Celtics Sign Drew Peterson To Two-Way Contract

December 14: Peterson’s two-way deal is official, the Celtics announced.


December 13: The Celtics are expected to sign G League forward Drew Peterson to a two-way contract, according to Adrian Wojanrowski of ESPN (Twitter links). Agents Mike Silverman and Troy Payne tell Wojnarowski that Peterson has agreed to sign with the C’s and is on track to join the team as soon as Thursday.

Peterson, 24, went undrafted earlier this year after spending two seasons at Rice and three at USC. As a “super senior” in 2022/23, he averaged 13.9 points, 6.2 rebounds, and 4.3 assists per game, posting a .442/.358/.752 shooting line in 33 games (35.9 MPG) for the Trojans.

As an undrafted free agent, Peterson quickly agreed to an Exhibit 10 deal with Miami and joined the Heat for summer league play and training camp. He was cut before the regular season began and was designated as an affiliate player for the Sioux Falls Skyforce, Miami’s G League team.

Peterson was off to a strong start in his first professional season, putting up 15.2 PPG, 5.5 RPG, and 4.2 APG on .528/.407/.857 shooting in his first 13 games with the Skyforce. Once he officially signs with Boston, he’ll make the move to the Maine Celtics. He’ll also be eligible to appear in up to 35 NBA games, assuming he officially signs on Thursday.

The Celtics won’t need to make a corresponding roster move to open up a spot for Peterson, since they already cut a two-way player earlier this week, parting ways with Nathan Knight on Tuesday. Neemias Queta and JD Davison are Boston’s other two-way players.

If Peterson signs on Thursday, his two-way salary will be $395,708. That salary would become fully guaranteed if he remains under contract through January 7.

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