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Reports: Kevin Garnett to re-sign with Celtics for 3 years, $34 million

Yahoo! Sports' Marc Spears reported that Boston will re-sign Kevin Garnett to a three-year deal.

Many thought Kevin Garnett would not only return to the Celtics, but also give Boston a hometown discount.

Saturday reports came out that Garnett will do that and more. Garnett will reportedly sign a three-year, $34 million deal with the Celtics, in a move that signals that Boston remains in win-now mode.

The move will mean that Garnett, in 2012-13, will make about half of the $21 million he made last season.

If the reports are accurate, the Celtics will now be able to offer the full mid-level exception to a free agent and will clear cap space for potential free agent signings this summer or next.