{"id":133644,"date":"2024-01-27T15:24:09","date_gmt":"2024-01-27T20:24:09","guid":{"rendered":"https:\/\/www.clnsmedia.com\/?p=133644"},"modified":"2024-01-27T15:24:09","modified_gmt":"2024-01-27T20:24:09","slug":"how-jrue-holidays-contract-extension-will-impact-the-celtics-long-term","status":"publish","type":"post","link":"https:\/\/www.clnsmedia.com\/?p=133644","title":{"rendered":"How Jrue Holiday’s Contract Extension Will Impact the Celtics Long Term"},"content":{"rendered":"

Jrue Holiday\u2019s arrival in Boston came after undergoing extension talks with the Bucks last summer, saying then that he hoped to stay in Milwaukee for the remainder of his career. Soon, he landed in Portland after the shocking Damian Lillard trade, assessing various destinations where the Trail Blazers could re-route him before training camp. Holiday quickly settled on the\u00a0Boston Celtics\u00a0as his preference.<\/p>\n

So it came as no surprise that, despite Boston and Holiday being unable to discuss an extension until April due to NBA trade rules,\u00a0the guard told\u00a0MassLive\u00a0<\/em>this week<\/a>\u00a0that he hopes to remain a member of the Celtics long-term rather than going into free agency this summer. This could mark the end of Holiday\u2019s four-year contract if he opts out of his $37.4-million final season for 2024-25, as\u00a0MassLive<\/em>\u00a0also reported he would be expected to.<\/p>\n

While it seems inevitable that Holiday will return to Boston next year in some capacity, it\u2019s less clear how the Celtics will juggle a potentially league-leading salary commitment once Jayson Tatum signs a super max extension this offseason and Derrick White agrees to a long-term deal with Boston. Tatum\u2019s new contract would begin in 2025-26, as would White\u2019s, while Jaylen Brown\u2019s super max starts next year alongside Kristaps Porzingis\u2019 new $30-million salary across the next two years marks a small decrease from his current salary.<\/p>\n

The Celtics have to hope both Holiday and White work with the team like Porzingis did to find a more manageable cap figure to allow the team to stay together. Wyc Grousbeck has given Boston the green light to spend whatever it needs to in order to win now, as Brad Stevens said multiple times, but it\u2019s unclear how far and long that\u2019ll extend. Especially when the new NBA CBA implemented a new apron structure that heavily penalizes teams that spend at the top-level in the league, including larger multipliers on the highest spenders and the eventual repeater tax the Celtics will face.<\/p>\n

This year\u2019s roster will cost a projected $222,586,556, including $39.1-million in luxury tax in what\u2019ll become the team\u2019s second straight year above the tax line. The repeater tax begins when teams spend three out of four years there, so those extra penalties on Boston would begin for the 2026 season when their largest salary commitments start. During that season, Tatum will make roughly $52.2 million, Brown $53.7 million and Porzingis $30.7-million with White and Holiday both due to cross that $30-million threshold at least. By then, Al Horford, Sam Hauser and Luke Kornet\u2019s current deals will finish too.<\/p>\n

Let\u2019s start with Holiday, since White is signed for one more year at $19.6 million. If he declines his player option, Holiday\u2019s eligible to sign a four-year deal that begins at a maximum 140% above what he made this season, so up to around $51 million before up to 8% raises. While that figure is improbable and unfeasible for the Celtics, with Holiday approaching $300-million in career earnings, it\u2019s worth considering whether Holiday would take a pay cut below what he\u2019s making now to help keep Boston\u2019s roster together long-term. Holiday\u2019s agent is Jason Glushon, who negotiated Brown\u2019s super max and Horford\u2019s current two-year, $19.5-million contract that runs through 2025. Neither providing Boston a break.<\/p>\n

\u201cI think everybody kind of knows we\u2019re set and we\u2019re set for a long period,\u201d Holiday told\u00a0MassLive<\/em>. \u201cNo matter what happens, you are going to come back here with the same guys for the most part. Things happen but I think you lock into that, being able to have that comfortability and just kind of that pressure off of you about what\u2019s next.\u201d<\/p>\n

Holiday and Boston are eligible to agree to an extension six months after his trade to the Celtics, which falls on Apr. 1. If Holiday and White both effectively split a max contract, worth roughly $25-30 million in year one and $100-120 million over the length of the deal, it\u2019ll allow the Celtics to pay under $200-million for next year\u2019s team with a similar $30-million tax hit. Of course, Boston won\u2019t be able to utilize the mid-level exception, aggregate salaries in trades, take in any amount of money more than they send out in a deal and will see their draft pick seven years into the future frozen, among other restrictions.<\/p>\n

White is currently capped at a $27.4-million starting salary in his new contract due to his relatively low current deal. That allows some negotiating room below that max number, approximately $123 million over four years, though avoiding White becoming one of the 2025 summer\u2019s top unrestricted free agents with unlimited room to drive up his worth would seemingly be an incentive to decide on his contract this summer, when he\u2019s eligible to extend. A $25-million deal for White and Holiday would cost the Celtics $188.8-million between seven players. That alone reaches the expected luxury tax line that season, with any extra demands beyond that bare minimum thrusting Boston into repeater territory.<\/p>\n

That underscores the importance of these next two years because as Gordon Hayward and Horford previously taught the Celtics, there\u2019s no guarantee of a home town discount. Especially in an era where fewer top-level players reach free agent. For Boston, Holiday\u2019s desire to stay with the team for the rest of his career could help beginning this spring.<\/p>\n

\u201cMy last extension was during the course of the year,\u201d Holiday said. \u201cI think that we can do both, talk about it and as well as prepare for games and prepare for what the future is.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Jrue Holiday\u2019s arrival in Boston came after undergoing extension talks with the Bucks last summer, saying then that he hoped to stay in Milwaukee for the remainder of his career. Soon, he landed in Portland after the shocking Damian Lillard trade, assessing various destinations where the Trail Blazers could re-route him before training camp. Holiday<\/p>\n","protected":false},"author":254,"featured_media":133645,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[3537,3538],"tags":[],"class_list":["post-133644","post","type-post","status-publish","format-standard","has-post-thumbnail","category-home-featured-banner","category-nba-featured-banner"],"yoast_head":"\nHow Jrue Holiday's Contract Extension Will Impact the Celtics Long Term - CLNS Media<\/title>\n<meta name=\"description\" content=\"Jrue Holiday told MassLive he's interested in signing an extension with the Celtics this spring, which he's eligible to do on Apr. 2.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.clnsmedia.com\/?p=133644\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Jrue Holiday's Contract Extension Will Impact the Celtics Long Term - CLNS Media\" \/>\n<meta property=\"og:description\" content=\"Jrue Holiday told MassLive he's interested in signing an extension with the Celtics this spring, which he's eligible to do on Apr. 2.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.clnsmedia.com\/?p=133644\" \/>\n<meta property=\"og:site_name\" content=\"CLNS Media\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CLNSmedia\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-27T20:24:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.clnsmedia.com\/wp-content\/uploads\/2024\/01\/USATSI_22270118-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1706\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bobby Manning\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@clnsmedia\" \/>\n<meta name=\"twitter:site\" content=\"@clnsmedia\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bobby Manning\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.clnsmedia.com\\\/?p=133644#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.clnsmedia.com\\\/?p=133644\"},\"author\":{\"name\":\"Bobby Manning\",\"@id\":\"https:\\\/\\\/www.clnsmedia.com\\\/#\\\/schema\\\/person\\\/4dea6d4320cd823227ce4e09b03a87d2\"},\"headline\":\"How Jrue Holiday’s Contract Extension Will Impact the Celtics Long Term\",\"datePublished\":\"2024-01-27T20:24:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.clnsmedia.com\\\/?p=133644\"},\"wordCount\":953,\"publisher\":{\"@id\":\"https:\\\/\\\/www.clnsmedia.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.clnsmedia.com\\\/?p=133644#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.clnsmedia.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/USATSI_22270118-scaled.jpg\",\"articleSection\":[\"Home Featured Banner\",\"NBA Featured Banner\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.clnsmedia.com\\\/?p=133644\",\"url\":\"https:\\\/\\\/www.clnsmedia.com\\\/?p=133644\",\"name\":\"How Jrue Holiday's Contract Extension Will Impact the Celtics Long Term - CLNS Media\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.clnsmedia.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.clnsmedia.com\\\/?p=133644#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.clnsmedia.com\\\/?p=133644#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.clnsmedia.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/USATSI_22270118-scaled.jpg\",\"datePublished\":\"2024-01-27T20:24:09+00:00\",\"description\":\"Jrue Holiday told MassLive he's interested in signing an extension with the Celtics this spring, which he's eligible to do on Apr. 2.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.clnsmedia.com\\\/?p=133644#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.clnsmedia.com\\\/?p=133644\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.clnsmedia.com\\\/?p=133644#primaryimage\",\"url\":\"https:\\\/\\\/www.clnsmedia.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/USATSI_22270118-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/www.clnsmedia.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/USATSI_22270118-scaled.jpg\",\"width\":2560,\"height\":1706,\"caption\":\"Jan 11, 2024; 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