bonus Question:  Which of these teams are in such a dreadful situation that they'd also be willing to buy out Ray Allen?

Thanks

Clips, and then the rest of the NBA hates us. Also, there is no way any of these teams does this.

Re: 28 million in expiring contracts.
« Reply #2 on: May 26, 2009, 06:57:06 PM »

Offline greg683x

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I think you posted something similar in Nicks thread, I just responded to that and his trade proposal as well.

I think the 29 million in expiring deals is misleading b/c you have to factor in the money you want to set aside for Rondos extension, Perks extension.

also, like I said in the other thread, Wyc was quoted as saying there is a max contract available on the team, but I dont know if he was just talking out of his you know what or if he actually figured Rondos new deal and also Perk's raise down the road as well.  The more and more of these threads I read and the more I thnk about it, Im pretty excited to see what we might do this summer.  My gut though says we wont make much noise at all.
Greg

Re: 28 million in expiring contracts.
« Reply #3 on: May 26, 2009, 07:04:41 PM »

Offline LarBrd33

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I think you posted something similar in Nicks thread, I just responded to that and his trade proposal as well.

I think the 29 million in expiring deals is misleading b/c you have to factor in the money you want to set aside for Rondos extension, Perks extension.

also, like I said in the other thread, Wyc was quoted as saying there is a max contract available on the team, but I dont know if he was just talking out of his you know what or if he actually figured Rondos new deal and also Perk's raise down the road as well.  The more and more of these threads I read and the more I thnk about it, Im pretty excited to see what we might do this summer.  My gut though says we wont make much noise at all.

Rondo and Perk's extension has nothing to do with 28 million in expiring contracts...

Don't get it confused.  I'm not saying we'd be able to use it to sign a free agent.  I'm saying that since we have a combined 28 million in expiring contracts that makes us a VERY attractive trade partner to anyone who is looking to free up cap room in 2010.   Example:  Clippers.  Between Randolph (17), Kaman (12) and Davis (14) they have 44 million in their cap tied up until at least 2011.    Obviously if they could dump a couple of those guys for 28 million in EXPIRING contracts... that means they have money to play with in the 2010 free agent class. 

There are a LOT of teams in that situation theoretically.  Especially considering the economy and the fact that teams like the Bobcats are supposedly losing 20 million dollars a year.   

Re: 28 million in expiring contracts.
« Reply #4 on: May 26, 2009, 07:06:00 PM »

Offline crownsy

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I think you posted something similar in Nicks thread, I just responded to that and his trade proposal as well.

I think the 29 million in expiring deals is misleading b/c you have to factor in the money you want to set aside for Rondos extension, Perks extension.

also, like I said in the other thread, Wyc was quoted as saying there is a max contract available on the team, but I dont know if he was just talking out of his you know what or if he actually figured Rondos new deal and also Perk's raise down the road as well.  The more and more of these threads I read and the more I thnk about it, Im pretty excited to see what we might do this summer.  My gut though says we wont make much noise at all.

Rondo and Perk's extension has nothing to do with 28 million in expiring contracts...

Don't get it confused.  I'm not saying we'd be able to use it to sign a free agent.  I'm saying that since we have a combined 28 million in expiring contracts that makes us a VERY attractive trade partner to anyone who is looking to free up cap room in 2010.   Example:  Clippers.  Between Randolph (17), Kaman (12) and Davis (14) they have 44 million in their cap tied up until at least 2011.    Obviously if they could dump a couple of those guys for 28 million in EXPIRING contracts... that means they have money to play with in the 2010 free agent class. 

There are a LOT of teams in that situation theoretically.  Especially considering the economy and the fact that teams like the Bobcats are supposedly losing 20 million dollars a year.   

It has something to do with the extensions if there is a cap that wyc has danny under with the lux. tax that we don't know about.

But otherwise i agree, it is interesting food for thought.
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Re: 28 million in expiring contracts.
« Reply #5 on: May 26, 2009, 07:08:08 PM »

Offline LarBrd33

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I think you posted something similar in Nicks thread, I just responded to that and his trade proposal as well.

I think the 29 million in expiring deals is misleading b/c you have to factor in the money you want to set aside for Rondos extension, Perks extension.

also, like I said in the other thread, Wyc was quoted as saying there is a max contract available on the team, but I dont know if he was just talking out of his you know what or if he actually figured Rondos new deal and also Perk's raise down the road as well.  The more and more of these threads I read and the more I thnk about it, Im pretty excited to see what we might do this summer.  My gut though says we wont make much noise at all.

Rondo and Perk's extension has nothing to do with 28 million in expiring contracts...

Don't get it confused.  I'm not saying we'd be able to use it to sign a free agent.  I'm saying that since we have a combined 28 million in expiring contracts that makes us a VERY attractive trade partner to anyone who is looking to free up cap room in 2010.   Example:  Clippers.  Between Randolph (17), Kaman (12) and Davis (14) they have 44 million in their cap tied up until at least 2011.    Obviously if they could dump a couple of those guys for 28 million in EXPIRING contracts... that means they have money to play with in the 2010 free agent class. 

There are a LOT of teams in that situation theoretically.  Especially considering the economy and the fact that teams like the Bobcats are supposedly losing 20 million dollars a year.   

It has something to do with the extensions if there is a cap that wyc has danny under with the lux. tax that we don't know about.

But otherwise i agree, it is interesting food for thought.

Right.  If they are afraid of paying the luxury tax then sure... I get it.   But the point is there is potentially a big opportunity to turn Ray Allen + crap into two younger allstars.

If Mark Cuban (someone with unlimited funds) ran this team he'd trade Ray Allen + crap for two younger allstars... wait for the next team to buy out Ray.  Sign Ray back.  Use the full MLE to sign someone like Rasheed.  Use the full LLE to sign someone else like Grant Hill.  Still be able to sign Rondo to a max extension...

Nothing in the rules prevents this.  The only thing that prevents this is a fear of the luxury tax.

Re: 28 million in expiring contracts.
« Reply #6 on: May 26, 2009, 07:15:04 PM »

Offline greg683x

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Nothing in the rules prevents this but after seeing as tight as Danny was with the checkbook last offseason, I dont understand the notion that somehow this summer the luxury tax wont matter.  If the luxury tax does matter, which judging by the past it does, then Rondo and Perks extensions do figure into the equation and we dont have as much money to throw around as it may seem.
Greg

Re: 28 million in expiring contracts.
« Reply #7 on: May 26, 2009, 07:30:57 PM »

Offline nickagneta

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Who, the poster, said this in another thread but if Ray does go it is probably most advantageous that we get back at least one player that is also expiring for some money because then that money, when that contracts expires could be used, along with whatever other expiring contracts we still have, to sign Rondo. Then the year after both Paul and Perk can be extended with the cut in Pierce's salary from his contract expiring going to give Perk his raise when his contract expires.

That is why I included Raja Bell in my Ray to Charlotte scenario because his $5 million expiring could then be given to Rondo. I do think that trading Ray has it's possible long term advantages but it has it's disadvantages as well if you disregard completely the extensions of Perk and Rondo. Saying Rondo's and Perk's contracts are irrelevant isn't the best way to handle things because it could mean losing them because their extensions would put the C's well over some budget limit that Wyc and the ownership group has set.

Re: 28 million in expiring contracts.
« Reply #8 on: May 26, 2009, 10:02:13 PM »

Offline MetroGlobe

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Isn't Perk playing in the 1st year of his extension right now?  He's locked up for 4 more years, isn't he?

Re: 28 million in expiring contracts.
« Reply #9 on: May 26, 2009, 10:48:06 PM »

Offline LarBrd33

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Who, the poster, said this in another thread but if Ray does go it is probably most advantageous that we get back at least one player that is also expiring for some money because then that money, when that contracts expires could be used, along with whatever other expiring contracts we still have, to sign Rondo. Then the year after both Paul and Perk can be extended with the cut in Pierce's salary from his contract expiring going to give Perk his raise when his contract expires.

That is why I included Raja Bell in my Ray to Charlotte scenario because his $5 million expiring could then be given to Rondo. I do think that trading Ray has it's possible long term advantages but it has it's disadvantages as well if you disregard completely the extensions of Perk and Rondo. Saying Rondo's and Perk's contracts are irrelevant isn't the best way to handle things because it could mean losing them because their extensions would put the C's well over some budget limit that Wyc and the ownership group has set.

When you're talking about giving Raja's 5 million to Rondo are you just talking about some imaginary number that Wyc theoretically will not go over or something?  Not following you.  You do realize that regardless if we are 20 million under the cap or 50 million over the cap we can still give Rondo the same amount of money, right?

Re: 28 million in expiring contracts.
« Reply #10 on: May 27, 2009, 05:44:41 AM »

Offline nickagneta

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Who, the poster, said this in another thread but if Ray does go it is probably most advantageous that we get back at least one player that is also expiring for some money because then that money, when that contracts expires could be used, along with whatever other expiring contracts we still have, to sign Rondo. Then the year after both Paul and Perk can be extended with the cut in Pierce's salary from his contract expiring going to give Perk his raise when his contract expires.

That is why I included Raja Bell in my Ray to Charlotte scenario because his $5 million expiring could then be given to Rondo. I do think that trading Ray has it's possible long term advantages but it has it's disadvantages as well if you disregard completely the extensions of Perk and Rondo. Saying Rondo's and Perk's contracts are irrelevant isn't the best way to handle things because it could mean losing them because their extensions would put the C's well over some budget limit that Wyc and the ownership group has set.

When you're talking about giving Raja's 5 million to Rondo are you just talking about some imaginary number that Wyc theoretically will not go over or something?  Not following you.  You do realize that regardless if we are 20 million under the cap or 50 million over the cap we can still give Rondo the same amount of money, right?
Yes, because on an interview on Celtics Now, Wyc said that there was a limit that they would spend to and then that was that. So indeed, that $5 million would go to Rondo to stay under that, as yet undisclosed budget limit that Wyc spoke about.

Re: 28 million in expiring contracts.
« Reply #11 on: May 27, 2009, 07:05:22 AM »

Offline Tnerb02

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Isn't Perk playing in the 1st year of his extension right now?  He's locked up for 4 more years, isn't he?
No, Perk just finished the second year of his extension. He is only locked up for two more seasons.

Re: 28 million in expiring contracts.
« Reply #12 on: May 27, 2009, 07:55:49 AM »

Offline CoachBo

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Which is why I suspect the disaster that was last summer was produced by equal parts tight-fisted budget and Danny's string of personnel mistakes.
Coined the CelticsBlog term, "Euromistake."