In response to Mployee8's comment:
In response to Fierce34's comment:
Can a team sign free agents and then re-sign their own free agents using the player's Bird rights?
Yes, however a team's free agent counts towards the team's salary against the cap while he is unsigned. In order to gain additional cap room to sign other free agents, a team would have to renounce their own player's Bird rights, meaning they give up the ability to exceed the salary cap by re-signing their player.
And I demonstrated to you last year how the C's could have renounced all the deadwood on the cap hold from the last twenty years and the players they had no interest in resigning or using in S&T's as well as KG to get well under the cap hold. Had they resigned KG to a more modest contract ($7-8MM) they could have had enough space for Terry and then resign the other players with Bird Rts. You don't have to renounce all your Bd Rts players ... Just one or a few like KG that get $20MM to create all sorts of possible options.
So AGAIN ... where does it say you can't sign your own Bd Rts players to go over the cap if you have created enough salary cap space/cap hold space to fit a free agent in before doing so? IT DOESN"T!!!! In fact it supports my claim ... It says YES, HOWEVER you may need to renounce players and lose bird rts to get under the cap. They had to renounce KG's $20MM cap hold and resign him first and work from there to fit Terry under the cap and then resign their own Bd Rts players. Danny blew it announcing the MLE too soon and then tried to work a S&T and ran out of time. Had he been successful, he would have been able to go over the cap and still have the MLE for another player ... Read for comprehension and learn how to interpret rather than convince yourself that "it's a rule." It's not a rule ... and don't give me that "then why hasn't anybody done it since" crap. It isn't very often that you have half a roster and a $20MM player coming off contract that enables a team to renounce him and resign him for less than half he was getting (Most Bd Rts players are in the middle of the careers and resign for more ... it was an unusual situation that KG could be signed for far less than his previous year salary/cap hold). And we'll never know if KG would have signed for $8MM since it was a moot point once Danny was forced to use the MLE for Terry cause he could pay his Bd Rts players whatever he wanted within the rules but failed to get a home town dsct from KG anyway.
Seriously, are you really that dumb?
Expected salary cap for 2012-13 season: $58 million (Note: The cap is set after the season, but for the purposes of this exercise, the $58 million figure will do.)
It’s important to remember that the Celtics’ cap space is theoretical. The eight free agents, plus assorted other blasts from the past represent over $95 million in “cap holds.” (See Sham Sports salary page for details).
In order to use that space one of two things have to happen. Either the free agent player signs with another team, or the player’s rights are renounced.
Remove KG's 22m cap hold and the Celts and still way over the cap. Get it?
95m - 22 = 73m
The salary cap for last season was 58m.
I can't believe you're having a hard time understanding a simple thing like that.