JULY 23: The Celtics have officially signed Hauser to his extension, the team confirmed in a press release.
“You can count on Sam. He comes to work every single day with the right mindset and attitude,” president of basketball operations Brad Stevens said in a statement. “His shooting gets most of the attention – but his feel for the game, defensive versatility, and his consistency as a teammate have allowed him to impact our team in the biggest of moments. We are excited Sam has decided to extend his contract with the Celtics.”
JULY 21: The Celtics have reached an agreement with Sam Hauser on a four-year, $45MM contract extension, agent Jason Glushon tells ESPN’s Adrian Wojnarowski (Twitter link).
It’s a significant raise for the 26-year-old forward, who will make a little more than $2MM for the upcoming season. Boston picked up its team option on Hauser’s contract in late June with the intention of signing him to an extension.
There are no options in the final year so the deal is fully guaranteed, a league source tells Adam Himmelsbach of The Boston Globe (Twitter link).
Hauser is coming off a career-best season in which he played an important role off the bench in the Celtics’ run to an NBA title. He appeared in 79 games, making 13 starts and averaging 9.0 points, 3.5 rebounds and 1.0 assists per night, with a .446/.424/.895 shooting line.
Hauser has become one of the NBA’s top three-point shooters since joining the Celtics on a two-way deal after going undrafted out of Virginia in 2021. He spent most of his first season in the G League, then signed a standard contract in the summer of 2022.
Hauser’s extension is the third of the summer for Boston, which also reached long-term deals with Jayson Tatum and Derrick White. In addition, the team has signed Jaylen Brown, Jrue Holiday and Kristaps Porzingis to extensions within the past year.
In a full story on the extension, Wojnarowski notes that the Celtics now have a projected $225MM payroll for the 2025/26 season, which would result in a $210MM tax penalty and create the largest combined salary/tax bill in league history. They are also in position to exceed the second apron for each of the next two seasons, which will prevent them from being able to trade their first-round picks for 2032 and 2033.
The franchise could be in new hands by then, as the majority ownership group announced earlier this month that it plans to sell its shares in the team.
Luxury tax who?
the owner is saying let the next owner worry about the luxury tax. Watch some of the owners cry about Boston creating a super team.
Who cares about crying billionaires.
Celtics Projected To Pay $210 Million Luxury Tax Penalty After Signing Sam Hauser To $45 Million Deal
Celtics Starters Will Earn Nearly $1 Billion In The Next 5 Years
That’s crazy but true.
Knicks, Bucks and 76ers are targeting Conference Finals?
Regular season prediction
Celtics 67 wins
Knicks 57 wins
Bucks 53 wins
Cavs 52 wins
Celtics are ballers. The rest of the league is gonna have to deal with this for awhile
Brad Stevens knows his sh*t as does Mazzulla.
This was the critical year for the Celts to grab the brass ring and thank goodness the Celtics did! Next year and going forward it’s going to be crazy difficult and way more super competitive as all this new young talent floods into & rises the play across the whole NBA. Stevens and the Celts have smartly guaranteed a competitive team for the next few years but it’s sure not going to be easy to win again. And playing fair and upfront, as any new billionaire owners won’t get blindsided as to cost. Trust in Stevens! Go Celtics!
Please God, let nobody buy this team while their luxury tax is super high so the current owners have to pay for it, it would be so funny
Wow 225 million roster salary plus 210 million as the penalty. Warriors 2.0 LOL
While I’ve always said if you don’t need the money from the team to live on and finance your lifestyle, might as well pour the profits back into the roster. Why not?
Your other businesses sustain your personal expenses so why would you put all the profits in your pocket? Keep the team strong, pay everybody and keep winning.
The estimated value of the franchise is $5 billion before they sell it. The owners paid $360 million for it in 2002. I think these guys know what they are doing. New owners come in with eyes wide open. Luxury taxes are peanuts compared to the value of the franchise and the potential of new revenues from media deals.
LoL. Boston would be prevented from trading first round picks in 2032 and 2033. Do they even care?
How’s that new CBA going Joel Embiid? More false narrative reporting from various outlets bites the dust. Owner, front office been sating whatever it takes. We want to extend Derrick, Sam etc like we did Kristaps and Jrue. We won’t listen to that, we’ll report for hits. This team isn’t going anywhere for awhile. Keep spending, not my worry.
Those were definitely words…
Sheeeeesh!
They wont the able to afford all these extensions for more than roughly a year I’d say.
It puts them in even more of a precarious spot with impending sale of the team.
If anything, it will be interesting to see how it shakes out.
I think in the end Hauser, and Holiday or White will ultimately be moved & it will catapult PP into a starters role.
I think the upside is as long as Holiday or White don’t drastically decline , their contracts are relatively reasonable – so they should be easy to move on from. It kinda just looks like reckless spending, kicking the can down the road for newer ownership to need to sift thru and sort out.
But , I suppose after you win a championship it’s something you can momentarily capitalize on even if it’s impractical long term
Remember yesterday’s millionaires are now today’s billionaires. So what does money matter to them in today’s modern day Gilded Age?
I remember reading an article that said the Celtics revenue last year was over 400m. If so does the penalty even matter?
It does if the family needs that money to live on because they have no other businesses. Often happens in inheritance situation as the siblings divide up the empire.