Found August 22, 2013 on Celtics Life:
Hoopsworld Boston’s primary goal in the trade was to get under the luxury tax threshold, which likely means Greene is waived by the team before the season begins. Boston drafted Melo in 2012 with the 22nd overall pick but they dumped him to get out of the tax. No we're not getting the bag of Doritos for Fab. We have to throw them in to get rid of Fab. The Celtics also sent $1.66 million in cash to the Grizzlies to make the deal, about $349k more than Melo will make next season. Under the rules of the new Collective Bargaining Agreement, Boston can only send out $1.54 million in any other trades through June 30. The max a team can send out this season is $3.2 million in cash, collectively. It's common to send money in a trade to offset salary. Rarely do you see a team pay for the full contract. But in the case of Fab Melo the Celtics are not only paying Fab's full salary, but giving Memphis extra money for the trouble. So if you thought the Celtics were trading Fab ...
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