The Celtics  didn’t do anything about the trade deadline, but a handful of deals have direct, or indirect ramifications for their longterm rebuilding plans.
1. Dwight Howard  stays in Orlando
Skip past the drama of the past week and understand that Howard’s decision to not exercise his early termination option is huge for the Celtics. First, it keeps him away from New Jersey who planned to build a team around Howard and Deron Williams. Second, it keeps him with a Magic team that will likely remain capped out for 2012-13. Third, it removes Howard from this summer’s free agent list.
Short of Howard moving to the Western Conference, this is a positive end result for the Celtics, who can now shift their attention elsewhere.
2. New Jersey makes a panic move
After not getting Howard, the Nets  traded a top-3 protected pick to Portland for Gerald Wallace  in an apparent effort to keep Williams happy. Wallace is a good player and the Nets spin is that the upcoming draft lacks game-changers at the top of the draft. However, what the draft lacks in quality it more than makes up for in quantity and the Nets gave away a coveted future asset for potentially half a season of Wallace.
Williams and Wallace have ETO’s and the Nets run the risk of losing both players at the end of the season. The Nets stay the Nets, in other words. This is good for the Celtics and possibly great for the Mavericks, who will no doubt zero in on Williams this summer.
3. Portland blows it up
Now this was a demolition. The Blazers not only traded Wallace, they also dealt Macus Camby to Houston for Jonny Flynn and Hasheem Thabeet. How does this affect the Celtics? The Blazers cleared a direct path to re-sign Nic Batum, who will be a coveted restricted free agent. Batum would have been perfect alongside Rajon Rondo .
4. Denver acquires JaVale McGee
Interesting move by the Nuggets, who dealt center Nene and his 5-year, $65 million contract. While this seems curious on its face, there is a method the madness. As Mark Deeks wrote , the Nuggets likely never had any intention of keeping Nene through to the end of his deal. He was signed to be traded, which is how a proactive organization goes about its business. (New Jersey, take note).
The principal return was McGee, an athletic shot-blocking freak, known more for his LOL-worthy stunts. However, he’s also an athletic shot-blocking freak and the basketball world is beyond curious to see what happens to McGee now that he is in a structured situation on a good team with a strong-willed coach.
He’ll command huge money as a restricted free agent — again, shot-blocking freaks are rare — and Denver has the upper hand on retaining him. McGee would have been an intriguing possibility for the Celtics, but like Batum he’ll now likely be out of their reach.