According to the Boston Herald, Paul Pierce will be a member of the Celtics for the next three (maybe four years). The contract is reportedly for four years only three of which are guaranteed. It seems weird that with Pierce having all the leverage in this situation, even being able to negotiate a no-trade clause, winds up with an non-guaranteed fourth year. Also, he apparently took way less money:
The numbers were not available, but Pierce will in the 2010-11 season make significantly less that the $21,513,521 he was scheduled to receive. That will aid the Celtics’ position versus the luxury tax.
This is what Celtics fans have been hoping for all along. Not only is Pierce a team player, but that team appears to exclusively be the Celtics.
According to a source close to the Celtics, Pierce’s new contract is a 4-year, $61 million deal.
Okay, not exactly a max contract but not chump change either. That fourth year still baffles me.
Update #2: Goodman stikes again! And I am no longer baffled:
Source also told FOXSports.com that all four of Pierce’s years on his new deal will be guaranteed.