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Tune in to live broadcast of Sheed press conference 07.09.09 at 1:14 pm ET
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Tune in to WEEI on Thursday at 4pm for a live broadcast of Rasheed Wallace’s introductory press conference with the Celtics during The Big Show. Hear what Danny Ainge, Doc Rivers, and Sheed himself have to say about the newest member of the Celtics. Check back to WEEI.com for reaction and analysis. Comcast SportsNet will also broadcast the press conference.

Read More: Boston Celtics, Rasheed Wallace,
Report: Hudson breaks finger 07.08.09 at 11:01 pm ET
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On Wednesday Celtics draft pick Lester Hudson broke his left ring finger at Orlando Summer League and will have to return to Boston, according to the Boston Herald. He may require surgery. The Herald reports Hudson suffered the injury as he tried to brace himself during a fall during the Celtics 12-point loss to the Oklahoma City Thunder.

‘€œIt’€™s very tough because I want to show Danny (Ainge) and the coaches what I can do,’€ Hudson told the Herald. ‘€œBut I won’€™t be out there to do it now. I think I can still play right now, but I have to sit back.’€

Celtics.com reports J.R. Giddens dislocated a finger on his left hand but stayed with the team.

Read More: Boston Celtics, J.R. Giddens, Lester Hudson,
Celtics sign Rasheed Wallace at 2:49 pm ET
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On Wednesday the Celtics announced the signing of free agent Rasheed Wallace. Terms of the deal were not disclosed per team policy. However the contract is reported to be two years worth the mid-level of approximately $5.7 or $5.8 million per season.

“We are ecstatic to be able to add a player the caliber of Rasheed Wallace to our team,’€ said Celtics President of Basketball Operations, Danny Ainge in a team statement.  ‘€œIt is not every day that you can add a four-time All-Star and a player with championship experience.’€

Update: The Boston Globe has reported Wallace signed a three-year contract with a third-year player option.

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Celtics hit with luxury tax at 9:44 am ET
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The Boston Celtics have to pay up, according to a league memo obtained by ESPN.com.

The NBA released an official statement announcing the salary cap for the 2009-10 season has been set at $57.7 million with a tax level of $69.92 million. Teams will have to pay a $1 tax for every $1 their payroll surpasses the tax level.

The 2009-10 salary cap is down just under a million dollars from last season ($58.68M). The tax level is also down from $71.15M.

ESPN.com reported the Celtics are one of seven teams that owe luxury tax payments based on payroll from last season. The Cs owe $8,294,664 by July 22. The Knicks and Mavericks were hit the hardest, owing nearly $24 million apiece.

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Former Celtics O’Bryant, Wallace to play in Vegas 07.06.09 at 4:20 pm ET
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Former Boston Celtics Patrick O’€™Bryant and Brandon Wallace will participate in the upcoming Las Vegas Summer League, July 10-19.

O’€™Bryant will play for the Toronto Raptors. Last season the Celtics dealt him to the Raptors before the trade deadline.

Wallace will represent the Washington Wizards. He signed his first NBA contract with the Celtics two years ago at Summer League in Vegas. Last year he played for the Charlotte Bobcats summer squad along with former Celtic Orien Greene.

Boston College guard Tyrese Rice will also play for the Wizards.

Read More: Boston Celtics, Brandon Wallace, Patrick O'Bryant, Tyrese Rice
Giddens eager to prove himself at 8:36 am ET
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J.R. Giddens wants to show the Celtics just how important he can be. As the team rebuilds its bench this summer, he is eager to capitalize on this opportunity.

This week he will make his case when the Celtics participate in the Orlando Summer League.

‘€œI just want to go out to Summer League and show the Celtics that I have an all-around approach to the game,’€ Giddens said in a telephone interview. ‘€œI can defend and rebound and I can score. I can bring a lot of different things to the table, and I feel like it’€™d be beneficial for them if I can show them I can help them win ball games.’€

Giddens, 24, understands the importance of a strong performance in Orlando as he looks ahead to his second season.

The 6-5 guard from New Mexico was drafted by the Celtics with the final pick in the first round of the 2008 NBA Draft. He experienced life as a rookie on a championship team, which meant stints in the D-League and more watching than playing. He recorded just eight minutes for the Cs.

Giddens has dedicated this summer to improving his game and continuing to adapt to the NBA. He has hit the gym every day for lifting and conditioning. The coaching staff, he says, has been pleased with this work ethic.

‘€œ[I've been] working on my ball handling and my free throw shooting and just trying to extend my range and get used to that three-point line because it’€™s a lot deeper in the NBA than it is in college,’€ Giddens said. ‘€œSo just doing the little things that I need to tighten up on my game.’€

Playing time is up for grabs next season and it’s not just reserved for free agent signings. There is basically one spot to fight for between Giddens and fellow sophomore Bill Walker. Giddens wants to be prepared if he gets the nod.

‘€œThere’€™s a lot of opportunities and you have to realize basketball is a business,’€ he said. ‘€œ A lot of changes are going to be made and you just have to be ready when your name’€™s called in any situation.’€

The Celtics will kick off Summer League action on Monday against the Utah Jazz. Click here for a complete schedule and roster.

Read More: Bill Walker, Boston Celtics, J.R. Giddens,
Wallace to sign two-year deal with Celtics 07.05.09 at 8:46 pm ET
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Jeff Goodman of WEEI.com and FoxSports.com has learned from a source Rasheed Wallace will sign a two-year deal with the Celtics for the mid-level, which is worth approximately $5.7 or $5.8 million per season. Free agents can sign on July 8.

The Celtics made an aggressive bid for the four-time NBA All-Star when Paul Pierce, Ray Allen, Kevin Garnett, Doc Rivers, Danny Ainge, and Wyc Grousbeck flew to Michigan to meet with him last week. Wallace had reportedly garnered attention from several championship-contending teams, including the Orlando Magic and San Antonio Spurs.

Wallace, 34, was selected by the then-Washington Bullets with the fourth pick in the 1995 NBA Draft. Kevin Garnett was selected with the fifth pick. Wallace has a career average of 15.0 points and 6.9 rebounds in over 1,000 games. He currently ranks ninth among all active players in blocks (1375). (Click here to see an example of his recent handiwork against the Celtics.)

Part of Wallace’s appeal is his inside-outside game. Listed as a forward-center, the 6-foot-11 Wallace is also dangerous from long range. Last season he shot 35.4 percent from behind the arc and led the Pistons in three-point shots with 113, just six less than Paul Pierce.

Even more important to the Celtics, he has proven postseason experience. Wallace has advanced to the playoffs in every season since 1997 and averaged 14.6 points and 5.7 rebounds in the postseason. He won the NBA championship with the Detroit Pistons in 2004. He averaged 12.0 points, 7.0 rebounds, and 2.0 blocks against the Celtics in the 2008 Eastern Conference Finals.

Wallace has also earned a reputation for being an emotional player. He has been suspended for exceeding the limit of 16 technical fouls in a season.

Read More: Boston Celtics, Rasheed Wallace,
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