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Three more moves for the Celtics 07.08.10 at 9:33 am ET
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Doc Rivers is back for the final year of his contract. Paul Pierce is signed for four years and now Ray Allen has returned to the fold, agreeing to a two-year deal with a player option for the second year.

Allen’s contract is a coup for Danny Ainge and the Celtics and it’s also an indication that Allen understands the shifting landscape of the NBA. Allen wasn’t in the market for the proverbial last big contract. He needed a place where his skills could flourish, even at age 35.

He also left himself an out if the Celtics struggle, Rivers decides to leave and a new collective bargaining agreement works in his favor. The Celtics meanwhile have left open a two-year window until Kevin Garnett‘s contract expires. It really is a win-win deal for both sides.

The NBA has set the cap for next year at a tick over $58 million, about $2 million more than was expected, and lifted the moratorium on transactions. Many of the big name players have already decided (with a certain big one still to go Thursday night) and the big work for Ainge and the Celtics is done.

The starting five is under contract along with Glen Davis, first-round pick Avery Bradley, Turkish center Semih Erden and Rasheed Wallace. More on Sheed in a minute, but it’s worth pointing out that Philly legend Sonny Hill told the Globe that Wallace might be re-thinking his decision to retire.

Beyond that, Oliver Lafayette and Tony Gaffney have non-guaranteed minimum-level deals, and there’s also second-round pick Luke Harangody, who has not signed a rookie deal yet. Keeping Wallace where he is for a moment, that’s 12 players if all of the rookies make the final roster.

Now Ainge has to get creative.

Keep a few things in mind. The Celtics are over the cap and they used the bi-annual exception on Marquis Daniels last summer. That leaves the mid-level exception, valued at $5.765 million, and veteran minimum contracts.

Here are three more items of business for Ainge as he puts the finishing touches on the 2010-11 Celtics. Read the rest of this entry »

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