Grousbeck: We can offer a 'max contract' next year

[crownsy]

there has to be a way for Paul to opt out of his deal and make up the difference across a multi-year deal (even if it stretches out 5-6 years)

Based on the rough numbers (which are always subject to change), the most Pierce could make would be around $6 million in the first year of his contract.

The max deal we could offer would be:

Year 1: $6 million
Year 2: $6.63 million
Year 3: $7.26 million
Year 4: $7.89 million
Year 5: $8.52 million
Year 6: $9.15 million

In other words, he could sign a six year, $45.45 million contract.

If he simply plays for his option amount, he'd make $21,513,521 in one season.  That means that over the next five years of the deal, he'd only be making $23.93 million, or roughly $4.8 million per season.

In other words, I don't think there's much of a way to make the deal financially beneficial for Pierce.

do you really think he'll get a deal for more than $23 after his deal expires?

I don't know if I'd offer him much more than the MLE for 3 years given his age

i know this discussion is conjecture, but dialing down to dollars and cents becomes beside the point. would paul sacrifice some money and the spotlight to have a better chance at winning? gotta know the answer to that before this can be meaningful. my guess based on wyc's comments is it's at least been raised.

my guess is the fact that a trade of PP has been raised internaly, rather than coluding with the player a year before his option being the reason for the statement.

[Roy Hobbs]

do you really think he'll get a deal for more than $23 after his deal expires?

I don't know if I'd offer him much more than the MLE for 3 years given his age

Pierce is only 31, and is coming off of an All-NBA selection.  I absolutely think he'll earn another $23 million in his career beyond next season.  Heck, that's only $3 million more than a soon-to-be 34 year old Ray Allen is making next season, and less than $2 million more than a 35 year old KG will be making in 2012.

[Jeff]

the point isn't to get PP to take less money - it is to restructure his deal (as it were) to lock him in for an extension, netting him more money over the long term and giving us flexibility in the short term

it depends on what he thinks his value is after the end of his current contract, but I would think he'd be open to such talks if it meant getting a couple more banners

[ssspence]

there has to be a way for Paul to opt out of his deal and make up the difference across a multi-year deal (even if it stretches out 5-6 years)

Based on the rough numbers (which are always subject to change), the most Pierce could make would be around $6 million in the first year of his contract.

The max deal we could offer would be:

Year 1: $6 million
Year 2: $6.63 million
Year 3: $7.26 million
Year 4: $7.89 million
Year 5: $8.52 million
Year 6: $9.15 million

In other words, he could sign a six year, $45.45 million contract.

If he simply plays for his option amount, he'd make $21,513,521 in one season.  That means that over the next five years of the deal, he'd only be making $23.93 million, or roughly $4.8 million per season.

In other words, I don't think there's much of a way to make the deal financially beneficial for Pierce.

do you really think he'll get a deal for more than $23 after his deal expires?

I don't know if I'd offer him much more than the MLE for 3 years given his age

i know this discussion is conjecture, but dialing down to dollars and cents becomes beside the point. would paul sacrifice some money and the spotlight to have a better chance at winning? gotta know the answer to that before this can be meaningful. my guess based on wyc's comments is it's at least been raised.

my guess is the fact that a trade of PP has been raised internaly, rather than coluding with the player a year before his option being the reason for the statement.

coluding with the player is hardly far-fetched. it's a lot more realistic than the Cs trading pierce this year.

[ssspence]

the point isn't to get PP to take less money - it is to restructure his deal (as it were) to lock him in for an extension, netting him more money over the long term and giving us flexibility in the short term

it depends on what he thinks his value is after the end of his current contract, but I would think he'd be open to such talks if it meant getting a couple more banners

sorry, my point was not really 'less money', more like -- less right now, could be less depnding on what he may or may not sign the following year -- making a sacrifice now for the chance to win.

[Roy Hobbs]

the point isn't to get PP to take less money - it is to restructure his deal (as it were) to lock him in for an extension, netting him more money over the long term and giving us flexibility in the short term

it depends on what he thinks his value is after the end of his current contract, but I would think he'd be open to such talks if it meant getting a couple more banners

I just don't see how Pierce's agent would conclude that his future market value over the next five years (following next year) is less than $23 million or so. 

[Jeff]

do you really think he'll get a deal for more than $23 after his deal expires?

I don't know if I'd offer him much more than the MLE for 3 years given his age

Pierce is only 31, and is coming off of an All-NBA selection.  I absolutely think he'll earn another $23 million in his career beyond next season.  Heck, that's only $3 million more than a soon-to-be 34 year old Ray Allen is making next season, and less than $2 million more than a 35 year old KG will be making in 2012.

Ray's deal was signed when he was much younger and KG's deal was back-loaded to give us cap flexibility now

I don't think a 32 year old free agent has that kind of pricetag, but hey, I could be wrong

[Jeff]

well, there is Baron Davis and Elton Brand (2 years younger than Pierce, but still) 

never mind

[Roy Hobbs]

well, there is Baron Davis and Elton Brand (2 years younger than Pierce, but still) 

never mind

Another example:  Antwan Jamison.  He's the same age as Pierce, and just signed for four years, $60 million.

[Tradetime]

According to Celtics co-owner Wyc Grousbeck, they will have the financial flexibility to offer someone a full max contract next summer. Speaking with “Dale & Holley” Monday, Grousbeck did not give specifics, but he reiterated this fact by saying “there is a situation under which we could do that.” Several high-profile players who would command a max contract are currently set to become free agents in 2010, including LeBron James, Dwayne Wade, Amare Stoudemire, Dirk Nowitzki, and Chris Bosh. For more Celtics' updates, check out our basketball blog, "Green Street."

WEEI.com

I'm probably misreading the quote, but Wyc could be referring to Rondo when he says "offer someone a full max contract next summer." That would be one situation feasible under the CBA wouldn't it? It seems like WEEI, or who ever reported this, just assumed he was talking about the free agents.

I personally would rather offer a max contract to the likes of Nowitzki, Bosh or Wade before offering a max to Rondo, whom I feel is worth about 8-10 mil.

[indeedproceed]

According to Celtics co-owner Wyc Grousbeck, they will have the financial flexibility to offer someone a full max contract next summer. Speaking with “Dale & Holley” Monday, Grousbeck did not give specifics, but he reiterated this fact by saying “there is a situation under which we could do that.” Several high-profile players who would command a max contract are currently set to become free agents in 2010, including LeBron James, Dwayne Wade, Amare Stoudemire, Dirk Nowitzki, and Chris Bosh. For more Celtics' updates, check out our basketball blog, "Green Street."

WEEI.com

I'm probably misreading the quote, but Wyc could be referring to Rondo when he says "offer someone a full max contract next summer." That would be one situation feasible under the CBA wouldn't it? It seems like WEEI, or who ever reported this, just assumed he was talking about the free agents.

I personally would rather offer a max contract to the likes of Nowitzki, Bosh or Wade before offering a max to Rondo, whom I feel is worth about 8-10 mil.

I don't think we're in the running for Dirk, Wade, or Bosh. Dirk loves Dallas, its the only place he's ever known over here, Bosh would be redundant with KG still under contract, and Wade will not leave Miami for Boston, if he ever left Miami. Aim lower, or look at trades.

[Tradetime]

According to Celtics co-owner Wyc Grousbeck, they will have the financial flexibility to offer someone a full max contract next summer. Speaking with “Dale & Holley” Monday, Grousbeck did not give specifics, but he reiterated this fact by saying “there is a situation under which we could do that.” Several high-profile players who would command a max contract are currently set to become free agents in 2010, including LeBron James, Dwayne Wade, Amare Stoudemire, Dirk Nowitzki, and Chris Bosh. For more Celtics' updates, check out our basketball blog, "Green Street."

WEEI.com

I'm probably misreading the quote, but Wyc could be referring to Rondo when he says "offer someone a full max contract next summer." That would be one situation feasible under the CBA wouldn't it? It seems like WEEI, or who ever reported this, just assumed he was talking about the free agents.

I personally would rather offer a max contract to the likes of Nowitzki, Bosh or Wade before offering a max to Rondo, whom I feel is worth about 8-10 mil.

I don't think we're in the running for Dirk, Wade, or Bosh. Dirk loves Dallas, its the only place he's ever known over here, Bosh would be redundant with KG still under contract, and Wade will not leave Miami for Boston, if he ever left Miami. Aim lower, or look at trades.

Well, the other major FA's available next year are Nash, Josh Howard, Amare (whom I believe we are making a play for right now) Michael Redd (who will more than likely take his 18.3 mil and stay in Milwaukee to be paid, already once having the opportunity to leave and go play with Lebron and deciding to take his max contract instead), Boozer, who is a walking injury, Etc.

Who do you think we are 'targeting' if not those original three mentioned? Yao Ming? Lebron? I guess if we do complete the trade for Amare, we will certainly re-up him for awhile.

[rondohondo]

What is Wyc talking about? He contradicts himself by saying the Celtics had the best starting 5 going 27-2 at the beginning of last year ,but then he says " There is a scenario where we could offer a max contact next year. The only way the Celtics could offer a Max contract next year to a free agent is if they trade Rondo for a high draft pick, which breaks up the starting lineup that started 27-2 last year

But anyways here is the scenario in which Celtics could offer a Free Agent Max Money next year .

1. Trade Rondo for a high draft pick

Say it something like

Bos Sends: Rondo

Sac Sends: Thompson + #4 Pick

With the 4th pick the Celtics draft Rubio

Because Rondo is do an extention next year of probably around 10 MIL , it would save them about 5 MIL in cap space by having the # 4 Pick ( 3.5 MIL) and Thompson(2.1 MIL)

5 MIL off 2010 Cap


2. The Celtics restructure Paul Pierce's contract

Like the Celtics did with KG last year they would give Paul Pierce a 4 year contract extension with the 1st year of the contact starting at 15 MIL a season.

6 MIL off Cap

3. This offseason the Celtics don't sign any FA to a contact longer than 1 year.


The Celtics will not be able to sign any player for more than 1 year this off-season or else they won't have the Cap Space in 2010 to sign a max player


Players under contract for 2010-11 Season

   KG       = 18.8 MIL
   PP       = 15   MIL
   Perk     = 4.3 MIL
   # 4       =3.5 MIL
Thompson = 2.1 MIL

   Total    = 43.7 MIL

That means the Celtics would have about 15-18 MIL in cap space


So while they likely wouldn't be in the running for Lebron or Wade. They could be in the running for

Stoudamire
Bosh
Joe Johnson
Manu Ginobili
Rip Hamilton
Yao Ming
Dirk Nowitzki

[winsomme]

What is Wyc talking about? He contradicts himself by saying the Celtics had the best starting 5 going 27-2 at the beginning of last year ,but then he says " There is a scenario where we could offer a max contact next year. The only way the Celtics could offer a Max contract next year to a free agent is if they trade Rondo for a high draft pick, which breaks up the starting lineup that started 27-2 last year

But anyways here is the scenario in which Celtics could offer a Free Agent Max Money next year .

1. Trade Rondo for a high draft pick

Say it something like

Bos Sends: Rondo

Sac Sends: Thompson + #4 Pick

With the 4th pick the Celtics draft Rubio

Because Rondo is do an extention next year of probably around 10 MIL , it would save them about 5 MIL in cap space by having the # 4 Pick ( 3.5 MIL) and Thompson(2.1 MIL)

5 MIL off 2010 Cap


2. The Celtics restructure Paul Pierce's contract

Like the Celtics did with KG last year they would give Paul Pierce a 4 year contract extension with the 1st year of the contact starting at 15 MIL a season.

6 MIL off Cap

3. This offseason the Celtics don't sign any FA to a contact longer than 1 year.


The Celtics will not be able to sign any player for more than 1 year this off-season or else they won't have the Cap Space in 2010 to sign a max player


Players under contract for 2010-11 Season

   KG       = 18.8 MIL
   PP       = 15   MIL
   Perk     = 4.3 MIL
Thompson = 2.1 MIL

   Total    = 40.2 MIL

That means the Celtics would have about 18-20 MIL in cap space


So while they likely wouldn't be in the running for Lebron or Wade. They could be in the running for

Stoudamire
Bosh
Joe Johnson
Manu Ginobili
Rip Hamilton
Yao Ming
Dirk Nowitzki

what about the #4 pick....that's another 4 mill too...

[Donoghus]

You need to account for the #4 pick's salary in your overall computation. So you'd have 5 guys signed in 2010-11.

Other than that, TP for the effort.