Do the Celtics have cap room for an extension?
No. IT could get an extension that starts next year at about $7.5 million. This is a wasted thread.
I didnt consider this aspect
So the Celts cant pay him 20 million per year max extension, with Wyc having to pay the luxury tax?
Also why cany the Celts set up a pre extension like what Harden got from the Rockets with 2 years currently left in his contract?
Harden is eligible for the Designated Veteran Extension, which IT is not eligible for because a) he has not been in the league long enough (minimum 7 seasons) and b) has not been with the Celtics long enough (minimum 5 seasons).
You are allowed to renegotiate and extend a contract that has been signed meow than three years ago, for which IT would be eligible effective today, I believe, but only if you have the cap space to add to the contract. Otherwise it can just give a player a 20% raise next year.
If we had missed out on Hayward, it was very possible IT would have been given a renegotiation /extension at the reduced max price this year. But since we got Hayward, we have no cap room. I prefer Hayward, myself. IT will get paid next year. Ownership presumably has set a budget that allows them to pay the luxury tax next year if they signed a max player this summer, since they'll pay to be contenders.