Paul Pierce has one year left on his $15M contract with the Boston Celtics, but it includes a $5M buyout clause that the team could exercise in order to get his contract off their books and start rebuilding. Rumor has it that Pierce has already come to terms with the situation and that his family is actually already preparing to relocate this summer, according to the Boston Globe:
The Celtics have to decide by June 30 whether to buy out Pierce’s contract at $5 million. Ainge said the sides have not had discussions, but an NBA source said Pierce’s family is already beginning to prepare for relocation from Boston, assuming the Celtics will execute the buyout or trade his expiring contract in the offseason.
Celtics could either try to look for a trade for Pierce or buy him out. There are some potential trade options out there, especially since Paul is in the last year of his deal, but Boston would need a very specific offer to go through with it. If they intend to rebuild the roster, the Celtics will most likely target young talent or good players on short-term contracts.
After being so loyal to the Celtics franchise, it seems wrong to let go of Pierce and not allow him to retire a Celtic. However, in these situations, business has to come first and releasing the small forward would probably be the best long-term decision for the franchise.
Don’t forget to “LIKE” King James Gospel on Facebook for the latest news, columns and updates on all things NBA.