Shooting guard Marcus Smart and the Celtics have agreed to a four-year, $52 million contract, Yahoo’s Shams Charania reported Thursday.
News of the agreement comes hours after Charania reported Smart’s agent, Happy Walters, and the Celtics were scheduled to meet in Boston with hopes of finalizing a deal Thursday. Smart, who was a restricted free agent, had received no official offer sheets from other teams — despite reports of interest.
Walters said on SiriusXM Radio he and Celtics president of basketball operations Danny Ainge started negotiations last week in Las Vegas. Walters also said the timing of the deal, to his knowledge, is not related to Wednesday’s Kawhi Leonard trade between the San Antonio Spurs and Toronto Raptors.
“If something were to happen with Boston, it would have made sense probably for Marcus to have been in the deal — because I know they like Marcus there,” Walters said. “But we were talking before [the trade] was announced, so it didn’t all of a sudden start hot and heavy once that happened.”
The $13 million average annual value is right in the ballpark of Smart’s reported asking price. The 24-year-old told ESPN’s Jackie MacMullan in May he thinks he’s “worth more than $12-14 million” per year. The Boston Globe‘s Adam Himmelsbach also reported earlier in July Smart was “open” to signing a multiyear deal for less than $15 million per season. As The Ringer’s Kevin O’Connor noted, however, the terms of Smart’s new contract are also “very tradeable” for the Celtics. The team previously didn’t have any salaries in the $7-20 million range.