Boston, Massachusetts – Jayson Tatum, the star forward for the Boston Celtics, has secured his place in the NBA’s exclusive $300 million club with a record-breaking contract extension. Tatum has agreed to a five-year, $314 million deal that will keep him with the reigning NBA champions through the 2029-30 season. The contract includes a player option and a trade kicker, according to reports from multiple sources.

This monumental agreement comes after Tatum’s outstanding performance during the Celtics’ journey to the 2024 NBA title. With an impressive stat line, including averaging 26.9 points, 8.1 rebounds, and 4.9 assists per game, Tatum solidified his status as a five-time All-Star and member of the All-NBA First Team for the third consecutive season. His stellar play continued in the playoffs, where he stepped up with 30+ point performances, culminating in a 31-point game to clinch the championship against the Dallas Mavericks.

In addition to his success on the court, Tatum is set to represent the U.S. men’s basketball team this summer as they aim for a fifth straight gold medal. Having already tasted Olympic success in Tokyo in 2020, Tatum will bring his winning mentality to the international stage once again.

The news of Tatum’s historic contract extension coincides with teammate Derrick White also securing a lucrative deal with the Celtics. With all five starters under contract, including Tatum, Brown, White, Holiday, and Porzingis, Boston’s roster looks formidable for the foreseeable future. Additionally, Celtics ownership has announced plans to sell all shares by 2028, indicating potential changes in the franchise’s leadership.

As the Celtics gear up for the upcoming seasons, the financial implications of Tatum’s record-breaking extension will significantly impact the team’s payroll and luxury tax. With a combined cost exceeding $400 million, Boston is poised to invest heavily in securing its star players and maintaining its competitive edge in the NBA.