For reference, let's lay out the Celtics' salary numbers and cap number for 2012-2013 as they exist now. These are from Shamsports, and although I cannot vouch for their accuracy, they look about right. I'm assuming that O'Neal, Wilcox, Dooling, Daniels, etc. will be renounced, so I've only included cap hold numbers for players that in my view the team might want to keep beyond this year.
Allen 15,000,000 (cap hold) (Goes to zero if the player is renounced, but then he can only be resigned for the minimum)
Garnett 22,309,306 (cap hold) " "
Bass 4,250,000 (player option)
Stiemsma 1,029,389 (team option)
15th pick 1,443,300 (cap hold) (If the 2012 draft were held today, the Celtics would be picking 15th and 24th)
24th pick 963,600 (cap hold)
MLE 5,000,000 (cap hold) (goes to zero if the exception is renounced)
Bi-annual 2,000,000 (cap hold) " "
So lets assume that the cap for 2012-13 is 60 million and look at some scenarios.
1. The Celtics renounce everything that can be renounced except the 2012 first round picks, and (2) amnesty Pierce. Assuming that Bass exercises his option, that leaves $21,139,135 in committed salaries for 2012-2013, and puts the Celtics 39 million under the cap-- enough for Howard and DWill at $18,000,000 apiece (which is 30% of the cap) Of course Howard would be leaving big $$ on the table if he opts out of his current deal with Orlando. Apart from shorter contract length and lower percentage raises, he has a player option for $19,536,300. Obviously in this scenario the team would want to trade Rondo for an 11M player who is not a point guard.
2. Same as the above, but the Celtics do not amnesty Pierce. That leaves $37,929,480 in committed salaries and 22M of cap space-- enough for one max salary player but not two.
Folks can mix and match various scenarios but those are the numbers. Personally I like the idea of amnestying Pierce, renouncing Ray, but trying to sign Garnett to a two-year extension at $10 million a year. That would leave the Celtics 30 million under the cap and would allow the team to get one max player, one pretty good player and maybe sign Jeff Green also.
Edited by Brickowski, 28 February 2012 - 10:14 AM.