The Celtics are relinquishing forward Jabari Parker, according to a league source. Parker’s $ 2.3 million salary was to be guaranteed at the start of the regular season.
Boston now has an open list spot and an open two-way contract slot.
Basketball operations president Brad Stevens recently said the team will likely wait and see which players are available after other cuts in the league before deciding how to use second place back and forth. The Celtics, who operate above the luxury tax threshold, could just keep 15th place open. As well as being a cost saving measure, it could also create options for two-for-one trading.
Additionally, bidirectional contract players are now eligible to be active for up to 50 games per season, essentially serving as end-of-roster depth at a lower price.
Several notable veterans have been taken down in recent days, including Dante Exum, Avery Bradley, Kris Dunn and Jordan Bell.
The Celtics signed Parker, the No.2 pick in the 2014 draft, to a two-year contract last April, but only $ 100,000 of that season’s salary was guaranteed. He appeared in 10 games for the Celtics last season, averaging 6.4 points and 3.6 rebounds per game. He started Boston’s pre-season final against the Heat on Friday, recording four points and three interceptions.
Adam Himmelsbach can be contacted at [email protected] Follow him on twitter @adamhimmelsbach.