Boston Celtics Waive Lonnie Walker IV Due to Tax Implications and CBA Constraints

The Boston Celtics have made a significant roster move by waiving guard Lonnie Walker IV, a decision largely driven by financial considerations and the constraints of the new Collective Bargaining Agreement (CBA).

Despite an impressive preseason performance, Walker’s contract became too costly for the Celtics due to the team’s position relative to the luxury tax threshold. The Celtics were facing significant tax penalties if they retained Walker, which led to the decision to waive him to save on the tax bill.

The move highlights the challenges mid-tier players are facing under the new CBA. Many fans and analysts argue that the current agreement has effectively eliminated the NBA‘s “middle class” of players, making it difficult for players like Walker to secure fair compensation. The CBA’s structure, particularly the supermax contracts and the luxury tax apron, has reduced the financial flexibility of teams to sign and retain mid-level players.

Derrick White, a teammate of Walker’s, shared his thoughts on the situation, reflecting the broader sentiment within the NBA community about the impact of the CBA on player contracts and team roster management.

With Walker now a free agent, there is speculation about his next move, including the possibility of a reunion with the Los Angeles Lakers, his former team.