Sources told ESPN.com that the Celtics, in the wake of losing sharpshooter Ray Allen to the Miami Heat, have ratcheted up their pursuit of Lee as a possible replacement.
Lee averaged 11.4 points per game for the Houston Rockets last season and hit 40 percent of his 3-point attempts.
Lee is also a good defender and he's 26 years old, which is a plus. Lee is also 6'5" tall which would solve the Celtics need for a bigger shooting guard. Doc is one of the Celtics best assets and if anyone can convince a player to come to Boston, it would be Doc. The Celtics don't have the cap room to make an offer that Lee would likely accept but Houston has made it known that they will work with teams via sign and trade for both Lee and Marcus Camby in order to at least get some assets back rather than lose both free agents outright.
The Rockets are in need of a point guard after trading Kyle Lowry to the Raptors. Perhaps a sign and trade of Keyon Dooling would interest them. The Celtics will have considerable competition for Lee, however, with the Chicago Bulls, Minnesota Timberwolves, Atlanta Hawks, Indiana Pacers, Dallas Mavericks and Phoenix Suns all rumored to be interested in Lee.
According to the Herald, Lee is open to taking less in order to sign with the Celtics. The Celtics could possibly sign him with the $1.7 million bi-annual exception. (HT to Bohemian Shadow)