We aren't going to trade Sheed. He's retiring and we'll get roughly 3 mil off the books for the next two seasons. It gives us a little cap flexibility to sign a player or two. Plus we can use all of or split up the MLE.
The team would save $6.2 mil this year and $6.9 mil next year (and probably more with luxury tax payments factored in). But like RJ said, the Cs don't get any extra money to spend strictly due to his retirement because they're still over the cap. They still have only the MLE and minimum contracts to get other teams' free agents (used the biannual exception on Marquis Daniels last year so it's not available this year), plus Bird rights on their own players.
There is a possibility I suppose that the NBA could give the Celtics an extra MLE. Last year, the NBA gave Houston an extra MLE as a result of Yao's season (and potentially career) ending injury; that's what they used to sign Ariza. However, I'm not sure if that extra exception applies only in the case of injuries to players still under contract (i.e., if the Celtics still had to pay Wallace). So I don't think the Celtics would qualify for one.
i think we need to give miami a little more than sheed for beasley ... like a future 1st as well. I would do it in a heart beat.
I don't think we would need to give them anything else; Miami wants that cap space and will likely give Beasley away if they don't take back salary.
Has Emeka Okafor been mentioned yet? His contract is way too long, but NO would ditch him in a heartbeat for Sheed's expiring deal, yes? No?
We could do much worse than have a 28 year old center who is solid on defense. Clifford Ray could polish up his post moves and rebounding skills.
I do think the kid could be an adequate starting center, but at $53 million over the next four years? I just think that's too crippling a contract. And you're essentially guaranteeing you're not keeping Perk for the future since you can't pay Okafor that money to be a backup and Perk is gonna want a starter's job and money (which he's earned). Bottom line is bad contracts are never something a team should acquire, especially since New Orleans' sweetener would have to be Collison, who would still be a backup here. And Okafor's contract is truly terrible.
Not to slam the idea, though, it's a good thought in that that's the kind of thing the Celtics are probably gonna have to look at - a guy a team doesn't want for one reason or another. That's just too much money. And I really think it has to be a big man. The Celtics have Bird rights on some perimeter players, and there will be perimeter reserves available in free agency with MLE money. But the list of available big men is small, and the Cs have none in the fold so if they decide to trade Sheed's contract, it should be to get a center back to pick up the 48 minutes we're missing early this year with Perk likely out for a while and maybe never catching full up to speed, and Sheed gone.
I'd like to see if Portland, having Camby and Oden in the fold for the foreseeable future, would be willing to give us Przybilla. He's only got one year left at about the same money. And Sheed could retire with the team that drafted him (even though that team's fans despise him). Or Portland can have that contract to parlay into something else.