Re: Wallace Says The Luxury Tax Played A Big Role In The Trade

["Troy Hash" <troyhash@kih.net>]

Exactly correct!!  This is nothing more than a $$$$ move yet again!!!  We are giving up on a potential allstar to save $$$.  2 1 rounders for Tony Delk and the right to "rent" Rogers for 3 months.  Horrible!!! I get madder everytime I think about it!!!!
Troy

---------- Original Message ----------------------------------
From: Way Of The Ray <wayray@ix.netcom.com>
Date: Thu, 21 Feb 2002 08:39:27 -0500

>>From Bulpett's Herald article:
>
>As expected, the deal has attraction for the C's beyond the pure
>basketball sense. The club is expected to save close to $3 million on
>the salary cap for next season, putting it in a far better position vis
>a vis the coming luxury tax. The Celtics will benefit from getting off
>the $2.7 million Brown is owed for next season and the remainder of
>Johnson's four-year, $7.55 million pact. The club had an option for next
>year on Palacio, but NBA rules stipulated it had to guarantee his
>$750,000 for 2002-03 before moving the contract on.
>
>``The thrust of this deal is two-fold,'' said Wallace. ``To use a
>baseball analogy, it beefs up our pitching staff for the pennant race.
>Secondly, it reduces the team's overall salary in preparation for the
>luxury tax coming after the 2003 season. Every dollar is important and
>it's very difficult to move salary right now. The majority of the league
>is very sensitive to the luxury tax with every move they consider.''