Celts waive Will Bynum, finalize roster

The Boston Celtics waived Will Bynum on Monday to drop to the league maximum of 15 players in advance of the start of the 2014-15 regular season.

The Celtics acquired Bynum from the Detroit Pistons earlier this month in a cost-saving swap that sent out Joel Anthony. The team pursued additional deals in hopes of not having to eat a guaranteed contract, but came up empty.

By waiving Bynum, the Celtics will stomach his $2.9 million contract. The team remains about $2 million under the luxury tax line ($76.8 million) with a total commitment of roughly $74.8 million entering the season.

In announcing Bynum's release, the team also formally waived Erik Murphy (eating a $100,000 guarantee) and training camp invitees Tim Frazier, Rodney McGruder, Christian Watford and guard/forward Jarell Eddie. Some of those invitees are expected to land as affiliated players with the Maine Red Claws of the NBA Development League.

A look at Boston's official opening-day roster:

Celtics 2014-15 roster