How do we unload Wallace and his contract?

[Clench123]

To me there is no bigger obstacle at the moment.  In order for cap space to work we're going to have to get rid of this guy.  Any suggestions?

[IlCapitano]

Give him as a gift to someone, like a 60th pick in the draft. Anything actually.

And what about amnesting? I'm not really sure how that works. Does it clear his salary from your books entirely or what?

[Lucky17]

To me there is no bigger obstacle at the moment.  In order for cap space to work we're going to have to get rid of this guy.  Any suggestions?

You don't unload his contract now. You wait for it to reach its expiration date.

Using the stretch provision and turning that contract into dead money is a nuclear option, and shouldn't be entertained until after next season, if at all.

[2short]

His salary can be used in a trade pretty easily.  Yes he's overpaid but he's fine as a backup (wish he'd shoot when open).  The closer he gets towards an expiring contract the more interesting he'll look to teams.  We also might use Green in a trade so if we need a defensive sf and don't need his offense (say if we have love?) then he'll be useful to us

[LooseCannon]

You wait a year.

I don't really see what the big deal is.  I expect Ainge to improve the team without using cap space to sign a free agent.

[Quetzalcoatl]

He's a big contract, but he's a good presence in the locker room and he can still log decent minutes on a good team.  He will be an expiring after this upcoming season, so if we don't manage to land anybody big this year, he will make it much easier next year to do so.  It is annoying he's on our team, but he netted us 3 draft picks and the rights to swap for another one, so I'd say all in all it was worth it.

He used to be so good, too.  I feel bad wishing he was off our team

http://www.nba.com/video/channels/nba_tv/2010/02/02/20100202_wallace_dunks_top10.nba/

[snively]

To me there is no bigger obstacle at the moment.  In order for cap space to work we're going to have to get rid of this guy.  Any suggestions?

You don't unload his contract. You wait for it to reach its expiration date.

Like we did with Raef and Wally? I think it's very unlikely Ainge lets Wallace expire unless he's failed to land a big fish.

Wallace is too bad at too much money to retain if we have any hopes of being really good in the next two years.

[Lucky17]

To me there is no bigger obstacle at the moment.  In order for cap space to work we're going to have to get rid of this guy.  Any suggestions?

You don't unload his contract. You wait for it to reach its expiration date.

Like we did with Raef and Wally? I think it's very unlikely Ainge lets Wallace expire unless he's failed to land a big fish.

Wallace is too bad at too much money to retain if we have any hopes of being really good in the next two years.

No, I meant that as we near the expiration date for his contract, it increases in value.

Unloading it right now would require giving up some draft picks. In a year, that cost goes down considerably. By February 2016, it might be used as the salary ballast to acquire a significant player at the trade deadline.

[SHAQATTACK]

Nets are so stupid

Why do they keep paying all these guys twice what they are worth

Dang near everybody on the team is overpaid .....in one way or another


I really can't stand Wallace .....I would not keep him at rookie pay.

He really is the BIG hurtle, his and his stupid contract to a quicker rebuild.

[LooseCannon]

Wallace is too bad at too much money to retain if we have any hopes of being really good in the next two years.

It's not an unbearable burden if he is the only bad contract on the roster.

[snively]

To me there is no bigger obstacle at the moment.  In order for cap space to work we're going to have to get rid of this guy.  Any suggestions?

You don't unload his contract. You wait for it to reach its expiration date.

Like we did with Raef and Wally? I think it's very unlikely Ainge lets Wallace expire unless he's failed to land a big fish.

Wallace is too bad at too much money to retain if we have any hopes of being really good in the next two years.

No, I meant that as we near the expiration date for his contract, it increases in value.

Unloading it right now would require giving up some draft picks. In a year, that cost goes down considerably. By February 2016, it might be used as the salary ballast to acquire a significant player at the trade deadline.

Getting better often does require giving up draft picks - that's why Ainge has stockpiled so many of them.  Hanging on to Wallace for another year and a half is handicapping the roster for the same amount of time.  That would be OK if we were in a long-term rebuilding project, but Ainge is trying to put a prime star (or two) next to Rondo this year.  I fully expect Wallace to be outgoing if he is successful.   

[snively]

Wallace is too bad at too much money to retain if we have any hopes of being really good in the next two years.

It's not an unbearable burden if he is the only bad contract on the roster.

It will require an extraordinary amount of precision (or luxury tax spending) to be really good if you are burning $10 mil on Wallace.  Dallas managed to do it with Caron Butler on the fritz, but it makes contention much more difficult.

[Lucky17]

Wallace is too bad at too much money to retain if we have any hopes of being really good in the next two years.

It's not an unbearable burden if he is the only bad contract on the roster.

It will require an extraordinary amount of precision (or luxury tax spending) to be really good if you are burning $10 mil on Wallace.  Dallas managed to do it with Caron Butler on the fritz, but it makes contention much more difficult.

Even if Ainge were to magically remove Wallace's contract from the Celtics' books for next season, he wouldn't gain any meaningful cap space, unless he were to renounce Bird Rights for Bradley, Humphries, and Bayless, and also the rights to the MLE.

If Wyc and Co. said that they wouldn't pay luxury tax again, that would be one thing. But they've repeatedly demonstrated that they're willing to spend to compete.

[saltlover]

With all due respect to the OP, this topic gets brought up every week.  I'm sure a pretty good understanding could be formed from reading prior threads.

Perhaps the mods should just sticky a post about him?  Half-serious.

[Celtic Fan Forever]

Nets are so stupid

Why do they keep paying all these guys twice what they are worth

Dang near everybody on the team is overpaid .....in one way or another


I really can't stand Wallace .....I would not keep him at rookie pay.

He really is the BIG hurtle, his and his stupid contract to a quicker rebuild.

Not to mention they traded away the pick that became Damian Lillard for Gerald Wallace in the first place, ouch.