Boston will also receive a future top-55 second-round pick as part of the swap, per Brian Robb of MassLive. This comes just two days prior to Vonleh's one-year, $1.8 million deal becoming fully guaranteed (Jan. 7). The move not only opens up a roster spot for the C's, it also lowers the team's luxury tax bill from $65 million down to $58 million -- saving roughly $7 million in penalties.
Boston will save roughly $7 million in taxes (taxable salary + penalties) by moving Noah Vonleh to San Antonio.— Keith Smith (@KeithSmithNBA) January 5, 2023
Celtics were at roughly $65M for a total tax bill pre-trade. Now at roughly $58M for a total tax bill.
With today marking the first day that NBA teams can sign players to 10-Day contracts and the league's Trade Deadline being just over a month away (Feb. 9), the Celtics have given themselves some flexibility for when it comes to being active on the buyout market and adding a player ahead of a possible deep playoff run.
Photo used courtesy of The Boston Globe