I am a numbers guy, but I fully admit to not be totally NBA-Salary-Cap savvy - but with the wording and changes due to Covid, I doubt there are few that do fully understand it. I did a review of the Hernangomez/Bol/Dozier trade, and here is my somewhat-rough analysis.
The Celtics sent out $6.2 million (Hernangomez) in the deal and took back $4.1 million (Bol and Dozier), so they gained some cap room (approx. $2.1 million). According to Spotrac.Com, , Boston now has a total cap of $139.4 million, roughly $2.8 million over the Luxury Tax Threshold of $136.6 million.
Dennis Schroder was signed with the taxpayer mid-level exception of $5.9 million. If they signed Dennis to a non-taxpayer mid-level deal (which they could not), they would be hard-capped (which they are not), requiring The Green to keep below the luxury tax apron of $143 million.
It seems doubtful if Bol Bol and P J Dozier fit into the Celtics present (both are out with major injuries) or future plans, and since the above numbers are not exact, the Celtics are, at worst, sitting just above the luxury tax threshold - and it just may be that they are slightly below that level, thereby avoiding the tax this season.
So the recent trade appears to be almost-totally a financial one to gain some monetary wiggle room. Being tax payers several years in a row can cost NBA teams huge money, so it may be that they are avoiding shelling out tax dollars this season in preparation for extra spending this post-season. Stay tuned.
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