Wednesday, June 10, 2026

How the Celtics Cut $500M Roster Bill Nearly By Half in 1 Day

The Celtics were projected to spend around $500 million on salaries and luxury tax payments in the 2025–26 season.

Bob DeChiara-USA TODAY Sports

The Celtics wasted no time overhauling their roster in order to lower a record tax bill, trading two veteran pieces of the 2023-24 championship team over the last 24 hours.

Late Monday night, Boston dealt Jrue Holiday to the Blazers for guard Anfernee Simons and two second-round picks. The following evening, the Celtics reportedly traded Kristaps Porziņģis to the Hawks in a three-team deal involving the Nets. In return, Boston received Georges Niang and a second-round pick.

The Celtics saved about $28 million on their 2025–26 payroll from the two trades—but, depending on projections, the team has cut their record $500 million tax bill by about half entering next season.

Yoshi Gozlan of CapSheets.com projected that Boston’s 2025–26 total bill—payroll and tax—is down from $512 million to $274 million. That means the two trades saved the Celtics about $238 million, with $210 million coming purely from tax penalties.

Gozlan’s projections include the Celtics keeping their No. 28 and No. 32 pick in the NBA draft on Wednesday and Thursday.

Projections are fluid at this time of the year, which is why ESPN’s Bobby Marks projects the Celtics to save about $180 million in tax penalties.

Regardless of the exact tax savings, the Celtics, who were sold for $6.1 billion in March (pending league approval), are now below the second apron that is feared by most NBA teams as it severely restricts roster construction

Boston may not be done dealing to lower its final bill. While it’s unlikely the Celtics will trade one of their max players, the team could save tens of millions—or even completely avoid the tax next season—by dealing guard Derrick White (four years, $118 million) or forward Sam Hauser (four years, $45 million).

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

exclusive

No White House Invite Yet for NWSL Champion Gotham FC

The club was the first NWSL team to visit, in 2024.

When Knicks Are On, New York’s Dealmakers Turn Off

The city’s 24/7 business culture has slowed during the NBA Finals.
Courtesy: Jake Epstein

Knicks Run Is New Front in the Kalshi-Polymarket Marketing War

Prediction-market platforms have capitalized on the Knicks’ Finals run.

Featured Today

Ai sports slop

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.
June 3, 2026

The Elite High Schools Hosting World Cup Teams

Spain, Morocco, Croatia, and Switzerland chose schools as their tournament base camps.
Frances Cabral-Delaney
May 29, 2026

How Arsenal Fandom Went ‘Manic’

“People do not become Arsenal fans because it’s easy,” says Zohran Mamdani.
Soccer Football - LaLiga - Osasuna v Atletico Madrid - El Sadar Stadium, Pamplona, Spain - May 12, 2026 Atletico Madrid's Alexander Sorloth in action with Osasuna's Valentin Rosier

What Really Happened With the Spanish Soccer Team and Kalshi

The club said it wanted to clear up its actions after “recent reports.”
Jun 8, 2026; New York, New York, USA; New York Knicks guard Josh Hart (3) shoots against San Antonio Spurs guard Stephon Castle (5) in the third quarter during game three of the 2026 NBA Finals at Madison Square Garden.
June 9, 2026

Ticket Prices for Game 4 at MSG Drop Following Knicks Loss

Ticket demand falls sharply for Wednesday’s Game 4.
June 10, 2026

Pritzker to Bears: Win Over Lawmakers, Get a Special Session

The Illinois governor holds the Bears responsible for prior legislative failures.
Sponsored

World Cup Betting Preview: Big Kickoff in USA, Canada, and Mexico

A look at the key betting storylines with BetMGM heading into the tournament, including favorites, dark horses, and top scorer odds.
Jun 5, 2026; San Antonio, Texas, USA; The New York Knicks fans celebrate after the Knicks defeat the San Antonio Spurs in game two of the 2026 NBA Finals at Frost Bank Center.
June 8, 2026

Knicks Merch Sellers Struggle to Keep Up With Demand

“The hardest part is not keeping all the good vintage Knicks stuff for myself.”
Apr 28, 2026; New York, New York, USA; General view of Madison Square Garden as fans wave their rally towels during the first quarter of game five of the first round of the 2026 NBA Playoffs between the New York Knicks and Atlanta Hawk
June 8, 2026

The Knicks Fans Turning Down $25K to Keep Finals Tickets

“I don’t think I’d forgive myself if I sold and didn’t go.”
exclusive
June 7, 2026

U.S. Investors Target Wrexham-Style Turnaround with Italian Club

The deal is expected to close this month.
June 7, 2026

Knicks Ticket Prices Dip as Josh Hart Laments ‘Ridiculous’ Costs

Prices are down from a high over $11,000.