Contract Breakdown

Brad Stevens: Contract Details and Salary Cap Impact

Contract Breakdown

Brad Stevens was signed by the Boston Celtics to a six-year, $22 million contract in 2013 upon being appointed head coach. In 2016, he received a three-year contract extension, raising his annual salary.

Salaries

• 2013-2019: $3.7 million per year
• 2019-2022: $4.5 million per year

Signing Bonus

Stevens received a $3 million signing bonus upon his initial appointment in 2013.

Salary Cap Implications

Stevens' salary impacts the Celtics' salary cap situation. His $4.5 million annual salary accounts for a sizable portion of their overall team payroll, which affects their ability to sign and retain other players.

Dead Money

In 2023, Stevens transitioned to a new role as President of Basketball Operations, ending his coaching duties. However, his salary still counts against the Celtics' salary cap for the remainder of his contract. This is referred to as "dead money," as it represents a financial commitment to a non-playing coach.

Latest News and Updates

In related news, the Celtics recently announced a contract extension for star forward Jayson Tatum. The extension is expected to make Tatum one of the highest-paid players in the NBA.

Stay tuned for further updates on Brad Stevens' contract and its impact on the Celtics' salary cap.