The Celtics are VERY close to the cap.
Other than the contending tax paying years where they were obviously going to be well over, they have played this cap game in all the other years Danny has been GM. It should be obvious we will dance around it again.
Fiercy once said no good free agents will sign here b/c the last time the Celtics had money to sign guys in 2003 we could only sign Scal. That was off course Fiercy BS. Not only did he "forget" Scal wasn't signed until 2005 (Doh!) he also neglected to understand this team did not have cap space in 2003, 2004 OR 2004. They had a couple million a year, where they signed a guy like Dickau to get to the cap, acquired the MLE, and used it on a guy like Scal.
They can spend up to the cap to have the MLE if they want it, they are so close right now that it makes more sense to have the 6 million MLE in their pocket than be 3-4 million under. But I agree that they should not enter into long-term contracts with anyone. Probably nothing more than a year. Two years max, but only 2 if Danny feels the summer of 2016 is the one he will make free agency noise in.
The TPE was more of an option if we got Love. If will probably be allowed to expire now, unless another team pays us to use it (draft pick, cheap young asset, etc.) to absorb a one year expiring like Jeremy Lin.