Celtics Ownership planning to make the team available for Sale. [UPDATE] Group led by Jeff Bezos and Tom Brady rumored to be interested.

BaggerofTea

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a bunch of hands in the ownership



 

UpAndComing

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:wow: Make them a second apron team, incur huge amount of debt and then sell the team.

Classic wolf of Wall Street play

Every owner says they’ll pay whatever it takes to keep the team together until the bill comes due


Tax debt is the lowest of their priorities :pachaha:





"After spending seven years as a partner at the venture capital firm, Highland Capital Partners, Grousbeck founded and led the group Boston Basketball Partners L.L.C. that bought the Boston Celtics for $360 million in 2002"



NBA Teams always become more valuable right after a championship. Which is why billionaire Marc Lasry sold his stake he had with the Bucks right after they won a championship. And the new billion dollar TV deal coming up adds to that value as well. Guarantee Wyc and Steve Pagliuca get at least $4 to $5 billion if they chose to sell the team. Hell of a come up
 

FTBS

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Very smart to cash out now immediately after a title and right before the new TV deals kick in (increasing speculative value) and possible expansion revenue kicker.
This. There is no value to winning a bunch of chips for a regular person. And they either bout to pay out the ass or dismantle this squad sooner rather than later. Got your chip. Something you can tell your grankids stories about and now you can get your share of 10 Bs.
 

Nabs

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GRa06WdWcAAT00h
 

Soldier

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Buy low and sell high type move. Wyc grousbeck and his group bought the Celtics with 360 millions. They could sell them for 8-10 billions easily.


« After spending seven years as a partner at the venture capital firm, Highland Capital Partners, Grousbeck founded and led the group Boston Basketball Partners L.L.C. that bought the Boston Celtics for $360 million in 2002.[2] In 2008, the Celtics won their seventeenth NBA Championship and their 18th Championship on 17 June 2024 beating the Dallas Mavericks in 5 games [5] «
 
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