At this writing, it’s 12:30 and nothing has been made official yet. The reports are still reports… but we’re watching.
As for the Celtics… well… if you believe Danny (and really, you shouldn’t believe any GM’s right now), the Celtics will have nothing to announce Wednesday. He still wants to keep Posey, but he won’t go overboard.
“We can’t get caught up in chasing players and getting into a bidding war. There are some players you do have to outbid the rest of the league for, but we’re trying to stay within our plan for what we need to do.”
“We have over $60 million tied up in the Big Three,” Ainge said. “We’re spending big for the stars and then trying to be careful the rest of the way.”
The Herald reports Danny is ready to give Poz 4 years at the mid-level… but Danny didn’t give them the same indication. So stay tuned.
–NOT SO THRILLING UPDATE –
The NBA has officially set its salary cap this year: $58.68 million. The luxury tax level is $71.15 million. The MLE is $5.585 million. There is also a minimum salary… which means no payroll can be below $44.01 million.
By comparision… last year’s cap was $55.63 mil. and the luxury tax was set at $67.865 mil.
As for the Celtics, they have 9 players under contract (the big 3, Rondo, Perk, Scal, Leon, Baby and Pruitt) at a total of $71.37 million. So they’re ALREADY over the luxury tax by about $200,000. Any money they pay to sign anyone right now will have to be matched, dollar-for-dollar, in luxury tax. That means if the Celtics pay Posey $5 mil this year, the owners are essentially paying $10 mil. Keep that in mind when throwing figures around.