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Celtics Cut Banton, Duck Tax Bill
10 Jul
Summary
- Celtics waived Dalano Banton to reduce roster size.
- The move helped the Celtics save $1.7 million, avoiding luxury tax.
- Boston aims to reset the repeater tax for the 2027-28 season.
The Boston Celtics have waived forward Dalano Banton, with President of Basketball Operations Brad Stevens preferring to maintain an open roster spot heading into the regular season. This maneuver, officially announced on Thursday, is a strategic financial move for the team.
By waiving Banton, the Celtics reduced their roster to 14 players and consequently dropped below the luxury tax threshold, saving an estimated $1.7 million. This action also serves to reset the repeater tax for the 2027-28 season.
While owner Bill Chisholm has indicated a willingness to spend when opportunities arise, the team appears focused on financial flexibility. Stevens stated that the team likes its current group but remains open to potential additions without immediate urgency. Fans may anticipate future spending, contingent on the team's performance and strategic objectives.
Dalano Banton, who had a previous stint with the Celtics during the 2023-24 campaign, will now have the chance to sign with another NBA team and participate in the Las Vegas Summer League.
