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Someone named Bill Ingram is reporting:

James Posey is expected to announce that he'll re-sign with the Boston Celtics in the next 24 hours

I don't know anything about this source, so take it for what it is worth.

Update: Marc Spears reports otherwise

The agent for Celtics forward James Posey, Mark Bartelstein, said early Thursday evening that there was "nothing new" in regards to his client's free-agency situation.