What is the Boston Celtics' cap space? Exploring team's financial flexibility this summer

Milwaukee Bucks v Boston Celtics - Game Five
Milwaukee Bucks vs Boston Celtics - Game Five

The Boston Celtics were active on the trade market ahead of the 2023 NBA draft. The Celtics pulled off a three-team deal with the Washington Wizards and Memphis Grizzlies to acquire Kristaps Porzingis.

Boston traded Marcus Smart to the Grizzlies, as well as Danilo Gallinari, Mike Muscala and the 35th overall pick to the Wizards. The Grizzlies also sent the No. 25 pick and a 2024 first-rounder from the Golden State Warriors to the Celtics.

To facilitate the trade, Porzingis had to opt into his $36 million contract for next season. He will be the highest-paid player for Boston, while Washington also got Tyus Jones from Memphis.

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Before the Kristaps Porzingis trade, the Boston Celtics had an active roster cap of $166,052,026.

They're way over the salary cap for the 2023-24 NBA season, which was set at $136 million. They were also set to go over the luxury tax of $165 million, which means they will have a luxury tax bill of over $1.7 million next season.

Also Read: "It's gonna feel so weird" - Victor Wembanyama looking forward to facing LeBron James next season


Boston Celtics updated salaries for next season

Kristaps Porzingis is now with the Boston Celtics.
Kristaps Porzingis is now with the Boston Celtics.

Kristaps Porzingis will be the Boston Celtics' highest-paid player next season at $36 million.

The Celtics' overall salary for the 2023-24 NBA season rose by $7.1 million and will be around $173.1 million. They will have a higher luxury tax bill, too. Here are their current player salaries:

  • Kristaps Porzingis, $36 million
  • Jayson Tatum, $32.6 million
  • Jaylen Brown, $28.5 million
  • Malcolm Brogdon, $22.5 million
  • Derrick White, $17.6 million
  • Robert Williams III, $11.6 million
  • Al Horford, $10.0 million
  • Payton Pritchard, $4.0 million
  • Luke Kornet, $2.4 million
  • Sam Hauser,: $1.9 million
  • Justin Champagnie, $1.9 million

Boston will have to decide if they want to bring back Grant Williams, who will be a restricted free agent this summer. The acquisition of Porzingis might have sealed his fate with the Celtics, as Al Horford will likely come off the bench and take over his role.

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Jaylen Brown is also eligible to sign a supermax contract this summer. Brown and Tatum have led Boston to four Eastern Conference Finals and one NBA Finals appearance in their six seasons together.

Also Read: "3rd time gotta be the charm" - LA Lakers fans feeling optimistic about recent Myles Turner and Buddy Hield trade rumors


Boston Celtics looking to bounce back next season

Jaylen Brown and Jayson Tatum of the Boston Celtics
Jaylen Brown and Jayson Tatum of the Boston Celtics

The Boston Celtics fell short in the playoffs against the Miami Heat. The Celtics came back from 3-0 down in the Eastern Conference Finals to force a Game 7. However, they lost that game at home and failed to make it to back-to-back NBA Finals.

Nevertheless, it was not a poor rookie season for coach Joe Mazzulla, who was elevated tothe position after Ime Udoka's suspension and subsequent dismissal. With the Kristaps Porzingis deal, it appears that the Celtics' front office is molding their roster to what Mazzulla likes.

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Also Read: "Chop wood carry water" - Latest post from Ben Simmons shows Brooklyn Nets star looking to get back to his best

Boston Celtics Nation! You can check out the latest Boston Celtics Schedule and dive into the Celtics Depth Chart for NBA Season 2024-25.

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Edited by Juan Paolo David
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