C's announce signings of Pressey, Faverani

The Boston Celtics formally announced the signings of undrafted point guard Phil Pressey and Brazilian center Vitor Faverani on Monday.

Terms of the deals were not disclosed, but Pressey is expected to be a three-year, minimum-salary pact ($490,180 next season) that will likely feature nonguaranteed portions of his deal. Multiple reports indicate Faverani will sign for three years and $6 million, meaning over-the-cap Boston has used a portion of its midlevel exception to sign him with a starting salary of around $2 million.

Pressey, the son of former Celtics assistant coach Paul Pressey, starred at summer league in Orlando and played his way into a deal with potential to be a backup ball-handler behind Rajon Rondo. Ainge noted that Boston has monitored Faverani in the past, and he'll add pure center size to a frontcourt currently jammed up with power forwards.

Here are the team-issued bios on the signees:

Faverani, a 25-year old, 6-11 center, played in 23 games for Valencia Basket of the Spanish ACB last season and averaged 9.3 points and 4.6 rebounds while shooting 55 percent from the floor in 17 minutes per game last season. Faverani also appeared in nine games of the Eurocup competition for Valencia last season and averaged 6.7 points and 3.4 rebounds in 13.3 minutes per game. A native of Porto Alegre, Brazil, Faverani posted his best statistical season for CB Murcia of the Spanish LEB Oro during the 2010-11 where he averaged 14.9 points and 6.4 rebounds in 22.0 minutes over 34 games. He also shot 70.7 percent on all of his two-point field goal opportunities that season.

Pressey, a 5-11 guard, was a member of the 2013 Celtics Orlando Pro Summer League roster where he averaged 9.4 points, 6.6 assists and 2 steals in 23 minutes per game. Pressey played collegiately at Missouri where during the 2012-13 season he was named a finalist for the Bob Cousy Award which is given to the best point guard in the nation. The Dallas, Texas native averaged a career-high 11.9 points and 7.0 assists per game during his junior season. Pressey was named First Team All-SEC and to the All-SEC Tournament team and finished just one assist shy of the second highest single season mark for assists in SEC history during the 2012-13 season (240). Pressey posted 19 points and 19 assists against UCLA on December 28, 2012 which tied the SEC record for most assists in a single game and was also the highest single game total posted during the 2012-13 season in Division I.

The Celtics now have 16 signed players, including one nonguaranteed contract in Shavlik Randolph, whose deal becomes guaranteed on Aug. 1. With logjams at shooting guard and power forward, Celtics president of basketball operations Danny Ainge has previously hinted that more moves could occur in order to trim salary and free roster spots.