JULY 6: The Celtics have officially signed White to his extension, the team confirmed today in a press release.
“Derrick is a great player who has immersed himself in the Boston community since joining us in the spring of 2021,” president of basketball operations Brad Stevens said in a statement. “Derrick brings a joy and selflessness to our building every single day. He’s committed to improving and has shown that in each year of his career. More importantly, he cares most about the things that matter, including building great relationships and competing with integrity. We are very lucky that Derrick is a Celtic and are thrilled he’ll be here for years to come.”
Boston also formally announced its super-max extension for Tatum.
JULY 1: Derrick White has agreed to a four-year, $125.9MM extension with the Celtics, sources tell ESPN’s Adrian Wojnarowski (Twitter link). The deal includes a player option in the final season, Wojnarowski adds.
The extension will take effect with the 2025/26 season, and White’s yearly salaries will be $28.1MM, $30.3MM, $32.6MM and $34.8MM, per Yossi Gozlan of HoopsHype (Twitter link). It’s the maximum amount White was eligible to get based on his current deal, but he might have landed more if he had waited for free agency next summer.
Signing White to a long-term contract was an offseason priority for the Celtics, who are also hoping to reach extensions with Jayson Tatum and Sam Hauser. Boston is reportedly re-signing Luke Kornet and Neemias Queta, so the core of the championship roster is likely to remain together for a while.
If Tatum agrees to a super-max extension this summer, as expected, Boston could have the most expensive team in league history next season and may top $200MM in salary by 2025/26, notes Bobby Marks of ESPN (Twitter link). Tax penalties are set to increase next year under the new Collective Bargaining Agreement, so management will have to determine how long it’s willing to accept that extra expense.
White, 29, has excelled in Boston since being acquired from San Antonio at the 2022 trade deadline. He averaged 15.2 points, 4.2 rebounds and 5.2 assists in 73 games last season while earning a second-team spot on the All-Defensive team.
White wasn’t a highly touted prospect when the Spurs selected him out of Colorado with the 29th pick in the 2017 draft. He established himself as a starter in San Antonio and is now considered one of the league’s best two-way guards.