Celtics rumors: Boston to buy out Paul Pierce?

The News-Herald in Ohio reported this weekend that Boston Celtics director of basketball operations Danny Ainge is likely to buy out forward Paul Pierce's $15 million contract for the 2013-14 season. However, Rich Levine of CSN New England countered that he spoke with a Celtics' source that "immediately laughed off" the report.

There is a chance that the Celtics do elect to buy out Pierce's remaining contract for the $5 million he is guaranteed. However, the laughable part of the report for the team source had to do with the fact that Boston had already reached a decision.

As Levine pointed out, there's likely still at least three weeks remaining in the NBA season. Once the offseason gets here, the Celtics are likely to begin exploring every option they can to put the best team on the court for next season and the future.

This exploration will be impacted by free agency and the draft, not to mention the actions of other teams. There's still plenty of time remaining before a decision has to be made. We'll see if reports of Pierce's pending buy out wind up true, but it likely won't be for a while.

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