The Boston Celtics’ Rajon Rondo Dilemma

Dan Palmier founded Boston’s UC Funds, LLC, in 2010. During his time with the loans solution provider, which is valued at almost $1 billion, Dan Palmier has given back to a number of organizations throughout the city, particularly to Boston’s Catholic Schools Foundation. When he is not working or supporting Boston schools, Daniel Palmier enjoys attending Boston Celtics games. He has been a season ticket holder with the team for more than a decade.

February 19 and July 1, 2015, are two dates circled on every calendar in the Boston Celtics front office. By one of those two days, the National Basketball Association (NBA) trade deadline and the start of free agency (respectively), president of basketball operations Danny Ainge should have a clear idea of what will be happening with the team’s star player, point guard Rajon Rondo. Rondo has spent all eight of his professional seasons with the Celtics, though his two most recent campaigns have been limited to a combined 68 games due to a torn ACL. The injury is one of several factors the rebuilding Celtics must consider in their negotiations with Rondo, who will be looking for a significant raise from his $12.9 million 2014-2015 salary.

As a team that finished last season with the fourth worst record in the league and has been projected to win fewer than 30 games next year, the Celtics may not offer the competitive environment to which a player of Rondo’s caliber has grown accustomed. He has, after all, played in two NBA Finals series and recorded individual achievements such as four All-Star berths and a pair of league assist leader awards. Boston will also use the next several months to gauge the abilities of rookie point guard Marcus Smart, the sixth overall pick in the recent draft, as a replacement for Rondo.

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About Dan Palmier

The founder and CEO of UC Funding, LLC, a real estate financing company focused on asset management, underwriting, and loan structuring, Dan Palmier maintains affiliation with the Commercial Mortgage Securities Association and the National Multi-Housing Council.
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