Jrue Holiday contract details: Celtics guard inks massive extension through age 37 season

The Celtics are committing to All-Star guard Jrue Holiday for the long term.

Holiday agreed to a massive four-year, $135 million contract extension with Boston, ESPN’s Adrian Wojnarowski reported Wednesday. The deal will keep the veteran defensive stopper in the Celtics’ iconic kelly green through the end of the 2026-27 season, with a reported player option for the 2027-28 season.

The Celtics acquired the two-time All-Star via trade just days before training camp opened for the 2023-24 season. Holiday was sent to the Trail Blazers in the deal that landed All-Star guard Damian Lillard with the Bucks, and he was flipped to Boston four days later.

The Celtics traded reigning Sixth Man of the Year Malcolm Brogdon, Robert Williams III and two first-round picks for Holiday, who has been an immediate difference maker in Boston’s pursuit of its 18th NBA title.

For more information on Holiday’s contract extension with the Celtics, The Sporting News has you covered below.

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Jrue Holiday contract extension details

  • Years: Four
  • Value: $135 million

Holiday, 33, declined his $37.3 million player option for the 2024-25 season to sign a longer-term deal that takes him through the 2027-28 season, when he will be 37. The final year of his contract extension will be a player option, according to The Boston Globe’s Adam Himmelsbach.

It is also worth noting that, by reducing Holiday’s 2024-25 base salary from $37.3 million to $30 million, the Celtics will save over $35 million in luxury tax penalties, according to ESPN salary cap expert Bobby Marks.

Holiday’s extension places him in elite company. He joins LeBron James, Stephen Curry and Al Horford as the only players in NBA history to sign a fully guaranteed deal worth more than $100 million at 33 years or older.

The five-time All-Defense standout has sacrificed personal stats this season, but he has made a significant impact in bringing championship DNA to a Celtics team that is desperate to get over the hump.

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Holiday is averaging just 12.5 points, 5.4 rebounds, 4.9 assists, 0.9 steals and 0.8 blocks per game, but he is the key cog of Boston’s defense. Head coach Joe Mazzulla consistently calls his number to shut down the opposing team’s primary scorers, and his career-best 43.1% 3-point shooting helps open up Boston’s league-best offense.

The Celtics’ front office continues to lock up their championship core, with Holiday being the latest player to sign a long-term extension.

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Last offseason, Boston extended Kristaps Porzingis through 2025-26 and Jaylen Brown through 2028-29. Star forward Jayson Tatum is also in line to sign a five-year supermax contract this offseason, which would keep him with the Celtics through 2029-30.

The last missing piece for Boston’s long-term core is Derrick White, who is extension-eligible again this offseason. If the two sides can’t reach an agreement, White will become an unrestricted free agent after the 2024-25 season.

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