Shams: Jabari Parker agrees to new deal to re-sign with the Boston Celtics

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Stadium and The Athletic insider Shams Charania reports in a move that might surprise some fans of the Boston Celtics that the team has come to an agreement with former No. 2 overall pick Jabari Parker to re-sign with the team after clearing waivers at 5 pm ET on Tuesday, Oct. 19.

The surprise factor comes as Boston is less than 48 hours removed from waiving Parker ahead of his $2.2 million previous contract hitting a $1.1 million partial guarantee at the start of the Celtics 2021-22 NBA season. At a recent press conference, Boston head coach Ime Udoka noted that the team “valued flexibility” when making the decision to waive Parker, but what this means for both the player and the team moving forward is at present still unclear.

HoopsHype salary cap guru Yossi Gozslan notes that signing Parker to a one-year veteran minimum is likely the motive as it would save the Celtics some money in a season they’ll be paying quite a bit of salary, but official details or reporting on the issue remains pending.

Celtics Blog’s Keith Smith notes that such a signing would save Boston over a half-million in luxury tax payments by signing him to a deal worth $1,669,178. Smith also notes Parker will likely not see his deal guaranteed until the league-wide requirement date of Jan. 10, presumably to maintain some of that aforementioned flexibility.

Stay dialed in to the Celtics Wire for more updates on this developing story.

This post originally appeared on Celtics Wire. Follow us on Facebook!

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