Hauser's contract renewal costs the team a huge bill
The Boston Celtics announced a five-year, $100 million contract extension for Sam Hauser, which means the team's owners will have to pay $210 million in taxes due to exceeding the salary cap.
This renewal is a major blow to the Celtics' coffers, as they will incur more than $400 million in taxes that the team's owners will pay next season due to the high salaries of the championship-winning stars.
The taxes are a steep price to pay for the Celtics' recent success, with the team winning the NBA championship in 2023 and boasting a roster of high-paid stars such as Jayson Tatum, Jaylen Brown and Marcus Smart.