The Celtics have finally made the Jason Terry signing official. Danny has been trying for weeks to work with the Mavericks to work out a sign and trade but to no avail. The signing of OJ Mayo this week by Dallas closed the door on any further efforts to work out a sign and trade. So, Terry will get the MLE for $5 million a year for 3 years.

This signing means a couple of things for the Celtics. Because the Celtics used their mid-level exception, they are not allowed to go above the $74.3 million tax payer limit. They also now have only the bi-annual exception, which is around 1.9 million or vet minimum contracts, that are partially paid by the league.

If Danny is still in pursuit of Courtney Lee, he will have to reach a sign and trade agreement with Houston, or get Lee to accept the bi-annual exception, which would be a pay cut for him. Other teams are still courting Lee, including the Wolves and Suns, both of whom can offer more than the Celtics.  Seeing Gerald Green get $3 million per year from Indiana has to make the remaining wings realize that they can cash in while teams are willing to over pay. 

Perhaps Danny should stop chasing players in the market place and re-sign Mickael Pietrus, who has not made any secrets of wanting to come back to Boston. Pietrus played very well before his knee started bothering him. He played in pain. He was a great locker room guy and he brought a ton of energy off the bench. He's a very good defender and can hit the 3 to stretch the floor. What's not to like?

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