Celtics president Danny Ainge called restructuring Al Horford’s contract status – which would involve the center declining his $30,123,015 player option then re-signing for a lower starting salary but more total compensation in a multi-year deal – a priority.
This is either a step toward that or a step toward Boston, with Kyrie Irving seemingly exiting, losing multiple stars this summer.
Adrian Wojnarowski of ESPN:
Boston Celtics center Al Horford will not exercise the $30.1M option on his 2019-20 contract and become an unrestricted free agent, league sources tell ESPN. Horford and the Celtics both have interest in working toward a new deal in July, sources tell ESPN.
— Adrian Wojnarowski (@wojespn) June 18, 2019
If they renounce all their free agents, the Celtics would project to have about $28 million in cap space. That’d be about enough for a max player with fewer than 10 years experience, and Boston would get the room exception (projected to be about $5 million)
Or the Celtics could use Bird Rights to re-sign Horford, Terry Rozier and Marcus Morris. That route would come with a mid-level exception, either the non-taxpayer (projected to be about $9 million) or taxpayer (projected to be about $6 million).
Horford could determine Boston’s path. If the 33-year-old wants to re-sign, that’d probably consume most of the Celtics’ cap space. If he sees Irving leaving and wants to chase a title elsewhere, Boston could reset around Jayson Tatum, Jaylen Brown and three first-round picks in Thursday’s draft.
The Celtics could bring back Rozier, who’ll be a restricted free agent, in either scenario. But if Horford departs, that’d at least open the door to pursue an outside point guard – like D’Angelo Russell or Malcolm Brogdon – to replace Irving.