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Paul Gaston Speaks Of Fiscal Matters
Bulpett mentions later in the article that trade possibilities
will be expored heavily...
Fiscal fitness won't hurt Celts
by Steve Bulpett
Thursday, May 6, 1999
With eight years and $36 million left on Rick Pitino's contract, he and
Celtic owner Paul Gaston will be dancing together for some time to come.
But in that Gaston has sworn to hold the fiscal line on player contracts,
it's hard to picture them cheek-to-cheek.
Pitino said last week on these pages that his ability to sign Ron Mercer
to an extension this summer will be predicated largely on whether he can
keep within the budget set forth by Gaston.
Pitino was then quoted in Tuesday's Herald as saying a similar situation
exists with Tony Battie - only more pressing because if Battie is allowed
to play out his last year and become a free agent in 2000, he is in an
affordable salary sphere.
Pitino readily admits that he knew of the budget (essentially the salary
cap figure plus the exception) when he signed on to a deal that pays him
$7 million a season to coach and $2 million per for four years in a front
office capacity.
But as was written last summer when Antoine Walker's contract was pending,
there is bound to be conflict when trying to balance an all-out effort to
win basketball games with the need to be successful financially.
While uncomfortable dealing with the issue publicly, Gaston said, in
essence, that fans shouldn't judge the Celtics guilty before an alleged
crime is committed.
``I think what's important for Celtic fans is that their team's future is
not going to be constricted in any meaningful way by fiscal
considerations,'' Gaston said, ``meaning that what we think we can spend
on an annual basis on players ought to be sufficient to build a winner.
``I think our willingness to attempt to build a team the last few years
and to spend vast amounts of money is self-evident. We are running this
team the exact same way we have managed it for the last 16 years.''
Gaston has criticized certain fellow owners in the past for their
decisions on large contracts, and though the Celtics have consistently
made money through lean years on the court, he is not looking to alter the
club's bottom line health.
``The new collective bargaining agreement, while I think it is an
improvement over the old one in many respects, still gives teams the
ability to commit fiscal suicide,'' Gaston said.
``We are not going to be among those teams.''
What Gaston clearly would like to see is the Celtics being among the
playoff teams. There can be no question that he - like the rest of the
club's fans - had hoped for better results this season.
``It's been a tough season,'' he said. ``But it seems like we made some
progress toward the end, and hopefully we'll do some real work over the
summer and come back next year stronger.''
Until the Celtics reconvene in the autumn for training camp, there will be
great uncertainty as to the team's make-up.
The players have been following the talk about budgets and the ability to
sign people. Of course, they are curious.
``I wouldn't want to be the coach and the owner right now,'' said Walker.
``It's going to be very difficult. But the guys that are up (for
extensions - Mercer and Battie) are very key components of this team and
we need them around.
``I would love to see them here, but I understand it's a business and
those guys have to do what's best for them.''
For his part, Pitino has said he will not let the two walk away as free
agents.
Thus, the trade possibilities will be explored heavily.
``We may not have a choice,'' Pitino said.
``But we have to make sure we get quality in return. We can't just trade
good players and not get something very good in return.''
Mercer and Battie have both said they'd like to stay with the Celtics.
But they are aware of the financial situation and are keeping open their
options.