This is great news...the deal's only 2 years, and at a fairly reasonable price...the drop in Ray and Paul's salaries now more than offsets the increase in Rondo's, which means we're more likely to look at trading Sheed for a midlevel guy and still using this year's MLE for a rotation guy or two, and we still are looking very flexible for the '12 offseason. Good salary juggling by Danny at the very least, and keeps us in the championship mix at the most.
And this means Ray will get to break the 3-pt record as a Celtic, it'll be nice to see that too.