The Boston Celtics have answered their most pressing question of the offseason. Jaylen Brown will be part of the franchise for the foreseeable future.
The Celtics' wing has agreed to terms on a five-year supermax contract extension that will pay him up to $304 million, his agent said Tuesday.
It's the richest contract in NBA history, surpassing the $264 million deal signed by Nuggets center Nikola Jokic last summer.
The deal was first reported by ESPN and confirmed to The Associated Press by Brown’s agent, Jason Glushon.
It keeps Brown with the team that drafted him third overall in 2016 and watched him develop into a two-time All-Star.
He averaged career highs of 26.6 points, 6.9 rebounds and 3.5 assists last season. But those numbers went down in the playoffs, when the Celtics lost to the Miami Heat in the Eastern Conference finals. In Game 7, Brown had 19 points on 8-of-23 shooting, making just one of nine 3-point attempts.
Still, the totality of his time in Boston has made him a key piece of the franchise's current core that management wasn't willing to risk seeing depart when his current four-year deal expires after next season.
By virtue of making the All-NBA second team — Brown's first such honor in his career — he was eligible for the supermax extension.
From the moment this past season ended, Celtics president of basketball operations Brad Stevens has been adamant that he wanted to see Brown sign a long-term deal.
“He’s a big part of us. We believe in him and I’m thankful for him,” Stevens said last month. "I’m really thankful that when those guys have success they come back to work. And when they get beat, they own it and they come back to work. And so I know that’s what they’re about. And that’s hard to find.”
Those sentiments were echoed by All-Star Jayson Tatum, who has paired with Brown to lead the Celtics' one-two punch in their runs to the NBA Finals in 2021-22 and the conference finals last season.
Following Boston's East finals loss in May, Tatum said retaining Brown long-term was “extremely important.”
“He’s one of the best players in this league," Tatum said. "He plays both ends of the ball and still is relatively young. And he’s accomplished a lot so far in his career. So, I think it’s extremely important.”
Brown's new contract likely will lead to some financial maneuvering down the road with the league’s new collective bargaining agreement bringing more limitations on how teams construct their rosters and additional luxury tax penalties.
Tatum is still playing under his rookie extension that kicked in last season and will be eligible for his potential supermax extension next summer.
Join Cheddar News as we break down the top headlines this morning including updates on the Jan. 6 hears, the PGA suspension of 17 of the world's best golfers, and NASA's plans to study UFOs.
The PGA Tour has announced that it will suspend players that are competing in the LIV Golf event that teed off today. At least 17 players, including names like Phil Mickelson, Dustin Johnson, and Sergio Garcia are banned from the PGA Tour competition. Hilary Fordwich, a business analyst and golf expert, joined Cheddar News to discuss why the PGA had to go this route. This is a threat to the future of golf for them, and there's been many contentions about them not being fair and that this is vindictive," she said. "Don't forget, of course, they represent sort of a monopoly in the history of golf. So you've got two sides to this story. You've got those the purists, those that feel that golf should only be a certain way and that there are only these limited events that the PGA puts on. And then you've got other people who are saying … this is all about money"
Sports merchandising company Fanatics announced it will be making trading cards featuring college athletes, a deal made possible by the NCAA's change to NIL rules for its players. Anchors Kristen Scholer and Ken Buffa break down the deal for Cheddar.
Survivors of Larry Nassar, including Olympian Simone Biles, are seeking $1 billion in damages from the FBI due to its failure to investigate the former gymnastics team doctor convicted of committing years of serial sexual abuse of minors. Jack Queen, a senior reporter at Law360, joined Cheddar News to break down the legal grounds of this case. "This is one of the biggest black eyes that the Bureau has faced in generations, quite frankly, and the FBI has taken full responsibility and admitted that it completely botched this investigation," he said. "So, there's a lot of pressure to settle."
The victims from the USA gymnastics sexual abuse scandal continue to seek justice. Survivors of Larry Nassar are seeking more than one-billion dollars from the FBI for failing to stop the convicted sports doctor when the agency first received allegations. According to a report released by the Justice Department's Inspector General, FBI agents knew
in July of 2015 that Nassar was accused of abusing gymnasts; however, Nassar wasn't arrested until December of 2016. The group that filed the claim includes Olympic medalist Simone Biles and around 90 other women. Louise Radnofsky, sports reporter at The Wall Street Journal, joins Cheddar News' Closing Bell to discuss.
A controversial professional golf tour backed by Saudi Arabia tees off on Thursday. Today, two-time Major winner Dustin Johnson announced he's resigned from the PGA Tour ahead of headlining the Saudi-backed tour, called the LIV Golf Invitation Series. The announcement comes as the PGA tour has threatened disciplinary action for its golfers who take part in the Saudi golf league event, which will also feature notable golf stars like Phil Mickelson and Sergio Garcia; however, LIV Golf's CEO, Greg Norman, told The Washington Post that Tiger Woods rejected a contract worth 'high nine digits' to play in the tour. Chris Bumbaca, reporter for USA Today Sports, joins Cheddar News' Closing Bell to discuss.
Marques Ogden, former NFL offensive lineman turned author and celebrity success coach, joins Cheddar to discuss his career transition after his NFL playing days and how he overcame a low point to prioritize family and re-shape his life as a success coach.
Abe Stein, Head of Innovation at Sports Innovation Lab, joins Cheddar News' Closing Bell, where he explains why the top four spots on his company's 2022 list are European soccer clubs and discusses Sports Innovation Lab's plan to publish data on women's pro sports teams in the not-too-distant future.
San Francisco 49ers defensive lineman Alex Barrett discusses why he believes taking his salary in crypto is the best financial decision for him, while Bitwage CEO Jonathan Chester breaks down how Barrett and other crypto investors can best utilize his platform.
