After arriving in a blockbuster offseason trade, Boston Celtics guard Jrue Holiday has agreed on a four-year, $135 million contract extension, his agent, Jason Glushon of Glushon Sports Management, told ESPN on Wednesday.
Holiday is declining his $37.3 million player option for 2024-25 to sign a long-term deal that’ll take him through the 2027-28 season, Glushon said.
Holiday’s extension saves the Celtics several million dollars on the cap next year and aids in keeping together a talented and expensive core of Jayson Tatum, Jaylen Brown, Kristaps Porzingis, Derrick White and Holiday that has led the franchise to the NBA’s best record this season.
With Holiday’s extension, the Celtics are destined to operate as a second apron team in 2024-25, restricting their free agency and trade options for exceeding the highest payroll threshold.
Holiday will become the fourth player to sign a guaranteed deal worth more than $100 million at 33 or older — a list that also includes LeBron James, Stephen Curry and Al Horford.
Holiday’s scoring average understandably dropped upon joining the Celtics’ starry lineup, but he’s shooting a career-best 43% on 3-pointers — including 62% on corner 3s, which would be the best over a season for any NBA player with 50-plus attempts in the past 25 years.
Holiday arrived to the Celtics in a September trade from the Portland Trail Blazers, where he spent several days in the aftermath of a three-way deal that landed Damian Lillard with the Bucks.
