New Boston Celtics owners face severe penalties as team spirals to $500m NBA-first led by Jayson Tatum and Jaylen Brown – ANHTRUC.

The 2024 NBA champions have constructed a roster that sees them in potential financial trouble and their new owners may have to pay the price.

BOSTON, MA - JUNE 6: Head Coach Joe Mazzulla, Jayson Tatum, and Jaylen Brown #7 of the Boston Celtics looks on during the game against the Dallas Mavericks during Game 1 of the 2024 NBA Finals on June 6, 2024 at the TD Garden in Boston, Massachusetts. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2024 NBAE  (Photo by Jesse D. Garrabrant/NBAE via Getty Images)

Jayson Tatum and Jaylen Brown are the most expensive players on the Celtics roster
On Thursday, 20 March, it was reported that the Cs had found a new owner in the form of William Chisholm, a California-based managing director and co-founder of Symphony Technology Group.

According to reports, Chisholm has agreed to buy the Celtics for $6.1 billion — a record feed for a North American sports franchise.

There is no doubt that the Celtics are enjoying life in the NBA.

After surpassing the Los Angeles Lakers by winning an NBA-record 18th title last year and tying down multiple stars to new contracts, they have built a side ready to win more championships.

Last summer, Jayson Tatum signed a five-year, $314 million deal which was followed by Derrek White’s four-year, $126 million extension.

Sam Hauser, who has developed greatly under the Celtics, was also rewarded with $45 million over four years.

These deals come after Jaylen Brown signed his five-year $285 million contract in 2023, meaning Boston have the two highest-paid stars in the league on the same team.

The Celtics’ willingness to tie talent down is evidenced by the fact that seven of their eight rotational players are contracted for the next two seasons while six are signed for the next three.

Some might call this extremely smart business as their championship-winning roster will be kept intact for a few more years.

However, these deals and contracts mean Boston are heading towards trouble as they reach a historic number — the first ever $500 million roster in the NBA.

BOSTON, MA - JUNE 17: Jaylen Brown #7 of the Boston Celtics celebrates after receiving the Bill Russell Finals MVP Trophy against the Dallas Mavericks during Game 5 of the 2024 NBA Finals on June 17, 2024 at TD Garden in Boston, Massachusetts. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2024 NBAE  (Photo by Joe Murphy/NBAE via Getty Images)

Jaylen Brown signed a super max contract before winning NBA Finals MVP

Boston star Jayson Tatum won his first ring last season with the Celtics

Boston star Jayson Tatum won his first ring last season with the CelticsCredit: Getty
In total, 11 Celtics player are under contract next season campaign for a combined $225 million.

Once the the roster is completed with their first-round pick and two players on minimum salaries, which ESPN project to be $2.3 million.

This means Boston’s payroll will be roughly $233 million, more than $45 million over the projected luxury tax line.

Next season will see harsher penalties kick in for teams who are well into the luxury tax as the league looks to clamp down on sides who exploit it.

This means the Celtics face a a projected tax bill of $280 million and therefore will pay $513 million in combined salary and tax penalties for the 2025-26 season alone.

Not even the notorious luxury-taxed Golden State Warriors have ever paid such a fine and they have the current record, paying $388 million this past season.

This is a major red flag for new owner Chisholm, who is backed by billionaire Robert Hale, who holds a minority stake in the Celtics, and Bruce Beal Jr., president of the real estate firm Related Companies.

The Celtics will likely have to trade players in order to sit below the cap, but another issue that arises in this is that by being a second-apron team they cannot trade away their first-round picks in 2032 or 2033 to help deals.

Boston Celtics unveil championship rings, on par with the Kansas City Chiefs’ $40,000 band
For fans in Boston, this is a major blow to the hopes of a dynasty as finances may get in the way of building prolonged success.

Such conundrums are exactly what the NBA wanted from its new rules to ensure there is more competitiveness each year.

“What I’m hearing from teams, even as the second apron is moving to kick in, the teams are realizing there are real teeth in those provisions,” commissioner Adam Silver said at his annual news conference.

It leaves the Celtics needing to pay up to keep this championship core together, something general manager Brad Stevens has promised to do.

Boston’s new ownership will need deep pockets but the opportunity on offer is priceless.

With some creative accounting, a dynasty to rival the 1990s Chicago Bulls or Lakers from the 2000s could be on the cards.

Related Posts

BREAKING: Buccaneers select productive SMU defensive lineman in fifth round.

The Tampa Bay Buccaneers continue to stack up on defense, and now, they’ve brought in a defensive lineman to add to the ranks. The Buccaneers drafted Southern…

UPDATE: Buffalo Bills finalize 2025 NFL Draft with 9 rookies: Full view of team’s picks.

Round 1, Pick 30 — CB Maxwell Hairston, Kentucky The Bills had several needs, mostly on defense, coming into the 2025 NFL Draft. They needed to bring…

BREAKING: Chiefs face challenge as some draft picks struggle during defensive overhaul.

The Kansas City Chiefs provided defensive coordinator Steve Spagnuolo with a few new toys on day two of the NFL draft. The Kansas City Chiefs had a clear plan…

ÚLTIMAS NOTICIAS : la estrella del tenis británico Andy Murray ha donado 5,5 millones de dólares para sorprender a las personas mayores sin hogar en el Reino Unido y a la organización The Trussell Trust para ayudarles. Detalles en los comentarios a continuación 👇👇👇-Panettone Stallone

En un acto de bondad verdaderamente conmovedor, la estrella del tenis británico Andy Murray ha hecho una importante donación de 5,5 millones de dólares para ayudar a…

BREAKING: San Francisco 49ers owner Denise DeBartolo York announces $3.5 billion Levi’s stadium renovation that will redefine NFL arena standards to deliver a world-class fan experience….-Panettone Stallone

BREAKING: Denise DeBartolo York Unveils $3.5 Billion Levi’s Stadium Overhaul to Revolutionize NFL Fan Experience! 🏟️🌟 In a seismic announcement that has set the NFL ablaze, San…

UPDATE: Tampa Bay Buccaneers bolster roster with Emeka Egbuka in round 1 and cornerback duo Benjamin Morrison, Jacob Parrish in day 2 NFL Draft — JC Allen is highly rated, so who’s next pick on day 3?

On Day 3, some of my best fits at quarterback could start to come into the fold. However, it’s unlikely the Bucs select a quarterback with any…