When it rains, it pours. To the victors goes the spoils. Boston Celtics superstar Jayson Tatum has made a landmark agreement on the most lucrative contract in NBA history, according to multiple reports, including The Athletic’s Shams Charania and ESPN’s Adrian Wojnarowski, according to sources.
Tatum and the Celtics have agreed on a five-year, supermax contract extension worth $314 million through the 2029-30 season, according to Charania.
CNN has reached out to the Celtics and Tatum’s agent for comment but did not immediately hear back.
In June, the 26-year-old, eight-year forward, along with co-star and Finals MVP Jaylen Brown, led the Celtics to an NBA-record 18th title in franchise history after defeating Luka Doncic and the Dallas Mavericks in five games, averaging 22.2 points, 7.8 rebounds and 7.2 assists.
Tatum’s contract edges out Brown’s extension signed last year as the biggest in league history. In 2023, Brown and the Celtics agreed to a five-year, $304 million supermax contract extension.
It is fitting that the two richest contracts in NBA history by total value now belong to the Celtics duo.
According to ESPN, the Celtics now have every member of their starting five under contract through at least the 2025-26 season. The Celtics also agreed to an extension with guard Derrick White earlier Monday. In that season alone, the contracts of Tatum, Brown, White, Jrue Holiday and Kristaps Porzingis will total $198.5 million. So, it is possible that we are in the middle of another dynasty.
Drafted with the third overall pick in 2017 out of Duke, Tatum is a five-time All-Star and four-time All-NBA selection. He will be attempting to capture a second Olympic gold medal in Paris in the coming weeks as part of a star-studded US team which has won four consecutive men’s titles. But it will not be easy because the field is stronger than ever before.
Also on Monday, the Celtics announced that the team’s ownership group, led by Wyc Grousbeck, is putting the franchise up for sale just two weeks after winning the 18th championship.
In a statement, the Celtics said that the group expects to sell a majority stake either this year or early next, with the balance closing in 2028.
Grousbeck, who led the purchase of the team back in 2002, will stay on and perform the duties as Governor until the second closing in 2028.
