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Boston Celtics’ star forward Jayson Tatum has agreed to a contact extension to remain with the reigning NBA champions, the team announced July 6.
Synonymous with Celtics greatness ☘️
Big Deuce is here to stay: https://t.co/h6HKc3ON24 pic.twitter.com/MwNWVtPOEN
— Boston Celtics (@celtics) July 6, 2024
Per multiple reports, the five-year deal is worth up to $315 million, making Tatum the newest member of the NBA’s $300 million club. The new pact will begin with the 2025-26 season and keep the five-time All-Star in Boston through 2029-30 season. The deal includes a player option and a trade kicker, per reports.
The Athletic and ESPN were first to report the deal.
“Jayson is a special person and player, and it’s been a thrill for all of us to watch his entire journey in Boston,” said Brad Stevens, President of Basketball Operations.
“He has embraced all that comes with being a great Celtic, and shows consistent and genuine care for every one of his teammates, coaches, and staff across the organization. Despite all the team accomplishments and individual awards, Jayson is committed to constantly improving. He works hard and is extremely driven by the challenges of the game – especially the goal of competing with his teammates for championships. We are obviously ecstatic that Jayson chose to extend his contract and add to his amazing career as a Boston Celtic.”
Tatum’s supermax contract becomes the largest in NBA history, supplanting the one signed last offseason by teammate Jaylen Brown, when he inked a five-year deal that will pay him up to $304 million.
Tatum averaged 26.9 points, 8.1 rebounds, 4.9 assists and shot 47% from the field in earning All-NBA First Team honors for the third consecutive season. Those numbers grew to 25 points, 9.7 rebounds and 6.3 assists per game during a playoff run in which he eclipsed 30 points six times, including 31 in their championship-clinching Game 5 win against the Dallas Mavericks.
He will look to add to his hardware this summer as a member of the U.S. men’s basketball team when it attempts to capture its fifth consecutive gold medal. Tatum previously won a gold medal at the Tokyo Olympics in 2020.
News of Tatum’s deal came on the same day that fellow Celtics starter Derrick White reportedly agreed to a four-year, $126 million extension. All five of Boston’s starters — Tatum, Brown, White, Jrue Holiday and Kristaps Porzingis — were already under contract for next season. With Tatum and White’s new agreements they now all could be together through at least the 2025-26 season.
The deal also came on the heels of the Celtics ownership group, led by Wyc Grousbeck, announcing its plans to sell all of its shares by 2028.
Barring any significant roster changes, Boston is expected to have a combined payroll and luxury tax that will exceed $400 million when Tatum’s contract takes effect.
Information from The Associated Press was used in this report.