According to a source familiar with the negotiations, Ray Allen and the Celtics have agreed to a two-year deal worth $10 million annually, with the second year being a player option. The 34-year-old Allen just wrapped up his third year with the Celtics, averaging 16.3 points per game for Boston. For more see the Celtics team page at weei.com/celtics. ESPN's Marc Stein was the first to report the agreement.

Add Jermaine O'Neal to the list of available big men who may be looking to join the Celtics in free agency. O'Neal told ESPN's Marc Stein that he's considering the Celtics, along with the Mavericks and Nuggets. Read more on Green Street.

According to an ESPN report, Dwyane Wade will re-sign with the Heat and be joined by Raptors free agent Chris Bosh. The players are expected to announce their decision Wednesday, one day before LeBron James declares his choice in an ESPN special Thursday night.

LeBron James will announce his plans for the future during a one-hour special on ESPN Thursday night at 9. Which team do you think the superstar will play for next season? Cast your vote in our poll at the Green Street blog.

After coming up short on Monday against the more talented Thunder squad in the first day of Summer League, the Celtics once again lost a lead on Tuesday in a loss to the 76ers.


Boston (0-2) came out and quickly took an early 15-3 lead in the first quarter on the strength of Tony Gaffney’s play. After struggling in nearly 25 minutes of play on Monday, Gaffney was much more productive and filled the stat sheet against Philadelphia with 10 points, five rebounds, one assist, one steal and one blocked shot.

 

Recent reports indicated that Rasheed Wallace might be reconsidering his decision to retire. Celtics coach Doc Rivers, however, said Monday from the Summer League in Orlando that Wallace is helping the team by delaying an official decision.

 

"He's trying to help us out by waiting, which is good,'' Rivers said in a story at AOL FanHouse. "He's still our property so we can use that in a trade or something. He's doing a great thing for us."

 

Rivers said the chances that Wallace will return are "very little or none."

While the Celtics try to convine Ray Allen to return for another shot at a title with the Big Three, the guard is waiting to see where the big-name free agents land. Reports indicate Allen is being courted by some of those players to join them as they try to build a championship-contending team. WEEI.com's Paul Flannery looks at the situation and examines some possibilities in his story at the Green Street blog.

The Celtics and Shaquille O'Neal?

I guess it's possible, as long as everyone is realistic. That, of course, starts with Shaq himself. And that's where the problem begins.



KIRK MINIHANE

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According to a report on ESPN.com, which cited league sources, the Celtics have expressed interest in center Shaquille O'Neal. With the C's already over the salary cap, they could offer no more than the $5.8 million per year mid-level exception. According to the report, O'Neal would be intrigued by the idea of playing for Celtics coach Doc Rivers and with forward Kevin Garnett.

 

The Celtics dropped their opener of its 2010 summer league, 87-82, to the Oklahoma City Thunder Monday in Orlando. The Celtics led by 15 points at the end of the first quarter and nine at the end of the third, but were unable to hold on as the Thunder outscored Boston by a 27-12 spread in the final 12 minutes.