Kristaps Porzingis

While no one expects the Celtics to move on from Jayson Tatum or Jaylen Brown anytime soon, there are questions around the league about how long the club can carry one of the NBA’s highest payrolls, subjecting itself to significant luxury tax penalties and onerous second-apron restrictions, writes Jake Fischer of The Stein Line (Substack link).

The general consensus is that the Celtics might be willing to run it back again if they win another title this season. “You can’t break up a team that could be going for a three-peat,” one Western Conference executive told Fischer. But if Boston falls short of a championship? “They’re going to have to trade some guys at some point,” a team capologist said.

According to Fischer, league figures are keeping a close eye on guard Jrue Holiday and big man Kristaps Porzingis as possible trade chips later this year or next. Fischer suggests that guard Derrick White would likely have more trade value than either Porzingis or Holiday if he were made available this summer, but says no one he talked to seems to believe Boston would consider moving White.

If the Celtics do consider trading one of their top five highest-paid players, Holiday could be the most obvious odd man out due to a handful of factors, including his contract (three years and $104.4MM after this season) and Boston’s loaded backcourt.

As Fischer writes, besides White, the Celtics’ depth chart includes Sixth Man of the Year frontrunner Payton Pritchard and rookie Baylor Scheierman, whose development over the course of this season has been viewed by the team as very promising.

Here’s more on the C’s:

• Turning Al Horford‘s $9.5MM salary slot into a minimum-salary player next season would help the Celtics with their cap/tax situation, but the club likely wouldn’t welcome that possibility if it means losing Horford. Assuming the big man wants to continue his career, there are rival cap strategists who believe his market could start around the taxpayer mid-level exception ($5.7MM), Fischer writes.
• Sixth Street Partners, a private equity firm, has committed more money to William Chisholm‘s ownership bid than Chisholm himself, reports Dan Primack of Axios. That’s not permitted by NBA rules, which allow private equity firms to hold up to a 20% stake in a team as long as their share is less than that of the controlling owner (which must be at least 15%).
• In Primack’s view, Chisholm’s two options are to be granted some sort of waiver by the NBA to get around that rule or to bring in enough new investors that Sixth Street’s full check is no longer necessary and they’re contributing less to the bid than Chisholm. Silver said on Thursday that the option of a waiver isn’t being discussed, according to Fischer. “Not at all,” he said. “And while the deal in a preliminary fashion has just been presented to the league, at this time there’s no contemplation of changing our ownership rules.”
• Fischer also asked Silver on Thursday about the reported arrangement between Chisholm and outgoing owner Wyc Grousbeck that would keep Grousbeck in the CEO and governor positions through 2028. As Fischer notes, it sounds similar to what Mark Cuban wanted when he sold the Mavericks, but in that instance it wasn’t put into writing and didn’t happen. “I think the Grousbeck family and the buyer are still working through those arrangements on exactly how that would work in terms of CEO roles and governor roles during some transition,” Silver said. “I think the situation was very different in Dallas. There was a clear change in control of the franchise to Patrick Dumont and his family. Any decision as to what Mark’s role would be in basketball operations was a function of an arrangement to be made between Mark Cuban and Patrick. The ultimate governance was absolutely clear, as presented to our board, that the last word on any basketball activities or any significant decision for the franchise would be made by Patrick.”
• In his latest mailbag, Brian Robb of MassLive answers questions about Luke Kornet‘s upcoming free agency, the best first-round playoff opponent for the Celtics, and the ownership transition.