• Jaylen Brown signed a five-year, $304 million contract with the Boston Celtics on Tuesday
• This is the richest contract in league history, becoming the first $300 million deal given to a player
• Brown intends to use his riches to help the community in Boston
Jaylen Brown will not hold back on his philanthropic side after signing a five-year, $304 million extension with the Boston Celtics.
In a press conference after signing the extension, Brown openly detailed how he wants to use his money to help improve the lives of the Black population in Boston and address the wealth gap.
“I want to launch a project to bring Black Wall Street here in Boston. I want to attack the wealth disparity here. I think there’s analytics that supports that stimulating the wealth gap could actually be something that could be better meant for the entire economy.”
Brown further detailed his vision.
“I think through my platform, through influential partners, through selected leaders, government officials, a lot who are in this room, that we can come together and create new jobs, new resources, new businesses, new ideas that could highlight minorities but also stimulate the economy and the wealth gap at the same time.”
Brown has never shied away from trying to make a positive impact on the community around him. With a lot more financial power starting in the 2023-24 season, hopefully, he can deliver on his lofty off-court ambitions. He averaged 26.6 points, 6.9 rebounds, and 3.5 assists last season and was named to the All-NBA team.
Will The Celtics Regret Giving Brown This Contract?
NBA contract values are going up every season. Every offseason sees a player break the record for the richest contract in league history. Seven years ago, it was Mike Conley Jr. Last year, it was Nikola Jokic, and now, it’s Jaylen Brown. Jayson Tatum will be getting the same supermax extension next offseason and it’ll have a higher dollar value due to the natural season-by-season cap increases.
This contract can become an albatross if Brown suffers a major injury or suddenly falls off skill-wise, but it should be a good deal. The Celtics couldn’t let a home-grown All-NBA caliber player walk out for nothing. They now have added pressure to maximize what they put around Tatum and Brown, as this extension solidifies Boston’s future as a second-apron luxury tax team for the next few seasons.
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