BOS/DEN/BRK

[redslastlaugh]

Boston
Out: Payton Pritchard
In: Ziaire Williams

Brooklyn
Out: Ziaire Williams
In: 2031 1st RND unprotected pick swap from Denver,
Zeke Nnaji

Denver
Out: Nnaji, 2031 RND 1 pick swap
In: Payton Pritchard

Why?
Boston gets off Pritchards money in the face of repeater tax.
Denver adds a proven rotation combo guard who can play with Westbrook or Murray in smaller lineups.
Brooklyn gets a swap to give Zeke Nnaji a chance at tank commander minutes going into the lottery.

Who says no?

[brackdan70]

For Boston, ok so they save on the tax bill assuming they just let Zaire go after next season, but then have very little depth. We know PP can play on the biggest stage and his contract is team friendly. I don’t like it for Boston.
For Denver I could see it making sense but not sure about Brooklyn. Zaire seems to have a lot of upside still? Is it worth trading him Naji and a pick swap in the future…I mean I could talk myself into that making sense.
I don’t think the value is off I guess, but I don’t think I like the idea for Boston if just trading away a proven rotation guy on a good contract for one season of a guy who may not play much.

[nomansland]

Doesn't work on the ESPN trade machine. Are they wrong?

[psman2]

I think Boston could find someone to take all OF PP's contract next off season. The one year of 1.2m (plus tax) in savings seems hardly worth it.

[oldncreaky]

I think Boston could find someone to take all OF PP's contract next off season. The one year of 1.2m (plus tax) in savings seems hardly worth it.

Agree. He's a decent backup PG, and under contract for 4 years of what should be his prime, at less than 5% of the cap. I think he'd be very move-able, and for value, next off-season. Boston is probably passing on any tax moves until they see if they can repeat next spring anyway.

OTOH, it took the Pelicans a small incentive to move off Zaire this off-season

I think Boston says no first

[redslastlaugh]

Doesn't work on the ESPN trade machine. Are they wrong?

I dunno, it worked on fanspo.

[redslastlaugh]

I think Boston could find someone to take all OF PP's contract next off season. The one year of 1.2m (plus tax) in savings seems hardly worth it.

In general circumstances, I’d agree. But under the repeater tax, Payton’s 4 yr 30 million contract could be $150 million in outlays and this is a liability on the books that will be deducted from the purchase price. The team may be looking to drop salary commitments as part of the song-and-dance of finding a new majority owner. But… maybe not.

[ecuhus1981]

No thanks from Brooklyn, we won't clog our 2025 capspace for a distant 1st.

[redslastlaugh]

It’s crazy that signing Zeke Nnaji to a four yr $35 million contract, all four years guaranteed, has hamstrung them for Jokic prime. And the contract hasn’t even started yet, all four year, all guaranteed, still to come.

That contract is just a huge problem in a repeater-tax, 2nd apron CBA world for the Nuggets getting back to the Finals.

[nomansland]

What's crazy is that Zeke can't catch a damn basketball. If his hands were just 20% better the Nuggets could trade that contract. Zeke can shoot from outside, he runs the floor like a demon, he plays with insane energy, can block shots, gets great positioning for rebounds. He just has hands of stone. I don't get it.

[brackdan70]

I think Boston could find someone to take all OF PP's contract next off season. The one year of 1.2m (plus tax) in savings seems hardly worth it.

In general circumstances, I’d agree. But under the repeater tax, Payton’s 4 yr 30 million contract could be $150 million in outlays and this is a liability on the books that will be deducted from the purchase price. The team may be looking to drop salary commitments as part of the song-and-dance of finding a new majority owner. But… maybe not.

In valuing a franchise, if you are looking at liabilities then you also look at assets. In financial terms what is Payton’s value to the franchise? He fills a roster spot at a salary number way below average and is a contributor in the rotation. If the Celtics really need tax relief, which they will at some point, I suspect they look at guys making way more money to move.

[redslastlaugh]

I think Boston could find someone to take all OF PP's contract next off season. The one year of 1.2m (plus tax) in savings seems hardly worth it.

In general circumstances, I’d agree. But under the repeater tax, Payton’s 4 yr 30 million contract could be $150 million in outlays and this is a liability on the books that will be deducted from the purchase price. The team may be looking to drop salary commitments as part of the song-and-dance of finding a new majority owner. But… maybe not.

In valuing a franchise, if you are looking at liabilities then you also look at assets. In financial terms what is Payton’s value to the franchise? He fills a roster spot at a salary number way below average and is a contributor in the rotation. If the Celtics really need tax relief, which they will at some point, I suspect they look at guys making way more money to move.

Yea you may be correct. PP contract is positive value in a vacuum, I’d say. It’s only the combo of repeater tax and team for sale why they’d entertain moving him.

The thing is I don’t know the answer to the question of how are on book salaries handled when prospective new owners are preparing a bid for the team.

I remember when Gaston was selling to the Wyc group, there were all sorts of roster moves that were focused on appeasing the finance guys who were working the sale. I specifically remember that letting Rodney Rodgers walk and flipping Vitaly and Kenny Anderson for Vin Baker were moves specifically made with the sale price in mind.

But what are the actual accounting principles on how the banks assess assets and liabilities, I really don’t know. Like I have an etrade account and drive thru burgers is more expensive now, lol, that’s my business acumen at its limits, lol.

[brackdan70]

In general circumstances, I’d agree. But under the repeater tax, Payton’s 4 yr 30 million contract could be $150 million in outlays and this is a liability on the books that will be deducted from the purchase price. The team may be looking to drop salary commitments as part of the song-and-dance of finding a new majority owner. But… maybe not.

In valuing a franchise, if you are looking at liabilities then you also look at assets. In financial terms what is Payton’s value to the franchise? He fills a roster spot at a salary number way below average and is a contributor in the rotation. If the Celtics really need tax relief, which they will at some point, I suspect they look at guys making way more money to move.

Yea you may be correct. PP contract is positive value in a vacuum, I’d say. It’s only the combo of repeater tax and team for sale why they’d entertain moving him.

The thing is I don’t know the answer to the question of how are on book salaries handled when prospective new owners are preparing a bid for the team.

I remember when Gaston was selling to the Wyc group, there were all sorts of roster moves that were focused on appeasing the finance guys who were working the sale. I specifically remember that letting Rodney Rodgers walk and flipping Vitaly and Kenny Anderson for Vin Baker were moves specifically made with the sale price in mind.

But what are the actual accounting principles on how the banks assess assets and liabilities, I really don’t know. Like I have an etrade account and drive thru burgers is more expensive now, lol, that’s my business acumen at its limits, lol.

Yeah IDK either. Another thing with Pritchard, or any player since we have only 14 guys guaranteed. You have to replace him with a player of at least minimum salary so that comes into play as well as for as his cost

[cl2117]

In valuing a franchise, if you are looking at liabilities then you also look at assets. In financial terms what is Payton’s value to the franchise? He fills a roster spot at a salary number way below average and is a contributor in the rotation. If the Celtics really need tax relief, which they will at some point, I suspect they look at guys making way more money to move.

Yea you may be correct. PP contract is positive value in a vacuum, I’d say. It’s only the combo of repeater tax and team for sale why they’d entertain moving him.

The thing is I don’t know the answer to the question of how are on book salaries handled when prospective new owners are preparing a bid for the team.

I remember when Gaston was selling to the Wyc group, there were all sorts of roster moves that were focused on appeasing the finance guys who were working the sale. I specifically remember that letting Rodney Rodgers walk and flipping Vitaly and Kenny Anderson for Vin Baker were moves specifically made with the sale price in mind.

But what are the actual accounting principles on how the banks assess assets and liabilities, I really don’t know. Like I have an etrade account and drive thru burgers is more expensive now, lol, that’s my business acumen at its limits, lol.

Yeah IDK either. Another thing with Pritchard, or any player since we have only 14 guys guaranteed. You have to replace him with a player of at least minimum salary so that comes into play as well as for as his cost

My math might be off, but I think the can come incredibly close to ducking under the 2nd apron by trading both Pritchard and Springer into cap space and then converting Lonnie Walker from his E10 and Anton Watson from his two-way.

Spotrac has them $7,643,991 over the 2nd apron. If you moved both Springer and Pritchard for nothing/non-guaranteed salaries, that' leave them just over $3m to fill out the roster to get back to 14. Lonnie would make the vet minimum which is just over $2m and then Anton would get the rookie minimum which is just over $1m. I think they end up about $200k over the 2nd apron still, so might still need yet another move (Kornet/Queta also moved into space and then replaced with minimum player with 0-1 years experience).

Obviously not going to make them better on the court, but they'd be able to drop below the 2nd apron for the year and help reset the clock on some of the more onerous restrictions imposed by it.

In terms of the actual valuations for the C's, I'm sure the tax implications of being over the 2nd apron will be taken into account, however they will be counterbalanced by the fact that they can dip below while still being a competitive, albeit worse, team. I don't expect the current ownership to sell off any assets in the interim to improve the financial outlook for the next few years. Winning another championship would likely be enough to offset the additional costs and then some.