Can anyone explain to me how we got so cash strapped? It seemed just a couple seasons ago we were all talking about how good of a monitary situation we were in.
Blew all our cap space for a few years this past offseason. We had a window to reset with not much on our cap then.
Signed Green, Bass, KG, Terry, Lee all to multi-year contracts.
We're not cash strapped, and our situation is fine -- flexibility doesn't imply that we're sitting under the cap with money to spare (this is not the NFL).
For an example of someone who's really cash-strapped, check out the Nets, who have $70+ million tied up in 4 players... up to 2016. Also in the same boat: Miami and Oklahoma.
Maybe cash strapped is a poor use of words, but we are limited. But even then, you really are only as limited as your own personal revenue stream allows you to be.
For instance, the Lakers probably have less flexibility than we do, but because they have a revenue stream that will allow them to pay $50-60 million in luxury tax, they can make trades that suck in extra salary, etc. It opens up options.
The Celtics, do not have revenue streams that the Nets, Knicks, and Lakers do so they will be more limited than say the Nets or Knicks or Lakers who are way over the luxury tax threshold and can't trade for sign and trade players or use the MLE.