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James Posey Signs with Hornets

The Celtics somehow were not able to re-sign pivotal swingman James Posey Wednesday, as he was able to reach an agreement with the New Orleans Hornets on a four-year, $25-million deal.

Danny Ainge apparently was reluctant to offer more than three years and $5.8 million, so he took an extra year and slightly more money ($6.25 million average salary) to play for a strong Western Conference foe.

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2 comments for “James Posey Signs with Hornets”

  1. [...] James Posey has really stung the Celtics, signing with the New Orleans Hornets to a four-year, $25-million [...]

    Posted by Celtics Four-Point Play 7-16 | Sports of Boston | July 16, 2008, 6:12 pm
  2. Not surprised, always thought he would go to LA, but I didn’t see the Celts giving him a fourth year (could this be similar to the Sox not wanting to give Pedro long term?). Posey is no Pedro, but at 6 mil a year for a team already over the luxury tax, I don’t know.

    Maybe this signifies Ainge still looking toward the future. With Scal’s contract (I think $5 mil a year) coming up as well the Celts should be able to pull in some decent free agents for their bench.

    Of course he’s just a rookie but many scouts I’ve read say Giddens can be a dynamic defender, perhaps Ainge and co. felt he or TA if they bring him back will step in and help out.

    No doubt they lose a presence on and off the court, but let’s remember that Pose has only been here one year and already has his titles, you can’t blame him for wanting the cash (and a chance to play with Chris Paul).

    Posted by Jeff | July 16, 2008, 7:26 pm

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