Celtics formally signal Kristaps Porzingis to contract extension; full Grant Williams sign-and-trade deal

Lower than a month after the Celtics pulled off a blockbuster, three-team swap to usher in Kristaps Porzingis, Boston is formally retaining the large man in place for the foreseeable future.

The Celtics introduced on Wednesday afternoon that it has formally signed Porzingis to a contract extension, finishing an anticipated transaction that was first reported again in late June.

Although the 7-foot-3 heart was eligible to signal a two-year, $77 million extension, league sources advised Adam Himmselbach of The Boston Globe that Porzingis signed a two-year, $60 million contract with Boston. 

Porzingis is now signed by means of the 2025-26 season, with the 27-year-old heart/energy ahead taking a $36 million participant possibility this 12 months with a view to facilitate the commerce from Washington to Boston.

He’s coming off of arguably one of the best season of his profession with Washington in 2022-23, averaging 23.2 factors per recreation to go together with 8.4 rebounds per recreation. He shot 49.8 p.c from the sector and 38.5 p.c from past the arc.

It was a busy transactional day for the Celtics, as Boston additionally formally introduced the sign-and-trade take care of the Mavericks and Spurs that despatched Grant Williams to Dallas with a brand new four-year, $53 million contract.