The Griz are working to acquire center Fab Melo from the Boston Celtics for the rights to Donte Greene, according to a source with knowledge of the deal. Memphis would bolster its frontcourt depth, adding a third center to the roster behind starter Marc Gasol and backup Kosta Koufos.
According to ShamSports, Donte Greene's contract is non-guaranteed, so it looks like a salary dump for Danny to get Boston under the luxury tax. Turkey, can we get Colton Iverson back? Shavlik Randolph, just kidding. There might be a spot for you after all.
Green is set to earn $1 million this season. If Boston didn't envision a spot for the 6-foot-11 forward on its roster, the team could waive him (either immediately or after training camp) and could dip below the luxury tax line (Boston is roughly $0.7 million over the $71.8 million line at the moment). Boston currently has 15 guaranteed contracts for a commitment of roughly $72.5 million.
The story is still developing. We'll keep you posted.
Update: the trade is official.
The Boston Celtics announced today that they have acquired forward Donte Greene from Memphis in exchange for center Fab Melo and cash considerations.