To Boston: Rudy Fernandez and James Posey
To New Orleans: Rasheed Wallace's expiring and a 2nd rounder from Boston
To Portland: Quincy Poindexter
IMO, this deal makes sense for all parties. While Posey is overpaid, he has a two year deal and him/Fernandez really solidify the bench SF/SG positions.
New Orleans gets cap relief at the cost of Poindexter
Portland gets the local athlete.
Not a terrible idea, but...
Posey is absolutely cooked as an offensive contributor. I know that's not why you deal for him, but he is utterly awful at the offensive end (36.5% from the field, 33.5% from three, PER of 8.73 (!)).
His defense has also fallen off. He allowed opposing SGs to rack up a PER of 18.3 and opposing SFs had PERs of 17.0.
(I don't know why they used him at SG but they did, though it was for minimal minutes, probably based on matchups).
As a comparison, with Boston in 08, Posey held opposing SFs to a PER of 13.1 (and opposing PFs to a PER of 18.6). He played more PF in Boston than SF.
So, he's no longer that effective against SFs, although his help defense may be better than these numbers suggest. But there's a chance he hurts more than he helps. Especially with the Celtics continuing problems on offense.