I want to make it clear up front, I understand you don't want to have players making a lot more than they're worth.
I understand avoiding the luxury tax.
I understand wanting to be able to sign free agents.
However what I don't see is the Pacers getting over the luxury tax, or getting under the cap to make a big FA signing.
As I see it the only thing we should hope for is to be far enough under the LT that we could use our MLE and not go into the LT.
Beyond that, I don't see the major important of losing a lot of salary.
I suppose another point could be, for example "The money Troy is making could/should go to a better player". Well, sure. But how is he keeping you from getting that player. You'd never be able to trade Troy for that guy, and if Troy was dropped off the roster (salary and all) you still wouldn't be able to SIGN that guy.