CelticsBlog has confirmed that Shane Larkin’s contract for the 2017-18 season is fully guaranteed:
Confirmed today that Shane Larkin's deal with Boston is fully guaranteed. Celtics are carrying 16 fully guaranteed deal into camp/preseason.
— Keith Smith (@KeithSmithNBA) August 13, 2017
As a veteran with three years of NBA service, Larkin carries a cap hip equal to the two-year veteran minimum amount of $1,471,382.00. His actual salary is the three-year veteran minimum amount of $1,524,305.00. Per the Collective Bargaining Agreement, the NBA pays the difference between the actual salary and the cap hit.