The current champion of the NBAlos Celtics de Bostongo on sale.
The team’s ownership group, Boston Basketball Partners LLC, decided to sell the franchise due to asset and family planning considerations, the Celtics said in a statement. The owners expect to sell a majority stake this year or in early 2025, with the remainder in 2028.
Boston Celtics won the NBA finals against the Dallas Mavericks.
The sale of the Celtics comes at a time when the Professional sports team ratings are on the riseThat has led more franchises to sell minority stakes or offer control. Last year, in the NBA alone, three franchises changed hands: the Phoenix Suns, Charlotte Hornets and Dallas Mavericks, all for $3 billion or more..
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Boston won its 18th title last month, the most in league history.and had the best record (64-18) in the regular season. The franchise has young stars like Jayson Tatum y Jaylen Brown.
How much do the Boston Celtics cost?
Sportico values the Celtics at US$5.1 billion, the fourth highest figure in the leagueThe current ownership group, led by Wyck Grousbeck and including Stephen Pagliuca bought the team for US$360 million in 2002.
The sale comes as the league is in the midst of negotiating a $76 billion media deal with ESPN, Comcast and Amazon. The deal has not yet been announced. NBA Commissioner Adam Silverhas said that when the league finishes negotiating that deal it will look to expand, likely adding two new franchises.
ESPN previously reported the news.
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2024-07-02 03:20:00
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