The Boston Celtics announced today that they have promoted Celtics Executive Director of Basketball Operations/General Manager Danny Ainge to President of Basketball Operations. The team also announced that Ainge’s contract has been extended. Per team policy, terms of the deal were not disclosed.
“Danny has been a key part of building our World Championship team and basketball program,” Boston Celtics Managing Partner and Co-owner Stephen Pagliuca said. “He represents all that is the best of Celtics Pride and we applaud his success.”
Ainge, the 2007-08 NBA Executive of the Year, orchestrated the trades that brought Kevin Garnett and Ray Allen to Boston that brought the Celtics their NBA record 17th Championship during the 2007-08 season. Ainge was named to the position of Executive Director of Basketball Operations after the 2002-03 season. Ainge is currently in his 6th year in the position and his 14th overall with the organization.
“Danny was visionary as he assembled the players who brought home our seventeenth banner,” Managing Partner and CEO Wyc Grousbeck said. “His work ethic, character and insight earned him Executive of the Year and earned us a world title.”
During his 14-year playing career, Ainge won two World Championships with Boston (1984, 1986) and appeared in six NBA Finals (four with Boston). He finished his career third in NBA playoff history for games played (193) and sixth in most three-pointers made (172). He also finished eighth in three-pointers attempted (433). Upon his retirement, Ainge was one of three players in NBA history to make 1,000 or more career three-pointers (1,002), along with Dale Ellis and Reggie Miller.
The Los Angeles Lakers have exercised a fourth year contract option for the 2009-10 season on Jordan Farmar, it was announced today. In accordance with the league’s collective bargaining agreement, the Lakers had until October 31 to exercise their option on Farmar. Per team policy, terms of the agreement were not released.
The Milwaukee Bucks have acquired forward Austin Croshere (pronounced CROW-zhur) off of waivers, General Manager John Hammond announced today. In a subsequent move, the team requested waivers on forward Adrian Griffin.
The Chicago Bulls announced today that the team has re-signed forward/center Michael Ruffin to a contract. Per team policy, terms of the contract were not disclosed.
The Toronto Raptors announced Monday they have exercised the fourth year team option on the Rookie Scale Contract of forward Andrea Bargnani. Bargnani is now guaranteed through the 2009-10 season. In accordance with the league’s collective bargaining agreement, the Raptors had until October 31 to exercise their option on Bargnani. Per team policy, financial terms of the deal were not disclosed.
Washington Wizards President Ernie Grunfeld announced today that the team has exercised the third-year option on both center/forward Oleksiy Pecherov and guard Nick Young. Per team policy, terms of the contract were not released.
The Charlotte Bobcats today requested waivers on forward Jermareo Davidson. The Bobcats roster now stands at 14 players.
The New York Knickerbockers President of Basketball Operations Donnie Walsh announced today that forward Patrick Ewing, Jr. has been waived.