Celtics Rumors

Aditya Mittal Joining Celtics’ New Ownership Group

Aditya Mittal is expected to be the second-largest stakeholder of the Celtics once the sale of the team to William Chisholm‘s group is completed, according to Scott Soshnick, Kurt Badenhausen, and Eben Novy-Williams of Sportico, who say Mittal could also become the team’s alternate governor in the future.

Mittal, the CEO of the steel giant ArcelorMittal and a member of one of India’s richest families, is investing roughly $1 billion in the Celtics, per Sportico.

Chisholm reached an agreement in March with the current Celtics ownership group to buy the team in two stages — his group is expected to assume 51% control of the organization this year and then buy out the remaining shares in 2028, with current governor Wyc Grousbeck remaining in that position for a few more years.

However, reporting in the wake of that agreement indicated that Chisholm’s bid – which initially valued the franchise at $6.1 billion (the valuation will reportedly increase to $7.3 billion for the second part of the sale) – was not yet fully financed. Subsequent reports have suggested that Chisholm’s bid is now fully financed and the sale is expected to close in the near future. Mittal’s investment helped close the funding gap, according to Sportico.

As Soshnick, Badenhausen, and Novy-Williams outline, Mittal is the son of Lakshmi Mittal, a Goldman Sachs board member since 2008 who is worth $23.9 billion, per Bloomberg. Goldman Sachs has served as the financial advisor for Chisholm’s group during the sale process.

In addition to Chisholm and Mittal, the new Celtics ownership group will include current minority stakeholder Robert Hale, Bruce A. Beal Jr., and private equity firm Sixth Street, as previously reported.

According to Sportico, Sixth Street is expected to own roughly 12.5% of the team once the sale is finalized. Earlier in the process, there were concerns about Sixth Street having committed more money to the bid than Chisholm, which wouldn’t be permitted, but that will no longer be the case once the deal is finalized. The majority stakeholder in an NBA franchise – Chisholm, in this case – must control at least 15% of the team.

Atlantic Notes: Nets, Knueppel, Raptors, Sixers, Porzingis

The Nets control a league-high five picks (all in the top 36) in the 2025 NBA draft, and general manager Sean Marks has an extensive history of making trades during or right around the draft. Those factors point toward Brooklyn being a team to watch on the trade market next month, says Brian Lewis of The New York Post (subscriber link).

According to Lewis, Marks has made a trade within two days of the draft in eight of the last nine years, and the “feeling in league circles” is that he’ll do so again this spring.

Assuming the Nets stay at No. 8, could Kon Knueppel be the choice in that spot? As Lewis writes in another subscriber-only story, Brooklyn is being connected to the Duke sharpshooter by many mock drafters, and some scouts view him as a strong value pick at that spot if he’s still available.

“Is he a really good player, and are you excited to have him on your squad? Yeah,” former Sixers scout Mike VandeGarde told Lewis. “But is he Luke Kennard? Is he Kyle Korver? Is he Gradey Dick? … Knueppel to me isn’t the best player on a playoff team, but I really like his game. And if I’m at eight, I’m looking at him.”

Here’s more from around the Atlantic:

  • With Pascal Siakam and T.J. McConnell playing important roles for Indiana in the Eastern Conference Finals and OG Anunoby logging big minutes for New York, Michael Grange of Sportsnet.ca revisits the Raptors‘ decision to trade away Siakam and Anunoby during the 2023/24 season, while Keith Pompey of The Philadelphia Inquirer considers whether the Sixers should regret letting McConnell get away in 2019.
  • Exploring potential options for the Sixers‘ No. 3 overall pick, Adam Aaronson of PhillyVoice enlists a series of fellow NBA reporters to help him evaluate hypothetical trades. Aaronson offers up proposals involving the Rockets, Hawks, Nets, Bulls, and Wizards and goes back and forth with writers who cover those teams to figure out if there’s a viable deal to be made.
  • After Celtics president of basketball operations Brad Stevens said in his end-of-season media session that big man Kristaps Porzingis is dealing with post-viral syndrome, Tess DeMeyer of The Athletic takes a closer look at what exactly that means. As DeMeyer explains, post-viral syndrome can make person feel drained and weak for days or months after experiencing a viral illness, and even someone in peak health can have a hard time moving past the symptoms. Stevens expressed optimism on Monday that Porzingis will be back to 100% by the start of next season.

CBA Observations: Kuminga, D. Robinson, Cavs, Frozen Picks

While the NBA's current Collective Bargaining Agreement technically went into effect in 2023, many of the rules affecting tax apron teams weren't fully implemented until 2024. As a result, last summer was a crash course for teams, fans, and reporters alike on those new rules, giving us our first look at the impact they'll have on team-building going forward.

With the 2024/25 season under our belts, we're better equipped entering the 2025 offseason to assess how those new rules - and some old ones - will affect teams' ability to make trades and sign free agents this summer. Still, I've seen some confusion and misrepresentation regarding a few specific rules as speculation about offseason roster moves begins to heat up this spring, so we'll use the space below today to provide clarity on some of those issues.

Let's dive in...


A potential Jonathan Kuminga sign-and-trade

With Warriors forward Jonathan Kuminga headed for restricted free agency this offseason after playing an inconsistent role in his fourth NBA season, there has been a good deal of speculation already about whether Golden State will attempt to recoup value for Kuminga via a sign-and-trade rather than simply re-signing him or matching a rival offer sheet.

I'm not here today to weigh the merits of one path vs. the other. I just want to examine what it would look like from a practical perspective if the Warriors do sign-and-trade Kuminga, since the base year compensation rule would come into play.

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Celtics Notes: Craig, Luxury Tax, Brown, Pritchard

Although he had a limited role after signing with the Celtics, Torrey Craig is interested in staying with the team next season, according to Souichi Terada of MassLive. The veteran forward started the season in Chicago, but was sidelined for weeks by an ankle injury and only got into nine games. The Bulls waived him on February 3, and Boston signed him five days later to fill an opening on its 15-man roster.

“I guess we’ll cross that path when we get there,” Craig said after the team was eliminated last week in New York. “I have to sit down with my representatives, my agents and talk things through and see the options. But I wouldn’t mind re-signing here.”

Craig, 34, appeared in 17 games with the Celtics, making three starts and averaging 2.7 points and 2.8 rebounds in 11.8 minutes per night. He may have a larger role if he re-signs with the team because Jayson Tatum will miss most or all of the season with a torn Achilles and several rotation players might be traded to save money.

Craig said he enjoyed being in Boston despite the limited playing time.

“Just the togetherness,” he said. “Everybody in the locker room is for one another, all the way down to the front office, the coaching staff. Family-oriented. Yeah, it’s just a wholesome place to be around.”

There’s more from Boston:

  • Brian Robb of MassLive suggests the Celtics should set a goal of getting under the luxury tax instead of just ducking below the second apron. The team is facing the repeater tax in 2025/26 with its current roster, and Robb points out that there are long-term benefits that go with resetting the repeater clock. Unloading both Kristaps Porzingis and Jrue Holiday wouldn’t be enough to push the Celtics below the projected $187MM tax line, but Robb notes that they don’t have to get there until the end of the season. That provides time to monitor Tatum’s recovery before making a final decision on the strategy.
  • Watching Jaylen Brown in the unquestioned alpha role is one of the reasons for optimism next season, per Chris Forsberg of NBC Sports Boston. Forsberg states that Brown has steadily improved as a play-maker and tends to have his best performances when Tatum isn’t active, such as Game 2 against Orlando and Game 5 against New York in this year’s playoffs. Forsberg is also looking forward to seeing Payton Pritchard as a possible starter and finding out which of the team’s younger players can excel in an expanded role.
  • There were warning signs of a potential Celtics collapse long before it happened, according to Steve Bulpett of Heavy. Bulpett looks back at a 7-7 stretch in December and January when the team developed bad habits and began letting big leads slip away.

Fischer’s Latest: Sixers’ Draft Plans, George, Spurs, Durant, Holiday

The Sixers will listen to offers for the No. 3 pick in next month’s draft, but they aren’t expected to part with it unless they get another high selection in return, Jake Fischer of The Stein Line reports in his latest Substack column (subscription required).

There has been speculation that president of basketball operations Daryl Morey might be interested in moving the pick in exchange for a veteran who could offer immediate help to a team that’s coming off a 24-58 season. However, Fischer states that the front office recognizes the value of having young players on rookie-scale contracts in the apron era.

Jared McCain, last year’s first-round pick, got off to a strong start before tearing his meniscus in December and undergoing season-ending surgery. Morey is counting on McCain to return and form a solid young core with Tyrese Maxey and this year’s pick that will fit well alongside Joel Embiid and Paul George.

Fischer indicates that rival teams with interest in trading for the No. 3 pick are split over whether Rutgers forward Ace Bailey or Baylor guard V.J. Edgecombe is the better selection. He adds that Texas guard Tre Johnson may also be in that mix.

Fischer shares more inside information from around the NBA:

  • The Sixers aren’t trying to get rid of George, and Fischer calls recent reports that they might package the No. 3 pick to unload his contract a “misread” of the situation. Fischer states that the team understands George’s value is at a low point coming off an injury-plagued season, and teams will be wary of taking his contract, which has three years and $162.4MM remaining. Fischer adds that Philadelphia is unlikely to pursue a George trade unless he requests it.
  • “Numerous rival teams” have told Fischer that they expect the Spurs to hold onto the No. 2 selection and draft Rutgers guard Dylan Harper, even though he’s not a perfect fit with De’Aaron Fox and Stephon Castle.
  • The Suns haven’t started trade discussions involving Kevin Durant, and Fischer cautions that it’s not a sure thing he’ll be moved this summer. New general manager Brian Gregory has been focused on finding a head coach, trimming the list of candidates down to nine over the weekend. Fischer reports that Phoenix will be in the market for a starting-level center during the offseason.
  • Jrue Holiday has been a popular name in trade rumors, but Fischer hears that the Celtics may not have an easy time moving him. Multiple rival executives have told Fischer that Boston will have to include a sweetener, likely in the form of draft picks, to get anyone to take on the $104MM that the 34-year-old Holiday is owed over the next three years.

Draft Notes: Celtics, Flagg, NBA Comparables, McGlockton

When he reported last week that the Celtics interviewed projected No. 1 overall pick Cooper Flagg and probable top-10 pick Tre Johnson at the draft combine in Chicago, Kevin O’Connor of Yahoo Sports (Twitter video link) cautioned not to read too much into it.

Celtics president of basketball operations Brad Stevens confirmed as much at his end-of-season media session on Monday, explaining that those meetings don’t mean the team is thinking about trying to acquire a top draft pick, as Khari A. Thompson of Boston.com relays.

“We can rank who we want to talk to and the people we know we can’t get in to work out is how we decide who we want to talk to at the combine,” Stevens said. “Otherwise, we may never get to talk to them again. So, the only people that will come in and work out for us are the people in our range or maybe they’re at the bottom end of our range or whatever the case may be.

“… Will there be fireworks on draft night? I can’t imagine, but again, who knows? I wouldn’t guess with us, no.”

As O’Connor notes, teams are permitted a limited number of interviews with prospects at the combine, so Stevens and the Celtics determined it didn’t make sense to use that opportunity to talk to prospects who will likely be willing to visit Boston in the coming weeks anyway. The Celtics hold the 28th and 32nd overall picks in this year’s draft.

Here are a few more draft-related notes:

  • Which NBA players do some of this year’s top prospects model their games after? Mike Vorkunov of The Athletic passes along answers from 13 draft-eligible players, including Rutgers’ Dylan Harper comparing himself to “big guards like Cade Cunningham, James Harden, and Shai (Gilgeous-Alexander)” and UConn’s Liam McNeeley likening his game to that of Gordon Hayward.
  • Using player measurement data from this year’s combine, including height, standing reach, wingspan, and more, Frank Urbina and Alberto de Roa of HoopsHype take a look at which current and former NBA players are the best points of comparison for this year’s top prospects.
  • After testing the draft waters this spring, junior Vanderbilt forward Devin McGlockton plans to withdraw from the draft and return to school for his senior year, tweets Jon Rothstein of CBS Sports. McGlockton, who wasn’t on ESPN’s list of 2025’s top 100 prospects, averaged 10.3 points, 7.9 rebounds, and 1.1 blocks per game on .568/.338/.667 shooting for the Commodores in 2024/25.
  • NCAA early entrants in this year’s draft pool have until next Wednesday to decide whether or not to withdraw. While the NBA’s withdrawal deadline is June 15, college players who withdraw between May 29 and June 15 would forfeit their remaining NCAA eligibility. The full list of draft-related dates and deadlines for 2025 can be found here.

Atlantic Notes: Towns, Knicks, Holiday, Porzingis, Sixers

Karl-Anthony Towns gave the Pacers fits this season and the Knicks hope that continues over the next two weeks. He averaged 30.3 points, 12.0 rebounds, 1.7 blocks and 46.7 percent from three-point range in 36.5 minutes per contest vs. Indiana, Zach Braziller of the New York Post notes, with the Knicks winning two of three regular-season matchups between the Eastern Conference finalists.

Towns will likely be matched up against Myles Turner, who averaged 19.5 points and 2.5 blocks per game against New York this season.

We have more from the Atlantic Division:

  • The Knicks have been named the 2024-25 NBATA Athletic Training Staff of the Year, Mike Curtis of the Dallas Morning News tweets. New York’s training staff is led by Casey Smith, VP of Sports Medicine. The staff also includes senior athletic trainer Heather Mau. Smith and Mau are former members of the Mavs’ training staff, Curtis notes. Smith was fired in 2023 by Dallas GM Nico Harrison.
  • All the extensions that the Celtics handed out last offseason could prove detrimental unless the front office can find a good trade offer for Jrue Holiday or Kristaps Porzingis, Brian Robb of MassLive.com opines. Holiday still has value but his production tailed off this season and he’s owed $104MM over the next three years. Porzingis has an expiring contract but has contributed little in the last two postseason due to injury and illness. A more dramatic reset for the franchise could be required if shedding these big-money contracts ends up costing Boston valuable assets, Robb concludes.
  • While there has been some speculation that the Sixers will shop the No. 3 overall pick, Kyle Neubeck of PHLY Sports hears an entirely different story. A source told him that the front office isn’t interested in packaging that pick to acquire a veteran star (Twitter link). The team has spoken publicly about wanting to add more youth and athleticism to its core, Neubeck notes, and the No. 3 pick will provide an opportunity to do just that.

Stevens: More Time Required To Determine Offseason Plans

Celtics president of basketball operations Brad Stevens didn’t provide any clarity during his postseason press conference on his approach to a challenging offseason. Stevens said that the organization remains driven to compete for championships but there are other factors that must be considered.

“I know there will be a lot of questions about what’s next,” Stevens said, per Brian Robb of MassLive.com. “I’ll talk probably more about that at the draft time when we have a better idea after meeting with all the key stakeholders and everybody else about what next steps might be. At the end of the day, I think that will all be driven by the same thing that’s always driven us and that is how do we get ourselves in the mix to compete for championships best.”

Numerous players were signed to extensions last offseason after the Celtics won the championship. The cost of carrying those players will rise exponentially — their payroll for next season is projected to be around $225MM, with repeater tax penalties totaling approximately $280MM.

This comes at a time when majority ownership is due to change hands.  The new ownership group, led by William Chisholm, is expected to be approved by the NBA’s Board of Governors next month, according to Robb. It’s unknown whether the new owners are willing to take on that kind of penalty.

“The CBA has been well-known for years,” Stevens said. “So there are penalties associated with being at certain levels, and we know that. You just weigh that. You weigh where we are. You weigh everything else then you make those decisions. You have to have the clarity of a full season and a full playoffs and, like I said, a couple good night’s sleep. Then everybody gets in a room and put your heads together and figure out what’s next.”

Another major factor in the Celtics’ offseason approach will be the likely season-long absence of star forward Jayson Tatum, who tore his Achilles during their second-round series. It was later revealed that Jaylen Brown played with partially torn meniscus in his right knee, while Kristaps Porzingis continued to battle a lingering illness. Stevens wouldn’t blame the series loss to the Knicks on those setbacks.

“The reality is we blew the first two games and that’s why we put ourselves in a tough spot. … That’s not on any one person,” Stevens said, per The Associated Press. “It’s not out of maliciousness. It’s not out of a bad decision. It’s not bad luck. It’s we had an opportunity to win those first two home games and we put ourselves behind the eight ball.”

Brown’s knee issues cropped up in March, Stevens said.  However, the knee injury wasn’t severe enough to keep him off the court, as Robb relays.

“Jaylen wants to play, Jaylen’s a warrior, Jaylen takes great pride in being out there,” Stevens said. “And at the same time, he saw obviously our team docs and a couple of other people and as he even said a couple weeks ago, the knee’s in a good place structurally. And so I think he felt comfortable getting out there and going after it. And hopefully he’ll feel better after being off it for a couple weeks here. The unfortunate part is we’re done in the middle of May, but some of these guys who have some nicks, bruises and other things that it’ll be good to get some rest.”

Porzingis’ illness was described to Stevens as “post-viral syndrome,” The Athletic’s Jay King tweets. Stevens believes Porzingis’ health issues will be “well cleared up” by the time he plays for Latvia in EuroBasket this summer.

Stein’s Latest: Holiday, White, Porzingis, Williamson, Mavs, Dumont

The early speculation regarding the Celtics’ offseason is that Jrue Holiday is more likely to be moved than backcourt partner Derrick White, Marc Stein reports in his latest Substack article.

Holiday has three years remaining on a four-year, $134MM contract, which includes a $37.2MM player option in the final year of the deal. White’s four-year, $118MM extension, which kicks in next season, includes a $34.8MM player option for 2028/29.

Kristaps Porziņgis $30.7MM expiring contract is viewed by outside executives as the most movable on Boston’s roster, according to Stein. However, Porzingis’ mysterious illness, which lingered during the final month of the regular season through the playoffs, may give potential suitors pause.

It should be noted that the need to make some roster adjustments was anticipated before Jayson Tatum‘s Achilles tendon injury, which will likely sideline him though next season. The Celtics’ brass is confronted by luxury tax concerns and tax apron constraints.

Here’s more from Stein:

  • League sources tell Stein that Zion Williamson‘s presence at the draft lottery was indeed a signal from the Pelicans’ new front office that they’ll continue to make him the team’s centerpiece, rather than looking to deal him. Williamson represented New Orleans at the lottery, though he didn’t bring good luck — the club slid to the No. 7 pick.
  • While the Mavericks haven’t been overt about it, they have no plans to field trade offers for the No. 1 overall pick. “Not even for Giannis (Antetokounmpo),” a source briefed on the team’s thinking told Stein. The team’s ownership and front office realize they must rebuild trust with their fan base by drafting Cooper Flagg as the new face of the franchise. The Mavericks are expected to soon secure their first in-person meeting with Flagg.
  • New majority owner Patrick Dumont, who is based in Las Vegas, has visited Dallas multiple times since the Mavericks’ season ended in early April. That has reinforced the notion that Dumont remains in general manager Nico Harrison’s corner as the franchise’s top decision-maker, says Stein.

Celtics Notes: Kornet, Holiday, Brown, White

With the Celtics looking for ways to cut costs this offseason, it’s possible that re-signing Luke Kornet will be a luxury they can’t afford. The 29-year-old backup center wasn’t ready to address his future at Saturday’s exit interviews, according to Souichi Terada of MassLive.

“Regarding going forward it’s like, I’ll figure out stuff when it kind of comes to it,” Kornet said. “At this point, you’re just kind of trying to unwind and spend some time with family and you don’t even know what everything is gonna look like because you just got done playing. That’s kind of what it is for now.”

Kornet, who has been with the team since being acquired at the 2022 trade deadline, turned out to be a bargain on the one-year, minimum-salary contract he signed last summer. He brought stability to Boston’s frontline, appearing in 73 games and averaging 6.0 points and 5.3 rebounds in 18.6 minutes per night. He helped the Celtics extend their second-round series with a near triple-double in Game 5 and was in the starting lineup for Game 6.

Keeping Kornet could become more important than ever with Al Horford uncertain about returning for another season. Boston owns Kornet’s Bird rights, but second apron restrictions and a huge projected tax bill will likely limit what the team is willing to offer.

“The year, obviously it didn’t ultimately end in what we wanted to do and accomplish,” Kornet added. “It’s like a good deal to look back on well. I mean obviously the day after, that’s a little tough. But I think that it was a little more time to be able to kind of appreciate things for what they were. Obviously we had some good stretches and we ultimately came short, so it’s just kind of the taste in the mouth for the time being.”

There’s more from Boston:

  • Jrue Holiday has been mentioned as a potential trade candidate because of his hefty salary, but he believes the Celtics can remain title contenders if the core of the team stays together, Terada states in a separate story. Holiday has three seasons left on his four-year, $134.4MM extension, including a $37.2MM player option in 2027/28. “We still have a really, really great opportunity and a great window to be successful and win a championship again,” he said. “I think the talent that we have on this team, not only on the court, but the coaching staff all the way up to (president of basketball operations Brad Stevens) has been amazing. So, the opportunity to win is now, and I still want to be a part of that.”
  • Jaylen Brown, who has been diagnosed with a partially torn meniscus, offered a message of hope to Celtics fans after being eliminated, Terada adds in another piece. Brown expects the team to bounce back quickly, even though Jayson Tatum is sidelined indefinitely after having surgery to repair a torn Achilles. “This journey is not the end; it’s not the end for me,” Brown said. “I’m looking forward to coming back stronger, so you just take this with your chin up. I know Boston, it looks gloomy right now, obviously with JT being out and us kind of ending the year. But it’s a lot to look forward to. I want the city to feel excited about that. This is not the end, so I’m looking forward to what’s next.”
  • Derrick White appears likely to stay in Boston because he’s delivering good value on his contract, observes Brian Robb of MassLive. White acknowledged that changes are likely coming to the team, adding that his priority will be improving during the summer. “I just gotta focus on what I need to focus on, which is obviously I have a lot of room for improvement,” White said. “So I gotta get better. People are going to do their jobs and my job right now is to get better.”