Celtics, Nets finalize their blockbuster deal

Paul Pierce (left) has been with the Celtics since it drafted him 10th overall in 1998. Kevin Garnett joined the Celtics in a 2007 trade with Minnesota.
Getty Images/File
Paul Pierce (left) has been with the Celtics since it drafted him 10th overall in 1998. Kevin Garnett joined the Celtics in a 2007 trade with Minnesota.

ORLANDO — The Celtics and Brooklyn Nets finalized their blockbuster trade Friday, officially ending the Paul Pierce-Kevin Garnett era in Boston.

The deal, which was agreed to in late June, sends Pierce, Garnett, Jason Terry, and D.J. White to Brooklyn for forwards Gerald Wallace, Kris Humphries, and Kris Joseph, guard/forward Keith Bogans, guard MarShon Brooks , three first-round draft picks, and the option to swap first-round picks in the 2017 draft.

“We would like to thank Paul, Kevin, and Jason for everything that they have done for this franchise,” Celtics president of basketball operations Danny Ainge said in a statement. “We would not have won banner 17 without Paul and Kevin and they will go down amongst the all-time great players to have ever worn a Celtics uniform.”


Pierce, the second-leading scorer in Celtics history, has been with the team since it drafted him 10th overall in 1998. Garnett joined the Celtics in a 2007 trade with Minnesota. In their first season together, Pierce and Garnett helped deliver the Celtics their first championship in 22 years.

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“Paul and Kevin exemplified everything it means to be a Celtic,” team owner Wyc Grousbeck said.

The Celtics announced they would hold a press conference Monday at their training facility in Waltham, but did not indicate which new players would be present.

Boston now has 15 players under contract for the upcoming season, the maximum a team can have on its roster during the regular season, but both Joseph and Shavlik Randolph have nonguaranteed deals.

To clear a roster spot, possibly for draft pick Colton Iverson, the Celtics could waive Joseph, whose deal becomes partially guaranteed on Aug. 1.


The Celtics are under the “apron,” which is the mark $4 million over their tax line — about $75.6 million next season. But the Celtics will be hard-capped next season, meaning their bottom line cannot be more than that amount through June 30, 2014.

The reason the Celtics will be hard-capped is because they accepted a player (Bogans) in a sign-and-trade, which automatically triggers the hard cap.

Kidd makes pitch

When Jason Kidd, Brooklyn’s rookie coach, spoke to Garnett on draft night when the terms of the deal were essentially agreed to, Kidd said his pitch was simple.

“My pitch was to have an opportunity to win a championship again, and being able to not just win a championship but teach these guys what it takes to win,” Kidd said during the Orlando Summer League.

The Nets have scheduled a press conference to introduce Garnett, Pierce, and Terry at noon on July 18 at the Barclays Center.


“Today, the basketball gods smiled on the Nets,” owner Mikhail Prokhorov said in a statement.

Kidd said he doesn’t believe it will be awkward coaching players he’s played against.

“Paul, when I talked to Paul he was excited for me because he felt this was something that the league needed, to get some new blood in as coaches,” Kidd said.

“I don’t think it’s going to be any awkwardness, I think it’s going to be a great combination of them being able to help me and me being able to help them.”

At this stage in their careers, Garnett and Pierce won’t and can’t play heavy minutes, though it might be hard to convince them of that.

“I’ll just cut the uniform off. That’s all, that’s easy,” Kidd said, half-joking.

“Being able to say I sat in that seat, being able to talk to KG, Paul, and Jet about those situations, hopefully they’ll listen and be able to understand the bigger picture.

“I’ve always called the regular season the dress rehearsal for the real season of trying to win a championship, so I can share that knowledge.

“But KG and Paul sometimes could be stubborn because they’re warriors and they want to be out there and help. Sometimes when they look in that locker their jerseys won’t be there. That’s the best way to keep those guys’ minutes down.”

Olynyk impresses

Randolph attended the Celtics’ final summer league game Friday, a 102-83 blowout of the Magic, to get a look at some of his potential future teammates, including rookie standout Kelly Olynyk.

“You mean, Dirk?” Randolph said, when asked for his thoughts on Olynyk, whose play during summer league has drawn some premature comparisons to Dallas star Dirk Nowitzki.

“He’s very impressive,” Randolph added. “Very skilled 7-footer who can shoot, can put the ball on the floor. I think he’s a better rebounder than people give him credit for. He’s a player.”

Olynyk had 12 points and 7 rebounds in 15 minutes. Olynyk averaged 18 points and 7.8 rebounds as the Celtics went 3-2 over the week.

Olynyk, a Gonzaga product and the 13th overall pick in this year’s draft, was named to the first-team All-Summer League team along with Detroit’s Andre Drummond, Houston’s Terrence Jones, Oklahoma City’s Jeremy Lamb, and Orlando’s Victor Oladipo.

Meanwhile, Randolph, who joined the Celtics after playing in China, is set to rejoin a team that has undergone plenty of changes this offseason.

“It’s a lot to take in,” he said. “I definitely think, as being part of the Celtics organization, we have a lot to look forward to, the fans have a lot to look forward to.”

With all the changes, Randolph, who averaged 4.2 points and 4.4 rebounds in 16 games last season, is now one of the Celtics’ most veteran players at age 29.

The Celtics have until Aug. 1 to either waive Randolph or pick up his option; if they do pick up that option, his contract will be fully guaranteed and he’ll earn about $1.1 million.

“I’m pretty confident I’ll be here,” he said.

Sixers eye Larranaga

Celtics assistant coach Jay Larranaga is expected to interview for the Philadelphia 76ers coaching position, a league source confirmed to the Globe.

Larranaga, who coached the Celtics’ summer league team, just finished his first season with the team. The 38-year-old is the son of Jim Larranaga, the coach at the University of Miami.

Larranaga also interviewed for the Celtics’ coaching position, which went to Brad Stevens.

Baxter Holmes can be reached at Follow him on Twitter at @BaxterHolmes