Marcus Smart essentially ended up with the same contract as the one the Celtics offered him via an extension last fall, sources tell Steve Bulpett of the Boston Herald. The combo guard inked a four-year deal worth $52MM on Thursday.
That contract technically has a base value of $50MM, but annual $500K bonuses will bring the total value to $52MM, notes Fred Katz of MassLive.com (Twitter link). Those incentives aren’t linked to playoff success or individual accolades, but rather to body-fat and weigh-in requirements, according to Katz. They’re considered likely to be earned, which means they’ll count toward Smart’s annual cap hits.
With Smart under contract, the Celtics are now about $3.9MM over the luxury-tax line, tweets cap expert Albert Nahmad. Boston could cut costs slightly by waiving Abdel Nader‘s partially guaranteed contract, which could also open up a roster spot for two-way free agent Jabari Bird, as Nahmad observes. Trading Marcus Morris‘ $5.38MM salary at some point could allow the C’s to avoid the tax, but there’s no indication the team is considering that for now.
Here’s more from Boston:
- The Celtics may have first reached a four-year, $52MM agreement with Smart on Tuesday — a source tells Jordan Schultz of Yahoo Sports (Twitter link) that GM Danny Ainge changed his mind after initially making an offer at that price. In the ensuing 48 hours, Ainge changed his mind again and the deal was finalized, says Schultz.
- Three player agents tell Steve Bulpett of The Boston Herald that they expect Kyrie Irving to opt out and leave the Celtics next summer. However, sources close to Irving tell Bulpett that the point guard is happy with Boston and has been talking about his future with the franchise beyond the 2018/19 season.
- In an Insider-only piece, ESPN’s Kevin Pelton explores what Smart’s new deal means for Irving and Terry Rozier, speculating that the Celtics may eventually have to decide between Smart and Rozier.
- Re-signing Smart was worth the cost for the Celtics, according to Jeremy Woo of SI.com, who gives the club a B grade for the move.
- During a media appearance on Thursday, Gordon Hayward expressed confidence that he’ll be back at full speed by August, suggesting he’ll “see how [his] ankle reacts to that,” per Jacob Wolf of ESPN.com. Hayward also said he likes the Celtics’ chances to make a run at a title in 2018/19.
Chris Crouse contributed to this post.