Gordon Hayward

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Report: Celtics signing Shane Larkin to guaranteed contract, still plan to sign Guerschon Yabusele

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The Celtics lost their third-string point guard (Demetrius Jackson) and plenty of big men (Kelly Olynyk, Amir Johnson, Jonas Jerebko, Tyler Zeller and Jordan Mickey)  in their quest for Gordon Hayward.

That paid off in a big way, but it’s time for Boston to restock its depth.

Enter Shane Larkin and, as previously expected, Guerschon Yabusele and Daniel Theis.

Jay King of MassLive:

The Boston Celtics have agreed to sign Shane Larkin for point guard depth, league sources confirmed to MassLive.com.

The one-year contract, which pulled Larkin away from bigger money in Europe, will be fully guaranteed for the coming season, a source indicated.

Despite adding another guaranteed contract in Larkin, the Celtics still plan to sign 2016 draft pick Guerschon Yabusele

Theis:

Theis signed a two-year deal with the first-year salary fully guaranteed, according to Adam Himmelsbach of The Boston Globe. Yabusele will be on a rookie-scale contract for a No. 16 pick.

They, with Larkin, give Boston 16 players on standard contracts – one more than the regular-season limit. All those deals apparently include guaranteed 2016-17 salaries, but the Celtics can always eat (or trade) a contract. It costs only money. This just increases the likelihood Boston fields the best possible roster after the preseason.

Larkin showed promise early in his career, opted out of a $1.5 million Nets contract then fell out of the NBA. He adds another viable point guard behind Isaiah Thomas, joining Marcus Smart and Terry Rozier. Smart and Rozier can spend time off the ball, but the 5-foot-11 Larkin probably can’t. Fortunately for Larkin’s chances of making the regular-season roster, the Celtics likely need Smart and Rozier to spend time at shooting guard after trading Avery Bradley.

Co-owner: Celtics will pay luxury tax to win a title

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The Celtics traded Avery Bradley to clear cap space to sign Gordon Hayward now, but they also positioned themselves to save a lot of money in future seasons.

Bradley and Isaiah Thomas – who wants a Brinks truck backed up – will be unrestricted free agents next summer. With Hayward and Al Horford already on new-TV-deal max contracts, keeping that core together would have been quite costly. Instead, Boston preemptively swapped Bradley for Marcus Morris, who’s locked into a relatively cheap deal for two more seasons.

Are the Celtics willing to pay the luxury tax?

Co-owner Steve Pagliuca, via Mark Murphy of the Boston Herald:

“I don’t know if it’s inevitable, but if we feel it’s going to help us win a championship, then we will,” he said. “We have a history of doing what we need to do to win.

“But you have to be careful — if you sign people to bad contracts, it’s going to preclude you from signing other players. But I’m very happy with how it’s gone.”

Nearly all owners say they’d pay the luxury tax for a winner. Fewer actually do it.

But Boston ownership has a proven track record, paying the tax every season from 2007-08 to 2012-13. In those six years, the Celtics won a title, reached two Finals and made the playoffs every year.

That was before the repeater tax came into effect, so maybe this ownership group – led by Wyc Grousbeck – won’t again approve exceeding the tax line for so many straight seasons. But with asset-rich Boston entering a lengthy period of contending, we’ll see. And we’ll see how high its payroll will get in any single year.

The Celtics have proven their willingness to pay the luxury tax. The open question is just how much of it.

But Thomas should hear a “beep, beep, beep” approaching.

Report: Jazz waiving Boris Diaw

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The Jazz were good for Gordon Hayward. He decided another team would be better for him going forward.

Boris Diaw was good for the Jazz. They decided another player would be better for them going forward.

Following Utah’s emotional reaction to Hayward leaving for the Celtics, the Jazz are back to the cold business decisions teams and players make all the time.

Tim MacMahon of ESPN:

Utah’s recent additions of Thabo Sefolosha and Jonas Jerebko – whose salaries combined exceed the mid-level exception and individually surpassed the bi-annual exception – necessitated dumping Diaw. Diaw’s $7.5 million salary is fully unguaranteed and becomes fully guaranteed Saturday. The Jazz could always trade him if a deal presents itself before Saturday, but this report suggests they’ve already canvassed and found no takers.

Utah has plenty of options to take Diaw’s minutes, in big or small lineups: Derrick Favors, Jonas Jerebko, Joe Ingles, Joe Johnson and Ekpe Udoh. None possess Diaw’s playmaking ability, but Ricky Rubio‘s talent as a singular distributor make that less of a concern.

The 35-year-old Diaw has shown significant signs of decline, but he has so much basketball intelligence and is so well-liked, he’ll likely land with a contender.

Report: Jazz signing Jonas Jerebko to two-year, $8.2 million contract

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The Jazz have avenged the Celtics poaching Gordon Hayward.

Utah is signing Jonas Jerebko, who spent the last few years in Boston.

Adrian Wojnarowski of ESPN:

When the Jazz agreed to terms with Thabo Sefolosha earlier today, it was unclear whether they’d sign him with the mid-level exception or clear cap room for him. This suggests they’ll waive Boris Diaw, whose $7.5 million salary is fully unguaranteed and becomes fully guaranteed Saturday,* to create cap space. Jerebko wouldn’t fit into the remainder of the mid-level exception or bi-annual exception.

*Utah could also clear space by trading someone, including Diaw. Waiving him is the simplest, and therefor most likely, outcome.

Jerebko would fit into the room exception, allowing the Jazz to use the rest of their cap space before finalizing his deal. If they also delay making Joe Inglescontract official – his cap hold is low, and they have his Bird Rights – they’d have a little less than $3 million available.

I’m not sure how far that money would go for Utah, which was already pretty deep even before adding Jerebko.

The 30-year-old Jerebko has seemed to figure out that his place in the league is as a hustle player who makes 3-pointers, not as the scorer he flirted with trying to become. As long as he maintains that mindset, he should be helpful as a combo forward.

Derrick Favors is better than Jerebko, but considering the tough fit with Rudy Gobert, Jerebko might even start at power forward. Though injuries factored, Diaw held down that role late last season for similar reason. Jerebko isn’t nearly the distributor Diaw is, but Utah has less use for frontcourt playmaking with Ricky Rubio. Jerebko’s floor-spacing could be sufficient, even if Joe Johnson takes over to close games.

Boston had to renounce Jerebko to clear room for Hayward. Though Jerebko had some nice moments there, I’m sure the Celtics are just fine with the de facto swap.

Report: Jazz signing Thabo Sefolosha to two-year $10.5 million contract

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The Jazz lost their biggest star in Gordon Hayward, but they’re not slipping quietly into irrelevancy.

To help remain competitive for the playoffs, Utah filling its small forward hole with Thabo Sefolosha.

Shams Charania of Yahoo Sports:

This would fit into the taxpayer mid-level exception. The Jazz could also waive Boris Diaw or Raul Neto to fit Sefolosha into cap space and use the room exception on someone else. Utah appears far enough below the apron to use the non-taxpayer mid-level exception, but this leaves more options open (signing someone else with the remaining portion of the non-taxpayer mid-level exception, acquiring a player in a sign-and-trade, eventually exceeding the apron).

Likewise, the Jazz will have plenty of options on the court at wing. Rodney Hood and Alec Burks should be healthier. Rookie Donovan Mitchell has impressed in summer league. Joe Ingles and Joe Johnson will receive playing time at both forward positions.

The 33-year-old Sefolosha is past his peak, but he remains a helpful 3-and-D contributor. He’ll fit well in Utah with his high basketball intelligence.

Atlanta already moved the younger Taurean Prince ahead of him. This is another opportunity to remember the Hawks probably should have traded Sefolosha (and Paul Millsap) last year and gotten something for them. But even without a head start in accumulating assets, Atlanta is still moving further into rebuilding now.