The loss of Ray Allen will hurt the Boston Celtics fanbase for a bit, however, it will not hurt the franchise's pocketbook, and the newly found funds could lead to a solid payday for forward Jeff Green. According to sources of the Boston Herald, the Celtics are offering Green a contract worth $36 million over four seasons, which would lockup the big man for a few more seasons.

The deal could be officially announced sometime earlier this week, says Green's agent David Falk.

Last season, Green would have played under a one-year, $9-million contract, however, an aortic aneurism forced the 25-year-old to miss the season and voided the deal.

In 2010-11, Green averaged 15.2 points and 5.2 rebounds per game with the Oklahoma City Thunder, before he was traded to Boston, where he 9.8 ppg and 3.3 rpg.

For more Boston Celtics coverage, visit our team page and our team blog, CelticsBlog.