Murphy reports that the extension for the longest turned Celtic is in the ballpark of $17 million over four years.
Hear that the three-team trade (Bos.-ATL-Sac) will be announced soon, unchanged. ... Celtics await a response from Smart agent Jason Glushon, but are said to be willing to extend him for roughly $17M over four years.— Mark Murphy (@Murf56) August 6, 2021
Former Phoenix Suns executive, now turned NBA insider Ryan McDonough broke down the frame work of the proposed extension and the most the Celtics can offer which is roughly $77 million.
The Celtics appear to be offering Smart the largest possible extension they can give him at the moment, per @Murf56— Ryan McDonough (@McDNBA) August 6, 2021
Here are some more details on the largest extension Smart could sign:
Starts in 2022-23
4 years, $77m total
$17.2m, $18.5m, $20m, $21.3m annual salaries https://t.co/rXwgtSX4zs
Smart is entering the final season of a four-year, $52 million deal he signed in the summer of 2018. His current salary is worth $13,839,285 and if you add this potential $77 million total, the Celtics would have the veteran guard essentially at $91 million for the next five years -- a bargain to say the least.
Photo used courtesy of The Associated Press