Stadium and The Athletic insider Shams Charania reports the Boston Celtics have come to an agreement with former No. 2 pick Jabari Parker to re-sign with the team after he cleared waivers at 5 p.m. EDT on Tuesday, Oct. 19 — a move that might surprise some fans.
Boston makes the move less than 48 hours after waiving Parker ahead of his $2.2 million previous contract hitting a $1.1 million partial guarantee at the start of the Celtics 2021-22 NBA season. At a recent press conference, Boston head coach Ime Udoka noted the team “valued flexibility” when making the decision to waive Parker, but what this means for both the player and the team moving forward is unclear.
HoopsHype salary cap guru Yossi Gozslan notes signing Parker to a one-year veteran minimum is likely the motive as it would save the Celtics some money in a season they’ll be paying quite a bit of salary, but official details or reporting on the issue remains pending.
Jabari Parker has agreed on a new deal to re-sign with the Boston Celtics, sources tell @TheAthletic @Stadium. Parker cleared waivers at 5 p.m. ET.
— Shams Charania (@ShamsCharania) October 19, 2021
Celtics Blog’s Keith Smith notes such a signing would save Boston over a half-million in luxury tax payments. Smith also notes Parker will likely not see his $1,669,178 deal guaranteed until the league-wide requirement date of Jan. 10, presumably to maintain some of that flexibility.
Stay dialed in to the Celtics Wire for more updates on this developing story.
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