re: trade and salary cap implications

[wayray@xxxxxxxxxxxxx]

Ken,
I would think with the criticism they received for not signing a
mid-level player this year, that there would be a lot of pressure for
them to do so next season. Ainge still needs to acquire talent,
especially veteran talent, as he has to get the Celtics roster
to the point where they can deal for that impact player they
lack. 

However, a pre-trading deadline deal is certainly possible
and Battie and Williams, draft choices etc. could be involved.
Ray 


> ** Original Subject: trade and salary cap implications
> ** Original Sender: Ken Kokubo <klist@xxxxxxxxxxx>
> ** Original Date: Mon, 20 Oct 2003 13:22:58 -0700 (PDT)

> ** Original Message follows... 

>
> OK...this is a real quicky look so please chime in for accuracy sake, but 
> here goes...
> 
> According to Patricia's and hoopsworld sites and based on 2003 salaries...
> 
> We were carrying a team salary of $52,423,200 after the trade $48,650,030 
> with a league cap predicted to be around $43mil
> 
> The end of this year Eric Williams and Chris Mills come off the books and 
> combine for ~$11mil in salary, which would put us at ~$37mil, giving us 
> about $6 mil to sign a free agent. If we hadn't done the trade we would 
> have no available money to sign a FA (making the assumption that Antoine 
> would most definitely not have opted out of a max contact). $52mil minus 
> Eric Williams @ $5mil = $47mil = over cap and no FA signings.
> 
> So 3 options.
> 
> a) Do nothing and spend $6million on someone at the end of the year.
> b) Trade both EW and Chris Mills for a big money player on a team looking 
> to dump salary and rebuild in '04.
> c) Trade both EW and Chris Mills for player(s) whose contract ends in '06 
> (when Baker, Waltah, and Jumaine Jones come off the cap as well).
> 
> OK some more options...do nothing at all, trade them for other role players 
> that don't help cap relief at all, use them as trade fillers with young guy(s).
> 
> a) not many impact players at 6mil but you never know, can't be combined 
> with the exemptions IIRC.
> b) best if we can find the right player.
> c) risky, you could structure it to have ~30million to sign people, but how 
> far under the cap we'll be is impossible to tell as you need to sign 
> existing (untested) players to larger contracts, we don't know what the cap 
> figure will be, who will be available, and that's a far way off to be 
> planning on something like this if your halfway there (to legitimacy) already.
> 
> So pre trade we had EWill @ $5mil in trade commodity ("salary cap" trade 
> value only no other valuation taken into account) with no FA signing room, 
> now we have $11mil in trade commodity or $6mil FA signing power at the end 
> of the year.
> 
> Ken

>** --------- End Original Message ----------- **