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Paul Pierce Agrees to Re-Sign With Boston Celtics, Herald Says

July 2 (Bloomberg) -- All-Star forward Paul Pierce agreed to terms on a new contract with the Boston Celtics, according to the Boston Herald.

Pierce, who has played his entire 12-year career for the Celtics, reached agreement on a four-year, $61 million contract, with options for both sides after three years, the newspaper said on its website, citing unnamed people familiar with the agreement. The contract can’t be officially signed and announced until July 8.

Pierce, 32, opted out of the final year of his last contract, becoming an unrestricted free agent yesterday. He was scheduled to receive $21.5 million, and will now have a more secure future while giving the Celtics more flexibility, according to the Herald.

The eight-time All-Star has a career scoring average of 22.5 points per game. His 18.3 scoring average last season led the Celtics, who reached the National Basketball Association Finals for the second time in three years, falling to the Los Angeles Lakers in seven games.

To contact the reporter on this story: Mason Levinson in New York at mlevinson@bloomberg.net.

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net.

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