Overview

• Boston acquires 26-year-old guard Anfernee Simons on an expiring deal along with two future second-round picks in exchange for Jrue Holiday.
• The swap reduces the Celtics’ projected luxury tax liabilities by about $40 million, moving them closer to the NBA’s second tax apron.
• This trade kicks off an active offseason as Boston seeks further moves to retool without Jayson Tatum, who faces a lengthy recovery from an Achilles injury.
• Holiday is owed roughly $72 million across the next two seasons and will return to Portland to mentor a young core led by Scoot Henderson.
• Despite interest from the Kings and Mavericks, the Trail Blazers plan to keep Holiday as a veteran presence in their push to compete in the Western Conference.