Done deal: Doc Rivers is the new head coach of the Los Angeles Clippers.

The Clippers announced Tuesday that Rivers is assuming head coaching responsibilities of the team, as well as vice president of basketball operations. In exchange for Rivers the Celtics were compensated with a 2015 first round pick.

The Celtics announced the deal as well, and put it this way: "The Boston Celtics announced today that they have allowed Doc Rivers to pursue a coaching opportunity with the Los Angeles Clippers."

Rivers' deal is reportedly for $21 million over the next three years.

Ken Berger of CBSSports.com reports there's also a clause in the contract that the Clippers and Celtics can't exchange players next season.