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Stock impact report

Sources: Greg Monroe, Celtics agree on 1-year, $5M deal [ABC News]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: ABC News
Center Greg Monroe has committed to signing a one-year, $5 million contract with the Boston Celtics , league sources told ESPN. Monroe, who will clear waivers on Saturday after agreeing to a contract buyout with Phoenix, chose the Celtics over the New Orleans Pelicans . Boston didn't make hard and firm promises on playing time with Monroe, league sources said. Monroe's ability to score the ball inside gives Boston another dimension as it prepares to make a push for a deep run into the Eastern Conference playoffs. sc The Pelicans ability to offer Monroe the chance at a starting job -- in his childhood hometown -- made for a compelling case with Monroe, but he ultimately chose the Celtics' ability to offer him more money based upon carving $5 million out of its $8.4 million disabled player exception awarded with the season-ending injury to Gordon Hayward. Monroe agreed to a contract buyout on the remainder of his $17.8 million salary this season and will be Show less Read more
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