Re: RED ALERT: Wyc & Trust Fund Steve On WEEI

["Sean Giovanello" <sgiovanello@xxxxxxxxxxxxxxxx>]

Also:

They said they have a 5-10 year plan and thats why they brought in Danny,
who they paid a lot of money for.

Asked about a new building: no plans at this time...7 years to go who knows
what happens then.  Good deal with Fleet (rent free).  Working with them on
some improvements.

Big O asked if they overpaid for team - no building no tv station and 360
mil versus 700 for sox fenway and nesn.  Argued that the price was right -->
huge tax write offs when buying a team, low interest on their debt, rent
free, and the NBA tv contract made it a nobrainer.

Going to 16 mil over this year and willing to pay it this year and next.
Came in with the idea that things needed changing but they had the resources
not to blow things up and to take the hit for now.  No short term fixes with
large long term costs - have a plan and sticking with it.


----- Original Message ----- 
From: "Way Of The Ray" <wayray@ix.netcom.com>
To: <celtics@igtc.com>
Sent: Tuesday, June 10, 2003 5:23 PM
Subject: RED ALERT: Wyc & Trust Fund Steve On WEEI


> They were on WEEI just now (4 - 4:45) and said some
> interesting things. Not that the best interview
> (re: host's knowledge of draft stuff - didn't have a clue), but
> good skepticism by Big Show people:
>
> - Despite the ticket price increase, season ticket
> sales are higher than last year.
>
> - They think they can come out of this draft with either
> a good rebounder or good point guard but not both.
>
> - That's right either a rebounder or PG: Better start factoring in
> Collison,
> West, etc. in those mock drafts.
>
> - No mention of draft trades.
>
> - One of them said he thinks Vin Baker can come back and "kick butt",
> if he continues with his rehabilitation.
>
> - Looking to build the team around All Stars Pierce and Walker
> (And that's why they extended his contract - he he).
>
> - No mention of Pavlovic or specific possible draftees.
>
> - Not using the mid-level exception.
>
> - Wished they had gone after Danny Ainge sooner (Like before the
> 2001 Draft and Vin Baker trade would have been good).
>
> - On a long term 5-year plan.
>
> - Team over-achieved past two years, that's why O'Brien has three more
> years.
>
> - Budgeted the team to be $16 million in luxury tax arrears
> for this coming season.
>
> - Will start to see some luxury tax/cap relief after the
> upcoming season (that means you Eric Williams).
>
> - Lots of Europeans in the draft will push down quality American
> players.
>
> - A deep draft for point guards (Hello Gaines or Banks).
>
> - They had to move on Danny Ainge quickly, because he had another
> suitor.
>
> -  Larry Bird gave them the advice to be visible, "show up" when they
> met
> Bird at the Hall of Fame and asked him for advice.
>
> - Never talked to Bird about joining their group as he was headed in
> a different direction.
>
> Copyright 2003 by Way Of The Ray
> Feel free to forward this and reprint, as long as credit is given.