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Celtics ownership group announces plan to sell team

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Boston Celtics
celtics
"They made a decision: that they were gonna go do it, and they were gonna do it together." Relive our championship run in #AllInCeltics presented by @FDSportsbook: bit.ly/4c2nugA pic.twitter.com/IwSRR3wWji
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Sports Business Journal
SBJ
.@celtics majority owner Wyc Grousbeck reaffirms that putting the team on the market was a family decision 🏀🍀 Grousbeck plans to remain with the organization until their entire stake is sold over the next four years. Read more ⬇️ www.sportsbusinessjournal.com/Articles/2024/07/09/boston-celtics-wyc-grousbeck-steve-pagliuca#:~:text=Celtics%20majority%20owner%20Wyc%20Grousbeck,is%20sold%20in%20four%20years.
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Jared Weiss
JaredWeissNBA
NEW STORY: When Wyc Grousbeck finally broke his silence a week after putting the Celtics up for sale, he decided to bring the Larry O’Brien trophy to the CNBC studios. Of all the places he could’ve gone, he chose the TV network dedicated to buying and selling billion dollar…
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Brian Robb
BrianTRobb
New: Wyc Grousbeck just spoke publicly about the Celtics sale for the first time, revealing intriguing new details about the plan for the sale process in a CNBC interview: www.masslive.com/celtics/2024/07/wyc-grousbeck-reveals-new-details-about-plan-to-sell-celtics.html
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Who bought the Celtics?

Boston Basketball Partners L.L.C. bought the Celtics for $360 million in 2002, with the franchise now worth $5.12 billion, according to Sportico. Grousbeck as been the figurehead of the ownership group for the last 22 years, but the franchise is heading for a big change at the top.
Wyc Grousbeck opens up on plan to sell Boston Celtics
CBS News

Is the Boston Celtics for sale?

The Celtics' announcement said the ownership group's controlling family has decided to sell the team for estate and family planning considerations. Grousbeck elaborated on the structure of his family's ownership position.
Celtics co-owner Wyc Grousbeck explains why he is selling the team after NBA title
The New York Times

Who is selling the Celtics?

Boston Basketball Partners LLC, the ownership group that controls the Boston Celtics, wants to sell all of its shares in a team that's valued at $4.7 billion. Boston could potentially break the record for highest price ever paid for an NBA franchise.
The NBA’s reigning champs — the Boston Celtics — are up for sale
NPR

Why are Celtics selling?

"The controlling family of the ownership group, after considerable thought and internal discussion, has decided to sell the team for estate and family planning considerations.
The Celtics are up for sale. Why? Everything you need to know
USA Today

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