As teams around the NBA finalize their rosters for the 2024-25 season, the Celtics waived Lonnie Walker IV on Saturday.
The former first-round pick joined the reigning champions on an Exhibit 10 deal. However, converting that into a standard contract would have resulted in a roughly $10 million tax hit.
Boston is already committed to north of $203 million in total salary cap allocations. The Celtics are $7.6 million over the second apron, per Spotrac …