BOSTON (CBS) — The Celtics made a move on Thursday night, just not the one people were hoping for.
According to multiple reports, Boston extended a qualifying offer to Kelly Olynyk on Thursday, making the seven-footer a restricted free agent.READ MORE: Coronavirus In Massachusetts: Today's Developments
You may be asking yourself one question: Why?
The Celtics are thinking big this offseason, hoping to land a pair of star players, and Olynyk probably isn’t part of those plans after four up-and-down seasons in Boston. The Celtics can now match any offer he receives in restricted free agency, but just because they gave him a qualifying offer doesn’t mean he’ll be hoisting up threes in Green next season.READ MORE: Wednesday's Child: 15-Year-Old Gianna
The Celtics can rescind their offer to Olynyk at any time should they need to clear up cap space (say, if they want to sign Gordon Hayward to a max contract), much like they did last year with Jared Sullinger. Even if no qualified offer was made and Olynyk was an unrestricted free agent, he would still carry a $7.7 million cap hold against the Celtics. Boston could also swing a potential sign-and-trade with Olynyk if they’ll like to try to collect a few extra assets.
So don’t worry. A qualifying offer doesn’t mean Olynyk will be back and making a ridiculous amount of money with the Celtics next season.MORE NEWS: At-Home Rapid Antigen COVID-19 Testing Gaining Popularity Ahead Of Holidays