July 12, 2006 Reports are that The Truth is close to signing the extension with the Celts. This should put to rest all of the rumors of Pierce wanting to take off for greener pastures. Hopefully it will also give Pierce peace of mind during the season so he can put his all into this team with the goal of winning a championship here in Boston.
LAS VEGAS - The Celtics appear set to solidify Paul Pierce’s future in Boston. While there may still be some details to be ironed out, expect an announcement in the next day or two that the captain has agreed to a three-year extension with the club.
Pierce has two years remaining on his present deal and will thus forego his option to sever the contract next summer and become an unrestricted free agent. The issue of Pierce taking off for a team closer to a championship has been raised quite a bit lately, but apparently he was serious about wanting to stay with the Celtics and continue the building process. While it is likely to contain an early out clause, the new arrangement will cover him through the end of the 2010-11 season. [More] source: Herald