Author Topic: Danny Ainge on WEEI'S The Big Show Today @ 4pm  (Read 11103 times)

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Re: Danny Ainge on WEEI'S The Big Show Today @ 4pm
« Reply #60 on: June 23, 2010, 07:02:03 PM »

Offline Brendan

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I hope Danny has the green light on trading Rasheed.

Why would anyone want Sheed, who is retiring?

Instant cap relief. My concern is our owners are looking for some relief and payroll reduction themselves.

Yup. But Sheed would have to make his retirement official before we can utilize it probably.
Not true - they can use his pending retirement and possibly a buyout contingent on a trade to turn him into a vanishing contract - which is really useful to two types of teams - teams that want to shed some salary for FA purposes and teams that want to shed some salary for tax purposes.

How it works:

1. Sheed agrees to a 1-2 million buyout effective when he is traded.

2. Since the third year is a player option, the salary hit is spread over one year (not sure if he can exercise his option then take the buyout - which would help any team unless its more concerned with the 2011 cap)

3. Sheed's salary is $6,322,320 so the team could acquire a player making anywhere from 4.95 million to 8.0 million dollars. Hypothetically that could shave 5-6 million (depending on the buyout).

Let's say New York still had a bunch of solid draft picks - then BOS could send Scal and Sheed to NY and help them clear another 6 million in payroll. For a poorer team that just wants to get under the tax you could send the money for the buyout also - maybe NO and take back Okafor and Julian Wright.

Re: Danny Ainge on WEEI'S The Big Show Today @ 4pm
« Reply #61 on: June 23, 2010, 07:06:33 PM »

Offline Cman

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I hope Danny has the green light on trading Rasheed.

Why would anyone want Sheed, who is retiring?

Instant cap relief. My concern is our owners are looking for some relief and payroll reduction themselves.

Yup. But Sheed would have to make his retirement official before we can utilize it probably.
Not true - they can use his pending retirement and possibly a buyout contingent on a trade to turn him into a vanishing contract - which is really useful to two types of teams - teams that want to shed some salary for FA purposes and teams that want to shed some salary for tax purposes.

How it works:

1. Sheed agrees to a 1-2 million buyout effective when he is traded.

2. Since the third year is a player option, the salary hit is spread over one year (not sure if he can exercise his option then take the buyout - which would help any team unless its more concerned with the 2011 cap)

3. Sheed's salary is $6,322,320 so the team could acquire a player making anywhere from 4.95 million to 8.0 million dollars. Hypothetically that could shave 5-6 million (depending on the buyout).

Let's say New York still had a bunch of solid draft picks - then BOS could send Scal and Sheed to NY and help them clear another 6 million in payroll. For a poorer team that just wants to get under the tax you could send the money for the buyout also - maybe NO and take back Okafor and Julian Wright.

I think your 1-3 are correct, but the last paragraph is faulty in that the Cs cannot trade Scal since he is a pending FA.
Celtics fan for life.

Re: Danny Ainge on WEEI'S The Big Show Today @ 4pm
« Reply #62 on: June 23, 2010, 08:27:23 PM »

Offline boscel33

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Talking about Erden. Says he is progressing and could definitely fight for a spot on the team next year and maybe get minutes.

I was curious about Erden the other day, so I looked him up.  He had a pretty decent year helpng Fabernece (sp) to the title.  Maybe this guy wasn't such a long shot!
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Re: Danny Ainge on WEEI'S The Big Show Today @ 4pm
« Reply #63 on: June 23, 2010, 08:42:24 PM »

Offline Brendan

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Not true - they can use his pending retirement and possibly a buyout contingent on a trade to turn him into a vanishing contract - which is really useful to two types of teams - teams that want to shed some salary for FA purposes and teams that want to shed some salary for tax purposes.

How it works:

1. Sheed agrees to a 1-2 million buyout effective when he is traded.

2. Since the third year is a player option, the salary hit is spread over one year (not sure if he can exercise his option then take the buyout - which would help any team unless its more concerned with the 2011 cap)

3. Sheed's salary is $6,322,320 so the team could acquire a player making anywhere from 4.95 million to 8.0 million dollars. Hypothetically that could shave 5-6 million (depending on the buyout).

Let's say New York still had a bunch of solid draft picks - then BOS could send Scal and Sheed to NY and help them clear another 6 million in payroll. For a poorer team that just wants to get under the tax you could send the money for the buyout also - maybe NO and take back Okafor and Julian Wright.

I think your 1-3 are correct, but the last paragraph is faulty in that the Cs cannot trade Scal since he is a pending FA.
Sorry - meant S&T Scal on a one year.

Re: Danny Ainge on WEEI'S The Big Show Today @ 4pm
« Reply #64 on: June 23, 2010, 10:03:57 PM »

Offline LooseCannon

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Not true - they can use his pending retirement and possibly a buyout contingent on a trade to turn him into a vanishing contract - which is really useful to two types of teams - teams that want to shed some salary for FA purposes and teams that want to shed some salary for tax purposes.

So, what is the list of teams that fit these two categories?
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Re: Danny Ainge on WEEI'S The Big Show Today @ 4pm
« Reply #65 on: June 23, 2010, 10:07:41 PM »

Offline Brendan

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Not true - they can use his pending retirement and possibly a buyout contingent on a trade to turn him into a vanishing contract - which is really useful to two types of teams - teams that want to shed some salary for FA purposes and teams that want to shed some salary for tax purposes.

So, what is the list of teams that fit these two categories?
The teams that would want cap space - NJ, MIA, NYK to name a few.

The teams that would want luxury relief - a lot more. Getting under the TAX is huge money - you don't pay the tax, plus you get a tax dividend from teams that do. This doesn't have to happen until later btw - so you might wait until a team starts struggling and decides to blow things up and then make the trade.

Re: Danny Ainge on WEEI'S The Big Show Today @ 4pm
« Reply #66 on: June 23, 2010, 10:36:10 PM »

Offline guava_wrench

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It really annoys me when sports people say incredibly stupid things like the host before Ainge was interviewed.

He made an incredibly dumb comment about Lebron going elsewhere but him want Clev to get something in return, thus a sign and trade. Idiot! That is never why players do sign and trades. They do sign and trades for 2 reasons:

1) Get a bigger and longer max salary
2) Go to a team without cap space

How can someone whose full time job is sports radio entertain such incredibly dumb ideas?