After helping lead the Celtics to their 18th championship Jayson Tatum has signed a long-term super max contract with the team. The five-year deal is worth a record-breaking $314 million, keeping Tatum under contract until 2030. Tatum will make an astounding $71 million dollars in the final year of his contract. Making him the first $70 million dollar player in league history. Extending Tatum was a top priority for the Celtics’ offseason. Now they have their main core under contract for the foreseeable future.
Boston Celtics All-NBA star Jayson Tatum is finalizing a five-year, $314 million super maximum contract extension through the 2029-30 season, sources tell @TheAthletic @Stadium. This is now the largest deal in NBA history. pic.twitter.com/FCAZLTmkhi
— Shams Charania (@ShamsCharania) July 1, 2024
Celtics Agree To Record-Breaking Contract With Jayson Tatum
Extending Tatum to the super max was a no-brainer for the Celtics. Tatum is a franchise cornerstone who has been the catalyst for the Celtics’ success over the past seven seasons. Notably, Tatum led the Celtics in points, rebounds, and assists during the playoffs. He averaged 25.0 points, 9.7 rebounds, and 6.3 assists. The star power of Tatum and Jaylen Brown surrounded by an elite core of well-rounded players is why the Celtics were so dominant.
An Expensive Championship Core
Tatum’s deal will be the second super max on the Celtics roster as Brown signed one last summer which at the time was also the largest contract in league history. This further commits the Celtics to the second apron tax penalty which restricts them in several ways. Additionally, the Celtics are projected to be the most expensive roster in NBA history which will only increase in cost. However, when you have an elite championship-winning core capable of multiple winning titles this is a price worth paying.
The 2025-26 Boston Celtics payroll and luxury tax total is set to exceed $400 million once they fill out the roster.
Tax rates are set to increase in deeper levels that season while the Celitcs are also set to enter the repeater tax. pic.twitter.com/pWKwChelZN
— Yossi Gozlan (@YossiGozlan) July 1, 2024
Tatum’s extension comes with the earlier news of Derrick White‘s four-year $126 million dollar extension and the Celtics majority owner Wyc Grousbeck putting the team up for sale. Tatum and White’s extensions were not big surprises for the Celtics offseason but they top both top priorities. These moves fully lock up the Celtics core of Tatum, Brown, White, Jrue Holiday, and Kristaps Porzingis. Setting the Celtics up to replicate their success. Whoever buys the team must be willing to pay a large luxury tax penalty. Regardless, the Celtics and their fans should feel great about having this elite core locked up for the foreseeable future.
