One day after agreeing to trade Jrue Holiday, the Celtics are moving another starter. Kristaps Porzingis is headed to the Hawks in a three-team trade, ESPN’s Shams Charania reports (Twitter link).
Atlanta will acquire Porzingis and a second-round pick in the deal; Terance Mann and Atlanta’s No. 22 pick in Wednesday’s draft are headed to the Nets; and the Celtics are acquiring Georges Niang and a second-round pick.
That second-round pick headed to Boston is coming from Atlanta and is the Cavaliers’ 2031 second-rounder, per Jake Fischer of The Stein Line (Twitter link). In exchange, the Celtics are sending a 2026 second-rounder with “least favorable” language to the Hawks, tweets Michael Scotto of HoopsHype.
The trade, coupled with the agreed-upon Holiday deal with Portland, will allow the Celtics to drop below the second tax apron by $4.5MM, Spotrac contributor Keith Smith tweets. The two deals will reduce their projected luxury tax penalty by nearly $210MM, estimates cap expert Yossi Gozlan (Twitter link).
Porzingis has an expiring $30.7MM contract, while Niang’s expiring deal totals just $8.5MM. Shedding salary has been a goal this offseason for the Celtics, who were facing second-apron restrictions and substantial repeater taxpayer penalties with Jayson Tatum expected to miss most or all of next season while he recovers from a torn Achilles.
A 6’7″ marksman with a career average of 39.9% from beyond the arc, Niang will fit right in as the newest member of the NBA’s leading three-point shooting team in Boston. The 32-year-old forward played some of the best basketball of his career after being traded from Cleveland to Atlanta in February, averaging 12.1 points and posting a 41.3% mark on 6.6 threes per game in 28 games for the Hawks.
While the deal gives the Celtics another shooter and creates substantial tax savings, it depletes their depth in the frontcourt, where Al Horford and Luke Kornet are eligible for free agency. Re-signing one or both of those players while potentially adding another big man figures to be a top priority for Boston this summer.
Meanwhile, with Clint Capela headed to free agency, it appears Porzingis will slot in as the Hawks’ starting center ahead of Onyeka Okongwu. He’ll give Atlanta a quality pick-and-roll partner to team up with franchise player Trae Young and will become extension-eligible in July, though it’s unclear whether his new team will look to extend him right away.
Porzingis has an extensive injury history and was hampered this past season by a lingering illness that affected him during the second half and into the postseason, but the expectation is that he’ll be fully recovered by the fall. The veteran big man continues to produce at a high level when he’s available, having averaged 19.5 points, 6.8 rebounds, 2.1 assists, and 1.5 blocks in 28.8 minutes per game across 42 starts for the Celtics in 2024/25, with a shooting line of .483/.412/.809.
The Hawks were rumored to have interest in free agent big man Myles Turner, another rim-protecting, floor-stretching center. Their acquisition of Porzingis will presumably take them out of the mix for Turner, but they’re still well below the projected tax line and continue to explore opportunities to use a trade exception worth $25MM+, either on the trade market or in free agency (via sign-and-trade), tweets Fischer.
Atlanta made “a lot of calls” about Mann this week, according to Fischer (Twitter link), before eventually finding a taker for the 6’5″ swingman.
Mann, a Brooklyn native, has three years and $47MM remaining on his contract. Acquired from the Clippers at this year’s trade deadline, he had a solid finish to the season on Atlanta’s second unit alongside Niang, averaging 9.8 points, 3.1 rebounds, and 2.1 assists in 22.7 minutes per game across 30 outings. He posted a shooting line of .541/.386/.667 as a Hawk.
Accounting for Mann’s $15.5MM salary and the $3.4MM cap hold for the No. 22 overall pick, the Nets will use up roughly $19MM in cap space to make the deal, which can’t be completed until July 6, after the new league year begins and the July moratorium lifts.
Brooklyn still projects to have substantial cap room and now controls an amazing five first-rounders in this week’s draft — Nos. 8, 19, 22, 26, 27 — which undoubtedly will lead to more deals.
Luke Adams contributed to this story.