Jrue Vacation and the Boston Celtics agreed to a four-year, $135 million contract extension, agent Jason Glushon of Glushon Sports activities Administration introduced Wednesday.
The 2-time All-Star guard opted to say no his $37.3 million participant choice for 2024-25 to signal a multi-year deal that’ll take him via the 2027-28 season, per Glushon.
Vacation’s present contract is the four-year, $135 million deal he signed with the Milwaukee Bucks in April 2021. His cope with Milwaukee included $23.23 million in complete incentives.
Referring to some NBA betting websites, the Celtics stay the odds-on favourite to win the championship. Sportsbooks are nonetheless exhibiting nice odds for the Denver Nuggets, Los Angeles Clippers, and Bucks.
BREAKING: After arriving in a blockbuster offseason commerce, Boston Celtics guard Jrue Vacation has agreed on a four-year, $135 million contract extension, his agent Jason Glushon of @GlushonSM tells ESPN. pic.twitter.com/Llln2yczSI
— Adrian Wojnarowski (@wojespn) April 10, 2024
Per Spotrac, Vacation will turn into the fourth participant to signal a assured deal value greater than $100 million at 33 or older — becoming a member of LeBron James, Stephen Curry, and Al Horford.
This transfer additionally saves the Celtics cap house. Excluding bonuses, Vacation had a base wage of $37.3 million in 2024-25. The primary 12 months of the extension will scale back his wage to $30 million, saving Boston over $35 million in luxurious tax penalties.
Boston Celtics supplied Jrue Vacation the contract extension to take away $5.7 million of bonuses
Based on ESPN’s Bobby Marks, the good thing about Vacation’s extension is that Boston eliminates $5.7 million of possible/unlikely bonuses that will have counted towards the primary/second apron.
The Celtics acquired Vacation in a commerce with the Portland Path Blazers in October for middle Robert Williams III and 2023 NBA Sixth Man of the Yr guard Malcolm Brogdon.
Portland additionally obtained a 2024 first-round choose through Golden State and a 2029 first-round choose.
“Proper once I acquired traded, [Celtics coach Joe Mazzulla] was the primary individual sending me clips; what to do on pick-and-roll protection, the way to run the offense, issues like that,” Vacation stated throughout his introductory press convention.
The profit from the extension is that Boston eliminates $5.7M of possible/unlikely bonuses that will have counted towards the primary/second apron.
Celtics now have wiggle room to get below the apron on the commerce deadline if wanted.
— Bobby Marks (@BobbyMarks42) April 10, 2024
“Once more, I really feel like he’s about his enterprise. He’s right here to win and take this crew to a different degree.”
Via 68 video games (all begins), Vacation is averaging 12.5 factors, career-high 5.4 rebounds, 4.9 assists, and 32.9 minutes per sport whereas capturing 48.1% from the ground, a career-best 43.1% from 3-point vary, and 83.3% on the foul line.
Vacation scored a season-high 22 factors in back-to-back video games on the Toronto Raptors on Jan. 15 and towards the San Antonio Spurs on Jan. 17. The 15-year veteran hit a season-high six 3-pointers versus San Antonio.
The Celtics are an NBA-best 62-17 largely partially attributable to their protection. Boston ranks fifth in opponent factors per sport, permitting 109.1 factors, and its defensive effectivity ranking (1.082) is third finest total.
Jrue Vacation’s addition made this attainable.
