Reported 12 months ago
The Boston Celtics, reigning NBA champions, are being put up for sale by their ownership group, Boston Basketball Partners LLC. The decision to sell is due to estate and family planning concerns, with plans to sell a majority interest by early 2025. The franchise, valued at $5.1 billion and led by owners like Wyc Grousbeck, saw its 18th title win recently with young stars like Jayson Tatum and Jaylen Brown. The sale coincides with the NBA negotiating a $76 billion media deal and potentially expanding by two new franchises.
Source: YAHOO