Truth & Rumors > NBA

Luxury tax driving Celtics moves

Views
1957
Comments
32

07:19 AM ET 09.18 | The recently acquired Donte Greene became a former member of the Celtics organization before playing a single game. Greene came to Boston last month in a swap with the Memphis Grizzlies in exchange for Fab Melo and cash considerations. The Grizzlies already waived Melo, which means the Celtics sent approximately $1.7 million to Memphis in order to clear a roster spot and dip below the [$71.7 million] luxury tax line. Boston now has 14 guaranteed contracts totaling approximately $71.2 million. ... Avoiding the tax could help Boston avoid looming repeater penalties for taxpayers and puts the team in line for a rebate, as part of the money spent by tax teams is redistributed to non-taxpayers. That's a pretty attractive incentive this season after Boston pumped up the tax bill for the rival Nets.

ESPN Boston

Danny Ainge, Icon Sports Danny Ainge, Icon Sports
September 18, 2013  08:34 AM ET

This class warfare waged by the league is BS. If YOUR team can afford it, why shouldn't you be able to spend YOUR money as YOU see fit? If a small market team can't sustain themselves, perhaps they should go the way of the dodo bird. Besides, we don't hear San Antonio whining. This luxury tax and salary cap nonsense needs to go.

September 18, 2013  08:39 AM ET

Nets and Lakers will be happy to give money away to teams under the cap.

September 18, 2013  08:44 AM ET
QUOTE(#1):

...This luxury tax and salary cap nonsense needs to go.

+1

Comment #4 has been removed
September 18, 2013  09:46 AM ET

Celtics should have done this 2 years ago.

September 18, 2013  10:00 AM ET
QUOTE(#4):

Teams that want to pay the lux tax are doing so.but I agree wholeheartedly about the whining.that has to stop- this is a business where you HAVE to spend to winyou can pay kids and scrubs squat.but young teams don't win....and unless you are willing to PAY stars for their services, it is next to impossible to win......and if you aren't trying to win ??all you are doing is trying to make $$ - and in this particular businessthat is (should be) unacceptable to fans AND the comissioner

Tell that to Jerry Jones

Comment #7 has been removed
September 18, 2013  10:15 AM ET

Green Is Not The Color Of Money, Bros?

Comment #9 has been removed
Comment #10 has been removed
September 18, 2013  11:03 AM ET
QUOTE(#7):

which part?I think jerry does want to win and does spend $he just has spent it on the wrong personnel

Wanting to win and actually trying to win is not the same thing. He pretends that he wants to win but all he cares about is being #1 in $$$$$ and headlines!

Comment #12 has been removed
September 18, 2013  11:08 AM ET
QUOTE(#9):

That is why nobody cares much about baseball any more. The rich by titles.

Really? Nobody cares? Is that why you troll the NBA threads daily?

Comment #14 has been removed
Comment #15 has been removed
Comment #16 has been removed
September 18, 2013  11:29 AM ET
QUOTE(#9):

That is why nobody cares much about baseball any more. The rich by titles.

I care................





And.......................








I AM SOMEBODY !!!!!!!!!!!!!!!!

Comment #18 has been removed
September 18, 2013  12:03 PM ET
QUOTE(#14):

I liken it to the cavs with ferry-they had no problem spending $, they just spent it on the wrong guys.Jerry certainly wants to make $, but he never struck me as a guy that doesn't care about winning.

If he cared he would have fired himself and hire a real GM!

 
September 18, 2013  12:16 PM ET
QUOTE(#7):

which part?I think jerry does want to win and does spend $he just has spent it on the wrong personnel

+1

Comment

Remember to keep your posts clean. Profanity will get filtered, and offensive comments will be removed.


Truth & Rumors

MOST POPULAR

  1. 1
    Woodson's next job
    Views
    4654
    Comments
    1102
  2. 2
    Lee on the Yankees' radar (Burnett, too)
    Views
    11504
    Comments
    532
  3. 3
    Rangers pegged as unsportsmanlike divers
    Views
    2902
    Comments
    276
  4. 4
    Heat rising on new sheriff Quintal
    Views
    3812
    Comments
    122
  5. 5
    Geno insists he'll beat out Vick
    Views
    5669
    Comments
    83

SI.com

SI Photos