The Boston Globe (Marc Spears) reports: The Celtics agreed to terms with guards Eddie House and Tony Allen to return, general manager Danny Ainge announced today. Both will get two-year contracts (though House’s second year is a player option, according to an NBA source). House’s deal was made using a portion of the team’s $5.5 million mid-level exception. According to the source, House will make $2.7 million next season and $2.9 million the year after if he excercises his option.

InsideHoops.com reaction: Good move by the Celtics. Both players are worth signing. Still, the team does need to replace James Posey, who was like a combination of Robert Horry (clutch shots in the playoffs) and Bruce Bowen (good defense on key swingmen) when it mattered most.

Though, hats off to Paul Pierce for guarding Kobe in the Finals about as well as Posey did.