|Posted by shawn cassidy on September 17, 2013 at 5:10 PM|
This was expected after the C's traded Fab. The Celtics want to stay under the tax threshold, and it looks like they will.
The Boston Celtics waived the nonguaranteed contract of recently acquired Donte Greene on Tuesday.
Greene came to Boston last month in a swap with the Memphis Grizzlies in exchange for Fab Melo and cash considerations. The Grizzlies already waived Melo, which means the Celtics sent approximately $1.7 million to Memphis in order to clear a roster spot and dip below the luxury tax line.
Boston now has 14 guaranteed contracts totaling approximately $71.2 million. The luxury tax line is set at $71.7 million for the 2013-14 season.
The Celtics could push the envelope and fill the final vacant roster spot with a minimum contract for a first-year player ($490,180), but would have very little wiggle room this season while walking the tax line (though that could be alleviated by sending out more salary during in-season trades).