Celtics waive Nader

[rondofan1255]

The Boston Celtics have waived swingman Abdel Nader, league sources tell Yahoo Sports.

https://twitter.com/shamscharania/status/1020699510388019202?s=21

[hwangjini_1]

what does this mean for the celtics salary cap?

[nickagneta]

Will probably stretch out the $450k owed him so could save about a million or so.

[ManUp]

Wasn't his contract non guaranteed until August 1st

[liam]

NOOOOOOO!

[saltlover]

Will probably stretch out the $450k owed him so could save about a million or so.

Save this year but pay it back and more at higher tax rates in the future.

[Chief]

Now let's sign Bird and call it a summer...unless AD or Big Kat become available.

[Celtics4ever]

Good riddance to a guy who did not like to play D!

[Roy H.]

Will probably stretch out the $450k owed him so could save about a million or so.

Save this year but pay it back and more at higher tax rates in the future.

Eh. We’re talking about $60k over 7 years.  The extra cost is very minimal.

[Roy H.]

Now let's sign Bird and call it a summer...unless AD or Big Kat become available.

I’d rather keep the spot open and sign Bird to a 2-way.

[saltlover]

Will probably stretch out the $450k owed him so could save about a million or so.

Save this year but pay it back and more at higher tax rates in the future.

Eh. We’re talking about $60k over 7 years.  The extra cost is very minimal.

Depends what the tax rate is at the time.  Not my money, but it saves roughly $575 in taxes this year which will almost certainly be exceeded in future payments.  If the Celtics aren’t going to get below the tax this year, it’s better not to stretch.

[colincb]

Will probably stretch out the $450k owed him so could save about a million or so.

Save this year but pay it back and more at higher tax rates in the future.

They may not stretch Nader since they're still over the lux tax threshold.

[Eddie20]

Seemed like a good guy, just not that good of a basketball player. I could see him having success overseas, where he learns how to play without the ball, and then returning to the NBA.

[KGs Knee]

Will probably stretch out the $450k owed him so could save about a million or so.

Save this year but pay it back and more at higher tax rates in the future.

They may not stretch Nader since they're still over the lux tax threshold.

Sure, but tax status isn't calculated until the end of the season. It won't be very difficult for Boston to get under the tax of they want to. Trading Yabu to a team with cap space pretty much gets them there (although Boston would be better served to do so sooner than later, as every day that passes once the seasons starts counts as salary paid towards the tax calculation).

[saltlover]

Will probably stretch out the $450k owed him so could save about a million or so.

Save this year but pay it back and more at higher tax rates in the future.

They may not stretch Nader since they're still over the lux tax threshold.

Sure, but tax status isn't calculated until the end of the season. It won't be very difficult for Boston to get under the tax of they want to. Trading Yabu to a team with cap space pretty much gets them there (although Boston would be better served to do so sooner than later, as every day that passes once the seasons starts counts as salary paid towards the tax calculation).

This is incorrect.