I think Danny gave him 4 years to make sure he retires in green, I dont think Danny will ever trade Pierce imo...

We would've had a cap hold on him anyway.  He'll still be a championship caliber starter.  How exactly is it a lose/lose situation?  I'd much rather have him on the books than Jeff Green.

If Paul's contract expired after next season and he resigned for an additional 2 years at $9 million per, that would have been an additional $5-7 million for the C's to use on the open market. This makes it a loss for the Celtics.

Pierce took an $8 million dollar pay cut this season to get 3 additional years added to his contract to HELP the team but it's actually going to end up hurting our future cap space and hurting out team's chances of winning. So in a sense it's also a loss for Pierce too.

Hypothetical:

2011 - $21 Million
2012 - $18 Million
2013 - $9 Million
2014 - $9 Million

$57 Million

Reality:

2011 - $13,876,321
2012 - $15,333,334
2013 - $16,790,345   
2014 - $15,333,334   

$61 Million (Roughly)


The key is 2013, imagine if he was on the books for $8 or $9 instead of $16.8 million? That $7 million in savings would have put the C's in really close two max contracts territory next summer. A $4 Million investment for an additional $7 million of cap space would have been worth it.


* I use the term lose/lose very loosely here. Obviously I'm thrilled Pierce is still in Boston.

It's easy to say why not overpay him for two years when it's not our money. I'm assuming doing that would put us way over the luxury tax where we'd have to pay dollar for dollar the amount we go over. I think Danny did the best he could considering the situation.

Their payroll would have matched the Lakers. And if we're not willing to do that then I'm worried about our title count being overtaken eventually.

But it is a good point that I didn't factor into my post before this one.

Quote from: Jsaad on June 25, 2011, 12:58:34 AM

Quote from: ManUp on June 25, 2011, 12:53:50 AM

It's easy to say why not overpay him for two years when it's not our money. I'm assuming doing that would put us way over the luxury tax where we'd have to pay dollar for dollar the amount we go over. I think Danny did the best he could considering the situation.

Their payroll would have matched the Lakers. And if we're not willing to do that then I'm worried about our title count being overtaken eventually.

But it is a good point that I didn't factor into my post before this one.

Is that even after Rondo's new deal kicks in? And I imagine he had to consider what he was going to do about Perk's expiring contract this season. I don't know the numbers, but I'm just assuming it's about the luxury tax and having to shell out big money.

Yes, even when considering Rondo's deal.

There might be rules against a contract dropping by that much from one year to the next.  Because, otherwise, that would've been a great idea, and probably one Danny/PP would've been amenable to.

I don't think so. Look at Paul Millsap, he went from $10 million to $6 million from 2010 to 2011. All in the same contract.

Quote from: libermaniac on June 25, 2011, 04:58:45 PM

There might be rules against a contract dropping by that much from one year to the next.  Because, otherwise, that would've been a great idea, and probably one Danny/PP would've been amenable to.

I don't think so. Look at Paul Millsap, he went from $10 million to $6 million from 2010 to 2011. All in the same contract.

That was a signing on bonus and, in terms of the salary cap (not cash paid), that bonus is split proportionately (signing on fee to salary per annum) throughout his contract.

I agree. i was a big advocate of such an "understanding" last off season; i really like the idea of, when a player is in/just past prime (i.e. 30-32 years old, still extremely good), using bird rights to exceed the cap to overpay a player now, when you weren't going to have capspace anyway, with the mutual understanding that said player would then be underpaid by the same amount.

I would have loved to have seen Pierce's 4 yr. 61 million be a 2 year extension of his previous deal with raises:

2010-2011: 21.5
2011-2012: 23.5
"free agent" (with handshake deal to sign for):
2012-2013: 7.5
2013-2014: 8.5