Just two weeks after the Celtics’ NBA title, the franchise’s owners have decided to sell it, as announced in a statement released on Monday. “The family that controls the ownership group (Boston Basketball Partners LLC), after extensive internal discussions, has decided to sell the team for asset management and family planning reasons,” the NBA champions said.
The Celtics were purchased for $360 million in 2002 by entrepreneur Wyc Grousbeck. The franchise was valued at $4.7 billion by Forbes magazine last October.
