Legend Paul Pierce signs one-day contract to retire with Boston Celtics

Forward Paul Pierce signed a one-day contract with the Boston Celtics on Monday in a move that allows him to retire as a member of the franchise.

A 10-time All-Star, Pierce spent the first 15 years of his career with the Celtics, helping the club to the NBA title in 2008.

"It's an honor to have this opportunity to once again call myself a Boston Celtic," the 39-year-old Pierce said a statement. "The organization and city took me in and made me one of their own, and I couldn't imagine ending my career any other way. I'm a Celtic for life."

Co-owner Wyc Grousbeck said Pierce's No. 34 will soon hang in the rafters at TD Garden.

"We're honored that Paul has chosen to retire as a Celtic. He is among the very best Celtics -- a champion on and off the court," Grousbeck said in a statement. "We congratulate Paul on a Hall of Fame career, and look forward to seeing his number raised to the rafters of TD Garden."

Pierce was selected by the Celtics with the 10th overall pick of the 1998 draft. He averaged 19.7 points, 5.6 rebounds and 3.5 assists while playing in 1,343 career games with the Celtics, Brooklyn Nets, Washington Wizards and Los Angeles Clippers.