Holy Offseason I Can’t Believe it’s July FA/Trade/Waiver Thread

[CelticFaninLBC]

Beal to Lakers then recruits JT after finishing his rehab. JT demands a trade and we get Austin Reaves as new face of the franchise.

And the #1 pick is secretly guaranteed.

[chrisab123]

Beal to Lakers then recruits JT after finishing his rehab. JT demands a trade and we get Austin Reaves as new face of the franchise.

And the #1 pick is secretly guaranteed.

Quite a few posters would be down with this scenario.

[bigfoot_cryptozoology]

Ladies and Gentlemen,
Your Boston Celtics Venture Capitalists at work...

Read on Twitter

[yeleven11]

Alright the Holiday and Porzingis trade both not being announced yet is officially in fishy land. What’s going on?

[brackdan70]

The same people who where **** on Dame for his non D and mid seasons now want him here

Right!
We have a full roster and are over the Apron. WTF are we doing here. Is dame going to sign for a two year minimum and do w have a trade in place to get back under the Apron? Thats the only possible logic I can see here, but IDK, it makes very little sense to me. He will be 36 before he is on the court.

That's nuts to me that you don't see it.

24 ppg at 34. One year off on a rehab. Couldnt we expect 16 ppg? Like he isn't getting a foot cut off.

We have plenty of assets to get under apron even further.


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But why give away assets when you don’t need to.

[Gant]

KeithSmithNBA
‪

Reported trades that have not yet been made official:

BOS-POR: Holiday for Simons
ATL-BOS-BKN: Porzingis for Mann, Niang
BKN-DEN: Johnson for Porter Jr
DEN-SAC: Saric for Valanciunas
DET-MIA: Fontecchio for Robinson (S&T)

The trades involving the Nets are a bit more complicated, because they'll be renouncing free agents to clear cap space before the trades.

The other deals could be in process. There's always a chance something is being held to expand a deal. We'll see!

[SuperDeluxe]

Alright the Holiday and Porzingis trade both not being announced yet is officially in fishy land. What’s going on?

They may still be maneuvering to make them part of larger deals. (For reference, the Durant-to-Rockets deal officially announced today ended up involving a league-record 7 teams.)

[phincsfan]

Ladies and Gentlemen,
Your Boston Celtics Venture Capitalists at work...

Read on Twitter

[hugepatsfan]

Celtics right now are like $300K over the 2nd apron once they process their moves. They will be the 3rd highest payroll team in the whole NBA. The only tow above them are Phoenix, who by all accounts is working on a Bradley Beal buyout and/or trades with Grayson Allen/Royce O'Neale/Nik Richards to duck the 2nd apron themselves, and then the Cavs who project to stay in the 2nd apron. Once the dust settles, unless they make another move, they figure to have the 2nd or 3rd highest team salary in the whole sport, depending on what the exact 2nd apron-ducking moves are for Phoenix. And the Cavs are not a repeat tax offender, so even with a higher team salary the Celtics (and the Suns) are likely going to have higher overall payroll unless they duck the 2nd apron by well more than ether side is set up to right now.

Crying about new ownership being cheap, at this point, seems pretty silly to me. We'll see what happens the rest of the way this offseason and into next. It's possible that they end up ducking the tax this year and next, at which point I think it'd be fair to start sounding some alarms. But even then, if they end up ducking the tax this year (25-26) and next (26-27) but then g back up to league high payrolls in the following years (27-28, 28-29, etc.) then is it even being cheap or is it just concentrating a still high level of spending all in the same years to try and have a true championship team once as opposed to being annually close to that?

I just think people are jumping the gun here with the ownership criticism.

[winsomme2]

Alright the Holiday and Porzingis trade both not being announced yet is officially in fishy land. What’s going on?

They may still be maneuvering to make them part of larger deals. (For reference, the Durant-to-Rockets deal officially announced today ended up involving a league-record 7 teams.)

Also hope that Big Al not being signed yet is related to all of this.

[hugepatsfan]

KeithSmithNBA
‪

Reported trades that have not yet been made official:

BOS-POR: Holiday for Simons
ATL-BOS-BKN: Porzingis for Mann, Niang
BKN-DEN: Johnson for Porter Jr
DEN-SAC: Saric for Valanciunas
DET-MIA: Fontecchio for Robinson (S&T)

The trades involving the Nets are a bit more complicated, because they'll be renouncing free agents to clear cap space before the trades.

The other deals could be in process. There's always a chance something is being held to expand a deal. We'll see!

If the Celtics process those deals separately, they'll get a TPE of about $5M for the difference between Jrue/Simons salary and then a TPE of about $22M for the difference between Porzingis/Niang.

However, if they process as one big 4 team deal, then I THIIIIIIIINK they get a TPE for Jrue's full $32.4M. Porzingis' outgoing $31M salary would be enough to acquire Simons and Niang via salary matching so instead of the two smaller TPEs they get the one big one for Jrue.

I say "THIIIIINK" because technically trading Porzingis at $31M for Simons/Niang at about $35M ON ITS OWN would hardcap them at the first apron, which they're still well over now, because it sends out less they take back in. They can still do the deal as one big 4-teamer by including Jrue in the math because now they are back to sending out more than they take in. That would hard cap them at the 2nd apron though (currently $300K over so need to waive someone). But the key is I'm not sure how that nuance factors into what TPE they generate. If Porzingis for Simons/Niang can't be legally recorded on its own then not sure they get the full Jrue salary TPE. They might have to process them separately with the two smaller (and thus less functional) TPEs or maybe the TPE ends up only being for the excess of Jrue/KP salary over Niang/Simons which would still be the same amount total as the two smaller ones but having it in one bigger TPE would be more functional.

[gizardoe]

Dont have a good feeling on the new celtic ownership. All 30 of them.

[fallguy]

Alright the Holiday and Porzingis trade both not being announced yet is officially in fishy land. What’s going on?

It's a holiday weekend. It's the first day they can do anything. It's not fishy at all.

[winsomme2]

Dont have a good feeling on the new celtic ownership. All 30 of them.

I certainly would prefer that the new owners were not a private equity firm but I also think it’s too early to judge how this is going to play out.

A lot of the criticism of having a PE firm as owners is that they are in the business of ONLY caring about the bottom line and buy companies and mercilessly tear them apart without caring about who that process affects.

The difference though with owning a sports team is they can’t fire the fans and as much as they want to not answer to anybody, the fans actually are their revenue and we don’t answer to them.

So if this ownership tries to make super sleezey moves we have to shame them.

And if you say that doesn’t work, just look at the Patriots at the end of last season. That was ugly. That stadium was brutal and rightfully so. The Krafts responded immediately.

Shaming does work. Hopefully it doesn’t come to that because seriously why would he buy this team if he didn’t want it to be a winner?

[Smart2Nesmith43]

Celtics right now are like $300K over the 2nd apron once they process their moves. They will be the 3rd highest payroll team in the whole NBA. The only tow above them are Phoenix, who by all accounts is working on a Bradley Beal buyout and/or trades with Grayson Allen/Royce O'Neale/Nik Richards to duck the 2nd apron themselves, and then the Cavs who project to stay in the 2nd apron. Once the dust settles, unless they make another move, they figure to have the 2nd or 3rd highest team salary in the whole sport, depending on what the exact 2nd apron-ducking moves are for Phoenix. And the Cavs are not a repeat tax offender, so even with a higher team salary the Celtics (and the Suns) are likely going to have higher overall payroll unless they duck the 2nd apron by well more than ether side is set up to right now.

Crying about new ownership being cheap, at this point, seems pretty silly to me. We'll see what happens the rest of the way this offseason and into next. It's possible that they end up ducking the tax this year and next, at which point I think it'd be fair to start sounding some alarms. But even then, if they end up ducking the tax this year (25-26) and next (26-27) but then g back up to league high payrolls in the following years (27-28, 28-29, etc.) then is it even being cheap or is it just concentrating a still high level of spending all in the same years to try and have a true championship team once as opposed to being annually close to that?

I just think people are jumping the gun here with the ownership criticism.

There's like two dozen people in the ownership group. We know they are all interested in owning an NBA team otherwise they wouldn't be there but also nobody structures a deal that complex with that many people in it unless they have to. Which means they didn't have the money to afford the team with fewer investors. Which means they don't have the money to shell out for high payrolls either. Even if they did, the biggest investor being a PE firm that cares zero for championships because they don't appear on balance sheets tells you everything you need to know about where their priorities are.

Yes they'll pay a ton this year but they aren't stupid, they knew that going in and that was priced in accordingly. The aprons restricting the Celtics flexibility and the salary matching rules made it difficult to scale back spending too much in one summer but this is just the beginning. They are already cutting corners everywhere they can, including trying to underpay their first round draft pick.

If y'all are mad when players leave for a better paycheck elsewhere then y'all should be mad at Grousbeck for selling out the Celtics to a terrible ownership group when he had other slightly less lucrative offers on the table from better ownership groups.

[winsomme2]

Celtics right now are like $300K over the 2nd apron once they process their moves. They will be the 3rd highest payroll team in the whole NBA. The only tow above them are Phoenix, who by all accounts is working on a Bradley Beal buyout and/or trades with Grayson Allen/Royce O'Neale/Nik Richards to duck the 2nd apron themselves, and then the Cavs who project to stay in the 2nd apron. Once the dust settles, unless they make another move, they figure to have the 2nd or 3rd highest team salary in the whole sport, depending on what the exact 2nd apron-ducking moves are for Phoenix. And the Cavs are not a repeat tax offender, so even with a higher team salary the Celtics (and the Suns) are likely going to have higher overall payroll unless they duck the 2nd apron by well more than ether side is set up to right now.

Crying about new ownership being cheap, at this point, seems pretty silly to me. We'll see what happens the rest of the way this offseason and into next. It's possible that they end up ducking the tax this year and next, at which point I think it'd be fair to start sounding some alarms. But even then, if they end up ducking the tax this year (25-26) and next (26-27) but then g back up to league high payrolls in the following years (27-28, 28-29, etc.) then is it even being cheap or is it just concentrating a still high level of spending all in the same years to try and have a true championship team once as opposed to being annually close to that?

I just think people are jumping the gun here with the ownership criticism.

There's like two dozen people in the ownership group. We know they are all interested in owning an NBA team otherwise they wouldn't be there but also nobody structures a deal that complex with that many people in it unless they have to. Which means they didn't have the money to afford the team with fewer investors. Which means they don't have the money to shell out for high payrolls either. Even if they did, the biggest investor being a PE firm that cares zero for championships because they don't appear on balance sheets tells you everything you need to know about where their priorities are.

Yes they'll pay a ton this year but they aren't stupid, they knew that going in and that was priced in accordingly. The aprons restricting the Celtics flexibility and the salary matching rules made it difficult to scale back spending too much in one summer but this is just the beginning. They are already cutting corners everywhere they can, including trying to underpay their first round draft pick.

If y'all are mad when players leave for a better paycheck elsewhere then y'all should be mad at Grousbeck for selling out the Celtics to a terrible ownership group when he had other slightly less lucrative offers on the table from better ownership groups.

I agree with a lot of what you’re saying but a PE firm caring ONLY about the bottom line isn’t necessarily a bad thing for a sports team.

The Celtics aren’t the Red Sox where the stadium will sell out regardless of how the team is playing. If this team turn mediocre and it’s clear that it’s not just a rebuild and is due to crappy owners, fans won’t go, the local media will kill them, and fans will boo. That’s not going to make for a profitable enterprise.

[Gant]

Ladies and Gentlemen,
Your Boston Celtics Venture Capitalists at work...

Read on Twitter

There are that many investors in the outgoing Boston Basketball Group, who currently still own the team.

Chisolm is the biggest investor in the new group, owning a minimum of 15%.

Here's a more detailed look:
Bill Chisholm:
.
While not originally from Boston, Chisholm has developed strong ties to the city and is a passionate Celtics fan.
Bruce Beal Jr.:
.
Beal, part of the new ownership group, comes from a prominent Boston real estate family.
Aditya Mittal:
.
Mittal, CEO of ArcelorMittal, is another key investor with family ties to Harvard University and a long-standing connection to Boston.
Wyc Grousbeck:
.
The current lead governor, Grousbeck, will remain involved in the team's operations for at least the next three years as part of the transition.
Other Investors:
.
Chisholm has been "curating" a group of around two dozen investors, including individuals with ties to Boston.

Sixth Street:

This private equity firm will be a silent partner in the ownership group.

[chrisab123]

Celtics right now are like $300K over the 2nd apron once they process their moves. They will be the 3rd highest payroll team in the whole NBA. The only tow above them are Phoenix, who by all accounts is working on a Bradley Beal buyout and/or trades with Grayson Allen/Royce O'Neale/Nik Richards to duck the 2nd apron themselves, and then the Cavs who project to stay in the 2nd apron. Once the dust settles, unless they make another move, they figure to have the 2nd or 3rd highest team salary in the whole sport, depending on what the exact 2nd apron-ducking moves are for Phoenix. And the Cavs are not a repeat tax offender, so even with a higher team salary the Celtics (and the Suns) are likely going to have higher overall payroll unless they duck the 2nd apron by well more than ether side is set up to right now.

Crying about new ownership being cheap, at this point, seems pretty silly to me. We'll see what happens the rest of the way this offseason and into next. It's possible that they end up ducking the tax this year and next, at which point I think it'd be fair to start sounding some alarms. But even then, if they end up ducking the tax this year (25-26) and next (26-27) but then g back up to league high payrolls in the following years (27-28, 28-29, etc.) then is it even being cheap or is it just concentrating a still high level of spending all in the same years to try and have a true championship team once as opposed to being annually close to that?

I just think people are jumping the gun here with the ownership criticism.

There's like two dozen people in the ownership group. We know they are all interested in owning an NBA team otherwise they wouldn't be there but also nobody structures a deal that complex with that many people in it unless they have to. Which means they didn't have the money to afford the team with fewer investors. Which means they don't have the money to shell out for high payrolls either. Even if they did, the biggest investor being a PE firm that cares zero for championships because they don't appear on balance sheets tells you everything you need to know about where their priorities are.

Yes they'll pay a ton this year but they aren't stupid, they knew that going in and that was priced in accordingly. The aprons restricting the Celtics flexibility and the salary matching rules made it difficult to scale back spending too much in one summer but this is just the beginning. They are already cutting corners everywhere they can, including trying to underpay their first round draft pick.

If y'all are mad when players leave for a better paycheck elsewhere then y'all should be mad at Grousbeck for selling out the Celtics to a terrible ownership group when he had other slightly less lucrative offers on the table from better ownership groups.

I agree with a lot of what you’re saying but a PE firm caring ONLY about the bottom line isn’t necessarily a bad thing for a sports team.

The Celtics aren’t the Red Sox where the stadium will sell out regardless of how the team is playing. If this team turn mediocre and it’s clear that it’s not just a rebuild and is due to crappy owners, fans won’t go, the local media will kill them, and fans will boo. That’s not going to make for a profitable enterprise.

When John Carroll was the interim head coach I remember a game I went to in college where there had to be like 4,000 people and they were all rooting against the Celtics. Celtics always have a risk of dropping to 4th in the Boston sports pecking order. Depends on how garbage this new ownership is but Chisholm better not be anything like Paul Gaston.
https://www.capecodtimes.com/story/sports/2002/11/07/gaston-s-departure-worth-celebration/50958810007/

[winsomme2]

There's like two dozen people in the ownership group. We know they are all interested in owning an NBA team otherwise they wouldn't be there but also nobody structures a deal that complex with that many people in it unless they have to. Which means they didn't have the money to afford the team with fewer investors. Which means they don't have the money to shell out for high payrolls either. Even if they did, the biggest investor being a PE firm that cares zero for championships because they don't appear on balance sheets tells you everything you need to know about where their priorities are.

Yes they'll pay a ton this year but they aren't stupid, they knew that going in and that was priced in accordingly. The aprons restricting the Celtics flexibility and the salary matching rules made it difficult to scale back spending too much in one summer but this is just the beginning. They are already cutting corners everywhere they can, including trying to underpay their first round draft pick.

If y'all are mad when players leave for a better paycheck elsewhere then y'all should be mad at Grousbeck for selling out the Celtics to a terrible ownership group when he had other slightly less lucrative offers on the table from better ownership groups.

I agree with a lot of what you’re saying but a PE firm caring ONLY about the bottom line isn’t necessarily a bad thing for a sports team.

The Celtics aren’t the Red Sox where the stadium will sell out regardless of how the team is playing. If this team turn mediocre and it’s clear that it’s not just a rebuild and is due to crappy owners, fans won’t go, the local media will kill them, and fans will boo. That’s not going to make for a profitable enterprise.

When John Carroll was the interim head coach I remember a game I went to in college where there had to be like 4,000 people and they were all rooting against the Celtics. Celtics always have a risk of dropping to 4th in the Boston sports pecking order. Depends on how garbage this new ownership is but Chisholm better not be anything like Paul Gaston.

Yeah those were dark days.

Even from a money standpoint, you can’t win in the NBA without stars, and the Celtics aren’t going to be a money maker without winning.

The thing that is unclear is how the second apron is going to affect team like the Clippers. It might work more like a hard cap not so much from a money stand point but from a competitive disadvantage standpoint…

It’s kinda hard to predict how many teams are going to not care about being over the second apron.

[jfs1000d]

We wanted to lose so bad we made sure Carroll got his playoff bonus even if we didn't make it. Of course, we did make it and got swept.


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