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NBA (7)

Sources: Celtics, Derrick White agree to $126M extension​

Boston Celtics guard Derrick has agreed on a four-year, $125.9 million contract extension, sources told ESPN's Adrian Wojnarowski. The deal includes a player option. Boston acquired White, who turns 30 on Tuesday, at the trade deadline in 2022, sending a first-round pick and a future first-round swap to the San Antonio Spurs to land the versatile guard. White went on to help the Celtics reach the 2022 NBA Finals, where they lost to the Golden State Warriors in six games. After primarily playing in a sixth-man role down the stretch and in the playoffs for Boston in his first half-season with the Celtics, White moved into the starting lineup for each of the past two seasons, earning second-team All-Defensive honors in each year and establishing himself as one of the league's premier two-way guards.
 

Boston Celtics ownership group plans to sell majority stake​

The Boston Celtics majority ownership group, led by Wyc Grousbeck, is planning to make the franchise available for sale. Grousbeck and partner Steve Pagliuca led a group that purchased the team in 2002 for $360 million. Since then, franchise valuations have skyrocketed, with the latest teams to sell controlling shares being the Phoenix Suns, which went for $4 billion to Mat Ishbia in February 2023, the Milwaukee Bucks, with Jimmy and Dee Haslam paying $3.5 billion several weeks later, and the Dallas Mavericks, with the Adelson and Dumont families paying $3.5 billion in December. The Celtics are one of the iconic franchises in professional sports, with an NBA record 18 NBA titles -- trailing only the New York Yankees (27) and Montreal Canadians (24) among all North American professional sports leagues.
 

Sources: Celtics, Derrick White agree to $126M extension​

Boston Celtics guard Derrick has agreed on a four-year, $125.9 million contract extension, sources told ESPN's Adrian Wojnarowski. The deal includes a player option. Boston acquired White, who turns 30 on Tuesday, at the trade deadline in 2022, sending a first-round pick and a future first-round swap to the San Antonio Spurs to land the versatile guard. White went on to help the Celtics reach the 2022 NBA Finals, where they lost to the Golden State Warriors in six games. After primarily playing in a sixth-man role down the stretch and in the playoffs for Boston in his first half-season with the Celtics, White moved into the starting lineup for each of the past two seasons, earning second-team All-Defensive honors in each year and establishing himself as one of the league's premier two-way guards.
 
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