Did the Celtics renounce their way to cap space?

[JSD]

Is that official? The trade exemptions are gone?

[Denis998]

Probably, Not much use for them considering we will have like 60m+ in cap next year. I still don't understand the rule for renouncing TPE's.

[CelticSooner]

They haven't announced anything yet. Ainge is in no hurry.

[Donoghus]

For what it's worth, Forsberg had a retweet that said today was the first day in 6,530 days (Aug '97) that the Celtics were under the cap.

By how much? No idea.

[clover]

So do I have this right--the C's preserved their TPEs by just going beneath the cap, but the didn't use the Rondo TPE on Johnson.

Another trade coming?

[BudweiserCeltic]

So do I have this right--the C's preserved their TPEs by just going beneath the cap, but the didn't use the Rondo TPE on Johnson.

Another trade coming?

No, if you use cap space you lose all TPEs.

If Amir Johnson was acquired via S&T we could still use TPEs, but that doesn't look to be the case.

[Hemingway]

I think we are around 7 mil under the cap now.

[BudweiserCeltic]

In the end the point is a bit moot. Why? Because the amount of cap space we have remaining I think it's a bit higher than what our remaining TPE would've been, which was the Prince TPE of about $7M. The window to use the cap room is much shorter than the Prince TPE, but the effectiveness of a TPE outside of free-agency is usually low. Plus a $7M TPE is not all the valuable anyways.

What we turned all that into was Amir/Jerebko expiring deals & 2nd year non-guaranteed, which is a longer window to use in a trade. It's not as powerful as someone looking for a salary dump, BUT it allows teams to trade higher salaried players to us. So that point is a bit of a wash... but, next offseason we have two useful trade chips if needed.

And in addition to this we gained Lee for Wallace, who saved us from needing to either stretch him (which I doubt we would do once Harris was off the table) and from a potential 1st round pick just to dump him if that was of interest. With Lee we actually have someone of plus value who can be part of a packaged deal and the side benefit that he might stick around if for some reason it works out somehow. I'm not a fan of his, so take this as an objective observation on flexibility and value. And hey, if we make the playoffs... at least we have more talent and make the playoffs more interesting (I'll close my eyes while we're on the defensive end while Lee is on the floor).

[clover]

So do I have this right--the C's preserved their TPEs by just going beneath the cap, but the didn't use the Rondo TPE on Johnson.

Another trade coming?

No, if you use cap space you lose all TPEs.

If Amir Johnson was acquired via S&T we could still use TPEs, but that doesn't look to be the case.

Thanks.

[clover]

In the end the point is a bit moot. Why? Because the amount of cap space we have remaining I think it's a bit higher than what our remaining TPE would've been, which was the Prince TPE of about $7M. The window to use the cap room is much shorter than the Prince TPE, but the effectiveness of a TPE outside of free-agency is usually low. Plus a $7M TPE is not all the valuable anyways.

What we turned all that into was Amir/Jerebko expiring deals & 2nd year non-guaranteed, which is a longer window to use in a trade. It's not as powerful as someone looking for a salary dump, BUT it allows teams to trade higher salaried players to us. So that point is a bit of a wash... but, next offseason we have two useful trade chips if needed.

And in addition to this we gained Lee for Wallace, who saved us from needing to either stretch him (which I doubt we would do once Harris was off the table) and from a potential 1st round pick just to dump him if that was of interest. With Lee we actually have someone of plus value who can be part of a packaged deal and the side benefit that he might stick around if for some reason it works out somehow. I'm not a fan of his, so take this as an objective observation on flexibility and value. And hey, if we make the playoffs... at least we have more talent and make the playoffs more interesting (I'll close my eyes while we're on the defensive end while Lee is on the floor).

I thought they had a TPE of $12.9 from Rondo?

[Hemingway]

In the end the point is a bit moot. Why? Because the amount of cap space we have remaining I think it's a bit higher than what our remaining TPE would've been, which was the Prince TPE of about $7M. The window to use the cap room is much shorter than the Prince TPE, but the effectiveness of a TPE outside of free-agency is usually low. Plus a $7M TPE is not all the valuable anyways.

What we turned all that into was Amir/Jerebko expiring deals & 2nd year non-guaranteed, which is a longer window to use in a trade. It's not as powerful as someone looking for a salary dump, BUT it allows teams to trade higher salaried players to us. So that point is a bit of a wash... but, next offseason we have two useful trade chips if needed.

And in addition to this we gained Lee for Wallace, who saved us from needing to either stretch him (which I doubt we would do once Harris was off the table) and from a potential 1st round pick just to dump him if that was of interest. With Lee we actually have someone of plus value who can be part of a packaged deal and the side benefit that he might stick around if for some reason it works out somehow. I'm not a fan of his, so take this as an objective observation on flexibility and value. And hey, if we make the playoffs... at least we have more talent and make the playoffs more interesting (I'll close my eyes while we're on the defensive end while Lee is on the floor).

It's not a moot point because TPEs can't be combined with players. So now we can take back someone making much more money, before we were basically limited to the rondo 13 mil tpe, now its whatever players we send out plus 7.5 mil. Also, if we do this we can create another TPE. 

[Roy H.]

Yes, they renounced everyone, going back years. Nenad Krstic, Shaq, Starbury...  Lots of guys came off the cap.

[ThaPreacher]

Yes, they renounced everyone, going back years. Nenad Krstic, Shaq, Starbury...  Lots of guys came off the cap.

That's just great! Sigh! How is someone going to be able to start a Why not bring back Stephon Marbury thread.
Ah Krstic, we hardly knew ye.....

[BudweiserCeltic]

In the end the point is a bit moot. Why? Because the amount of cap space we have remaining I think it's a bit higher than what our remaining TPE would've been, which was the Prince TPE of about $7M. The window to use the cap room is much shorter than the Prince TPE, but the effectiveness of a TPE outside of free-agency is usually low. Plus a $7M TPE is not all the valuable anyways.

What we turned all that into was Amir/Jerebko expiring deals & 2nd year non-guaranteed, which is a longer window to use in a trade. It's not as powerful as someone looking for a salary dump, BUT it allows teams to trade higher salaried players to us. So that point is a bit of a wash... but, next offseason we have two useful trade chips if needed.

And in addition to this we gained Lee for Wallace, who saved us from needing to either stretch him (which I doubt we would do once Harris was off the table) and from a potential 1st round pick just to dump him if that was of interest. With Lee we actually have someone of plus value who can be part of a packaged deal and the side benefit that he might stick around if for some reason it works out somehow. I'm not a fan of his, so take this as an objective observation on flexibility and value. And hey, if we make the playoffs... at least we have more talent and make the playoffs more interesting (I'll close my eyes while we're on the defensive end while Lee is on the floor).

It's not a moot point because TPEs can't be combined with players. So now we can take back someone making much more money, before we were basically limited to the rondo 13 mil tpe, now its whatever players we send out plus 7.5 mil. Also, if we do this we can create another TPE. 

If you read the question being asked with the preocupation thay accompanied it you might've deduced the context the answer. Also, I pretty much addressed some of the benefits anyways.

[littleteapot]

Did any teams around the league trade for TPEs? Did we miss an opportunity or just get unlucky?