Football

Here’s when Celtics’ $17.1M traded player exception will expire

Will Celtics use their TPE? Major trade asset set to expire Monday initially appeared on NBC Sports Boston

July 18 is a vital date on the Boston Celtics’ offseason calendar.

The Celtics created a $17.1 million traded participant exception final offseason once they dealt Evan Fournier to the New York Knicks through a sign-and-trade. That TPE has an expiration date, nevertheless: 11:59 p.m. ET on Monday, July 18.

Which means if the Celtics do not use the TPE in a commerce by the top of the day Monday, it would disappear.

The TPE could be a helpful asset for groups as a result of it permits them to amass gamers with out having to match salaries. So in idea, Boston may commerce for a participant making as much as $17.1 million in 2022-23 and solely have to surrender draft picks and/or gamers on low-cost offers.

Should you’re anticipating some last-minute fireworks from Brad Stevens and Co., nevertheless, do not maintain your breath.

Forsberg: Stevens has a clear philosophy for remaining roster moves

The Celtics already made two vital strikes this offseason by signing big man Danilo Gallinari and trading for point guard Malcolm Brogdon. Those moves have put Boston $20 million over the luxury tax for next season, and while Stevens insisted he has ownership’s blessing to spend over the threshold, he’s also wary of spending for the sake of spending.

“Obviously we have not only a trade exception now but trade exceptions that we can use again towards the trade deadline, and that’s all about just finding the right deal,” Stevens told our Chris Forsberg recently. “If it is the fitting commerce to be made, now we have the inexperienced gentle to do this.”

Boston does have remaining roster wants — particularly frontcourt depth behind Robert Williams and Al Horford and maybe a veteran wing — and if the fitting participant turns into out there through a commerce Monday, then a deal may go down.

However the extra possible situation is that the Celtics flip to free company to fill these wants, or discover a commerce later within the offseason utilizing one in all their smaller TPEs. (The C’s have $6.9 million and $5.9 million TPEs that expire in 2023).

Even when Boston lets its $17.1 million TPE expire, the additions of Brogdon and Gallinari this offseason ought to have the membership competing for a championship once more in 2022-23.

Click to comment

Leave a Reply

Your email address will not be published.

Most Popular

To Top