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^ Good points wuck... of course the big assumption in my post is that Wally would be agreeable to a sizeable paycut to leave a lesser team and come back here. Easy for me to say since it's not my bank account being affected. Sort of similar to all the trade scenarios we come up with here in with we freely spend Dan Gilbert's money for him.
I agree with you that a team that trades Wally to reduce salary probably wants to arrange a buyout (and save money this year and cut cap space). But this is the last close-to-max contract Wally is going to get, so you never know what his intentions are. I can imagine it would be a negotiation, rather than a clear cut agreement, if things come to that. He seems like a guy who would really want to win a championship. What would really blow is if Wally got bought out, and then another contender convinced him to play for them. With Tony Allen out for the season, do the Celtics try to sign him? Not sure I would like to see that.
I am so relieved we'll know more within the next 16 hours or so. The hypotheticals are always frustrating. And Wally has been a solid pro about the whole thing, on and off the court.