Jason Glushon Outmaneuvers Adrian Wojnarowski: Jrue Holiday’s Contract Extension Details and Celtics’ Salary Cap Situation

How Holiday’s Agent Jason Glushon Stuck Adrian Wojnarowski (ESPN) Holiday will receive around $135 million for the next four years. In order to make the extension possible, the guard waived his player option for 37.3 million.

This means the Celtics are saving money, at least in the short term, as Holiday will “only” earn around $30.1 million in the first year of his contract extension next season. This means that the Celtics’ six best players are all tied up until at least 2025, with Al Horford and Derrick White becoming free agents next summer.

Nevertheless, over $190 million in salaries have already been budgeted for 2024/25, which means the Celtics are now above the Second Apron, which will result in harsh penalties from the NBA. However, the Celtics can still ensure that they get below the line, which is currently valued at $189 million, until the upcoming trade deadline.

Holiday came to Boston in a surprising trade from the Portland Trail Blazers in September, in return for which the Celtics traded Malcolm Brogdon and Robert Williams III, among others. This season, Holiday is averaging 12.5 points, 5.4 rebounds and 4.9 assists, and the defensive specialist sinks 43.1 percent of his three-pointers.

2024-04-11 04:14:00
#Boston #Celtics #extend #Jrue #Holiday #longterm

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