Curmudgeon wrote:sully00 wrote:
Waiving Parker now doesn't make sense. The team has guaranteed $100,000 of his salary and everyone has kind of found a home. If he wasn't in the team's plans they would have waived him earlier in the offseason. This team is almost 7 mil over the lux tax at this point so they will be avoiding wasting money.
The Celtics are 6.8 million over the tax line according to Spotrac. Shedding Parker's 2.1 million lowers that to 4.7 million. For the first the first five million, it's $1.50 for each dollar. For each dollar from 5M to 9.9M it's $1.75.
So Parker costs the team 2.1M (the portion of his salary that becomes guaranteed if he is not waived before the start of training camp) plus an additional 3.45 million in luxury tax. Is that the way you want to spend your money for a guy who will be lucky to get 10 minutes a game as the number 4 power forward behind Tatum, Juancho and G. Williams? And with Fernando possibly earning minutes there too? If the Celtics were thin at Parker's position that would be one thing. But they are not.
The only reason for keeping Parker is that he might be useful salary ballast in a subsequent trade.
Parker has no trade value. Sacramento tried desperately to trade him last year but no one wanted him so they waived him and we picked him up.
He did nothing in Boston to raise his trade value.
Let me get this straight. Parker's contract is for $2,283,034 according to this
https://www.spotrac.com/nba/boston-celtics/jabari-parker-15354/ Of that, $100,000 has already been guaranteed.
$2,283,034 - $100,000 = $2,183,034
So remaining amount we'd have to pay him if we keep him is $2,183,034
But the veteran minimum is $1.6 mil. So we would actually be saving $583,034 ($2,183,034 - $1,600,000) if we waive parker and give the 15th roster spot to someone like Anthony Brown or Juwan Morgan.
Also, remember that the tax is not calculated until the end of the season. So even if that $583K savings doesn't get us into the lower tax bracket today, it is a decent savings and combined with another move later in the season can help get us to a lower tax bracket.
Pressure is on Parker at training camp to show why he deserves a roster spot, especially since financially it makes more sense to give that last roster spot to a $1.6 mil guy..