Celtics Acquire Courtney Lee

5:49pm: The second-round picks the Blazers will get are both for 2013, tweets Joe Freeman of The Oregonian. They'll receive the Celtics' own selection, along with the Timberwolves' pick that the C's acquired in an earlier deal. Freeman also passes along word from Blazers GM Neil Olshey, who says he is hopeful Pavlovic will make the team out of camp (Twitter link). Freeman confirms, via Twitter, that the Celtics will send the Blazers cash to cover Pavlovic's salary, which will likely be the veteran's minimum. Pavlovic's 2012/13 contract is non-guaranteed, so he could be waived without the Blazers taking a cap hit, Freeman confirms in an email to Hoops Rumors.

4:05pm: In making their own official announcement about the trade, the Trail Blazers noted that they'll acquire two future second-rounders from the Celtics, rather than just one (Twitter link).

2:12pm: The Rockets have officially announced the Lee sign-and-trade agreement in a press release. Based on the team's announcement and a tweet from Gary Washburn of the Boston Globe, the deal looks like this:

According to ESPN.com's John Hollinger (via Twitter), Lee will earn exactly $5MM in his first year, making his total contract worth the same as the maximum mid-level exception (four years, $21.35MM). The Rockets, meanwhile, are expected to waive Moore and Williams in the very near future. Diebler, the player whose rights Houston receives from Portland, was selected by the Blazers 51st overall in 2011 and spent last season overseas.

12:01pm: Lee will receive a fully guaranteed four-year, $21.5MM contract in the sign-and-trade, tweets Marc J. Spears of Yahoo! Sports. That's a little more than he could have earned with the mid-level exception, so his starting salary figures to be slightly over $5MM.

11:30am: Lee figures to earn a first-year salary of about $4.6MM, while the Celtics will pay Pavlovic's salary for Portland and will also send the Blazers a second-round pick, tweets John Hollinger of ESPN.com. It's unclear what exactly the Blazers are giving up in this deal, but it doesn't seem like it'll be anything of significance.

FRIDAY, 12:17am: The Trail Blazers are expected to step in as a third team to facilitate the Lee sign-and-trade, according to Steve Bulpett of the Boston Herald (via Twitter). It sounds as if Portland will receive Sasha Pavlovic from the Celtics.

THURSDAY, 9:50pm: Even though the deal has yet to be completed, Lee will join the Celtics and the Rockets' end of the sign-and-trade will not change, writes Jonathan Feigen of the Houston Chronicle.  The Rockets will receive JaJuan Johnson, E'Twaun Moore, and Sean Williams, but do not plan on keeping the latter two.  Houston will also get the Bobcats' 2013 second-round pick in the deal.

9:30pm: The Suns and Hornets are the teams that were, and still may be, involved in the trade talks, tweets Bulpett.

7:35pm: JaJuan Johnson hasn't requested a trade from Houston, but would welcome it if he winds up there given the number of power forwards the Rockets have, tweets Sean Deveney of the Sporting News

6:19pm: If the trade goes down, it will involve at least three teams, Bulpett tweets.

5:52pm: JaJuan Johnson will request a trade if he is sent to the Rockets, a source told Gary Washburn of the Boston Globe (via Twitter).

5:42pm: The trade for Lee still expected to go through, tweets A. Sherrod Blakely of CSNNE.com.  Blakely adds that the Rockets will waive Moore upon acquiring him.

5:05pm: The trade appears to be in trouble but both sides are working to keep it alive, Steve Bulpett of the Boston Herald tweets.

4:30pm: The deal will send E'Twaun Moore, JaJuan Johnson, Sean Williams, and a second-round pick to the Rockets, tweets Steve Bulpett of the Boston Herald.

3:41pm: The Celtics have agreed to acquire Courtney Lee in a sign-and-trade deal with the Rockets, according to Marc J. Spears of Yahoo! Sports (via Twitter). Details are still being worked out, but JaJuan Johnson will be heading to Houston, says Spears.

As John Hollinger of ESPN.com points out (via Twitter), for salary-matching purposes, it's "inconceivable" that the Celtics could acquire Lee for Johnson alone. It's likely that the non-guaranteed contract of E'Twaun Moore will be involved as well, along with at least one other player, and perhaps cash or draft picks. The deal figures to require some maneuvering from the Rockets, who are already shuffling their roster around to create a spot for Omer Asik's offer sheet.

The Timberwolves, Bulls, and Suns were also believed to be in the running for Lee, and the Rockets could have re-signed him as well, since they'd yet to renounce his rights. The 26-year-old averaged 11.4 points per game for the Rockets in 2011/12, on 43.3% shooting (.401 3PT%).


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15 thoughts on “Celtics Acquire Courtney Lee

  1. leachim2

    Moore should get picked up, as should Leuer and Jordan, but will probably have to start the year in the D-League.

  2. BrickTops

    JuJaun will request a trade if sent to the Rockets
    ???? Man you are in the second year of your rookie contract. You get in where you fit in. I’m going to laugh if the Rockets stick that punk in the D league

  3. Guest

    The Celtics should trade Keyon Dooling to the Rockets, rather than JaJuan Johnson; they need a point guard, not a power forward.

  4. jwsox

    if JJ does not want to be there then the bulls can step in sing and trade asik for JJ done and done!

    • HoopsRumors

      We’ll keep using it for the looong posts, which this one turned into.

      — Luke

  5. chris_synan1

    Don’t you guys think we are giving up way to much for a guy who only averages 11ppg…we are giving up young top prospects…and for no reason sending pavlovic to the Blazers…Question, do we get anything else?

  6. jondogg2010

    So the Celtics get Lee for Pavlovich, Moore, Johnson and Williams? Seems like a lot of cap room cleared. I do understand the roster rules, but why would they have to give up 4-1?

    • HoopsRumors

      The more salary the Celtics include in the deal, the more Lee is eligible to sign for. For instance, if it was just JaJuan Johnson heading the other way, Lee could only sign for about $1.68MM (150% of Johnson’s $1.12MM), which obviously be wouldn’t agree to.

      — Luke

  7. Karkat

    I see Danny Ainge is back to trading away everyone with potential for mediocre players. That’s always cool.

    • chief00

      This has been the Celtics’ modus operandi for forever and a day. Very rarely have they kept lower tier young players around for very long. They are a veteran-driven team: young players are often the currency they use to acquire those veterans. Ainge is just lining up with this long-standing Celtics tradition.

  8. chief00

    Like this move: 26yo, will come off the bench, good defender and electric offense. Depth, depth, depth.

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