Last October, Danny Ainge came to the table and offered Marcus Smart a 4-year $50 million dollar extension. Marcus turned that down in hopes of getting closer to $60 million this summer. As it turns out, Smart will re-up in Beantown for 4 years and $52 million.
Today, we celebrate, Smarf stans pic.twitter.com/ZeFViUo1rT— Andrew Doxy (@ParaDoxy11) July 19, 2018
After resigning Aron Baynes, Boston didn’t have much room to spare to avoid the $123 million luxury tax line. This is important for Boston because they will have to pay Kyrie Irving (and maybe Terry Rozier??) next summer and Jaylen Brown and Jayson Tatum the two following summers, which will likely launch the C’s in to the repeater tax by 2022.
Restricted free agent Marcus Smart has agreed to a four-year, $52M deal to return to the Boston Celtics, league sources tell Yahoo Sports.— Shams Charania (@ShamsCharania) July 19, 2018
The repeater tax is why the Oklahoma City Thunder will have to pay $300 million for their $125 million dollar roster this coming season, so Ainge’s willingness to go in to the luxury tax this summer by paying Smart (thus starting Boston repeater tax timeline, will have to pay the repeater tax if the team is over the luxury tax line in any three out of four year span) shows exactly how much Smart means to the team. If anyone needs a reminder on the things Smart brings to the Celtics, I always love reliving the ending of this game ⬇️⬇️⬇️
Marcus Smart is resigning with the Celtics. This is still one of the craziest moments from the entire NBA season ☘️ pic.twitter.com/TxgeogLRKY— Baseline Hoops (@baseline_hoops) July 19, 2018
Here is some more info on all the intricacies of Smart’s deal ⬇️
Marcus Smart’s deal is fully guaranteed for all four years with no options and will follow the standard 8% raise structure starting at around $11.6 million, a league source tells The Athletic.— Jared Weiss (@JaredWeissNBA) July 19, 2018
But the good news is Cowboy fans will get to see Smart play winning basketball on one of the league’s best teams for years to come, and at a great price for Smart and for Boston. Now its time to bring Larry back to Boston!
Congratulations Cowboy, you got that bag!