As Tatum was named to the All-Round First Team for the third year in a row, he successfully triggered the contract extension clause of the designated veteran, and the new contract could be calculated at 35% of the salary cap. Therefore, the Celtics offered him a five-year contract extension of 314 million, setting a new record for a single contract in league history. As the defending champions, Celtic has spent a lot of money since last year to build a luxurious main rotation lineup, which can be said to be sparing no effort on the road to the championship.
The Celtics have been actively operating in the free trade market since last offseason, and have successively sent big contracts to the main players, and the five main rotation players have completed early contract extensions, and the Celtics have spent 940 million in just one year, fully demonstrating how rich the Green Army is as a giant team.
1. The Celtics acquired Porzingis through a trade last offseason, and then quickly handed Porzingis a two-year, $60 million contract extension.
2. Last offseason, the Celtics offered Jaylen Brown a five-year contract extension of 304 million, and Jaylen Brown became the first player in league history to have a single contract exceed 300 million.
3. At the end of the regular season of the 23-24 season, the Celtics started a four-year, 135 million contract extension for Holiday and were very satisfied with his best regular season record for the team.
Fourth, this offseason, the Celtics offered Derrick White a four-year 126 million contract, giving White the largest contract extension offer within the team's ability to retain the champion.
5. This offseason, Tatum signed a three-year, 314 million contract extension with the Celtics on a designated veteran clause, and the new contract will be officially implemented in the 25-26 season.
Interestingly, Jaylen Brown successfully broke the 300 million mark in his contract last year, getting the highest amount of a single contract in the history of the league, a record that was broken by teammate Tatum after only one year, and Tatum's five-year 314 million contract set a new record for the largest single contract in history. The two are also the only two players in the league with contracts of more than 300 million, and the two have not only tasted the championship for the first time this year, but also worked together to write each other's own stories in various fields. The cooperation between the two will continue until at least the 28-29 season, when the annual salary of the two alone will be as high as 132 million.
The Celtics won the 18th championship trophy in team history in the 23-24 season, and the team will continue to challenge for the championship in the new season and strive for a second consecutive title. In order to retain the championship-winning team, they did not hesitate to spend a lot of money to retain the core figures within a year, and the above five players who completed the contract renewal will have a combined annual salary of 198 million in the new season, which directly triggers the second luxury tax line. But as long as they can win the championship, all the heavy investment of the Celtics is worth it.