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2025 Power 50
The Boston Business Journal's Power 50, "The Movement Makers," focuses on those in the Boston-area business community who demonstrate the most influence on making both their company and the region a better place for everyone in it.
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Yahoo
an hour ago
- Yahoo
ESPN suggests 2 Boston Celtics trades to clear salary cap space
With the 2025 NBA Finals officially over, the league quickly moves onto the upcoming NBA Draft, which starts Wednesday. That means teams will be active, though there have already been blockbuster deals in the Desmond Bane and Kevin Durant trades. The Celtics are expected to be busy as they need to shed salary cap space this summer, putting them in a state of uncertainty. The C's not only are looking to cut costs, but they also know Jayson Tatum will miss likely all of next season due to his ruptured Achilles tendon. But what moves the Boston front office makes is the big question as the organization can go a few different directions. Advertisement ESPN recently suggested a pair of trades the Celtics could make that would cut costs while looking at the future. NBA insider Bobby Marks first bounced around the idea of a salary dump of Kristaps Porzingis and the No. 28 overall pick to the Nets, but he said that's unlikely since it doesn't help the Celtics in the long-term. So, instead, here are the other two trades ESPN suggested: Trade No. 1: Boston Celtics get: Forward P.J. Washington Jr. Dallas Mavericks get: Guard Jrue Holiday Brooklyn Nets get: Guard Jaden Hardy, forward Caleb Martin, 2027 first-round pick (via Celtics) LA Clippers get: Forward Olivier-Maxence Prosper Advertisement Trade No. 2: Boston Celtics get: Center Duop Reath Portland Trail Blazers get: Forward Sam Hauser, center Xavier Tillman, 2031 second-round pick As Marks notes, the two trades saves the Celtics a significant amount of money in more than $300 million between luxury tax and salary savings. They also get a pair of rotation pieces in Washington and Reath. The Celtics are facing big man uncertainty with their two free agents in Al Horford and Luke Kornet. So, landing Reath would land them at least a backup big. Washington is also another wing who will be cheaper than Holiday going forward. Now, to point out, the Celtics do need to part with a 2027 first-round pick in the Holiday deal. The front office could shy away from doing that considering it has reportedly been asking for a first-round pick in Holiday negotations. So while Washington has value, the C's in turn have to send out Holiday and a future first in the deal. Advertisement ESPN also suggested a third option and trade in dealing Porzingis, though Marks didn't go that route. So that's where the front office has options when it comes to the roster. Expect the Celtics to be busy in the coming days and weeks between the draft and free agency opening up for the NBA. More Celtics content Read the original article on MassLive.
Yahoo
an hour ago
- Yahoo
Boston Celtics can begin free agency negotiations with 2 key reserves
The start of NBA free agency is a week away, but the Celtics and all 29 other teams across the NBA are allowed to begin some internal discussions on Monday following the conclusion of the NBA Finals. All teams are now allowed to negotiate with their own free agents in a one-week window before the full start of NBA free agency on June 30 at 6 p.m. Much of the attention this offseason thus far has been on Celtics potential trades as the team looks to trim salary from its record-breaking payroll. However, Boston is looking a potentially big hole in its frontcourt pending the status of Porzingis in trade talks and what happens in free agency with bigs like Al Horford and Luke Kornet. Here's a look at who is already under contract for next season for Boston and where things stand with each of the Celtics' own free agents. Advertisement Celtics 2025-26 cap sheet Jayson Tatum: $54.1 million Jaylen Brown: $53.1 million Jrue Holiday: $32.4 million Kristaps Porzingis: $30.7 million Derrick White: $28.1 million Sam Hauser: $10 million Payton Pritchard: $7.2 million Baylor Scheierman: $2.6 million Xavier Tillman: $2.5 million Neemias Queta: $2.3 million Jordan Walsh: $2.2 million (non-guaranteed) First round draft pick: $2.5 million JD Davison: $2.2 million (team option) CELTICS FREE AGENTS Al Horford Previous salary: $9.5 million Analysis: Boston's plan for next season and beyond won't be centered around Horford specifically but his intentions but could certainly influence what path Brad Stevens takes. For months, it was a formality that Horford would be back in Boston, likely to finish out his career once his contract expired this offseason. However, Jayson Tatum's Achilles tear and a second-round exit to the Knicks left Horford uncertain about his future next year. League sources expect Horford to play next season as he hits age 39 but whether that will come in Boston is another story. Advertisement Can the Celtics convince him that he still has a chance to win another title in his next deal in Boston despite Tatum's injury? Is Horford holding out for market value in his next deal or will he take a discount to ease Boston's tax burden? There should be a strong market for him at the taxpayer mid-level exception at the minimum if Horford is looking elsewhere besides Boston while potentially chasing another ring. If he's staying put in Boston for anything beyond the minimum, the Celtics will need to trim salary accordingly. Luke Kornet Previous salary: Veteran's minimum Analysis: The veteran big man turned down bigger money elsewhere, per sources, to come back to Boston last year on a short-term deal. After putting together the best season of his career while in Boston, he's likely to attract a solid market yet again in free agency. It remains to be seen what Kornet's biggest priorities are entering free agency, but he's certainly earned himself a long-term deal with his play of late. Advertisement The Celtics have full Bird Rights on him, so they can afford him any deal to re-sign. However, with the repeater tax penalties coming into play for next season, every dollar spent will cost the franchise much more without major salary dumps elsewhere. The guess here is the Celtics clear a path to retain Kornet but such a move may cost Boston some talent elsewhere. Torrey Craig Previous salary: Veteran's minimum Analysis: The midseason pickup on the free agent market never made much of an impact in Boston. He saw some spot minutes at the end of the regular season but was on the outside of Joe Mazzulla's rotation for the entire playoffs even when injuries hit. His offseason market likely isn't higher than the veteran's minimum, but it's difficult to see him being a priority to retain with the team having plenty of other balls in the air across the roster. More Celtics content Read the original article on MassLive.
Yahoo
2 hours ago
- Yahoo
Boston Celtics trade Jrue Holiday to Blazers for Anfernee Simons, draft picks
The Celtics made their first big deal of the offseason on Monday night, trading away Jrue Holiday to the Portland Trail Blazers in exchange for Anfernee Simons and two second-round picks. The two second-round picks are a 2030 Knicks selection and a 2031 Blazers pick, a source tells MassLive. ESPN was first to report the Holiday trade. Holiday, 35, was a heavily rumored name on the trade block this summer as the Celtics looked to reduce historic luxury tax bill and get below the second apron while retooling their team for the future after Jayson Tatum went down with an Achilles tear. Holiday lands now with an up-and-coming Blazers squad that are looking to work their way into the playoff picture in the West amid a young core. The Blazers originally traded Holiday to Boston two years ago in exchange for Robert Williams, Malcolm Brogdon and two second-round picks. Advertisement Simons, 26, is entering the final year of his contract and is making $27.6 million for the 2025-26 season. Simons averaged 19.3 points and 4.8 assists per game last season Boston also nets two second-round picks in the deal which adds to their draft assets heading into the 2025 NBA Draft on Wednesday night. Boston reduces their salary for next season by $5 million with the deal, but are still $15 million above the second apron. Read the original article on MassLive.
