The Boston Celtics are up for sale, with estimates ranging from $4.7 billion to potentially $10 billion. Steve Pagliuca is interested in becoming the majority owner. The sale could set a record in sports franchise valuations.
The Boston Celtics sale could break records, and tempt other local pro sports team owners https://t.co/Q1QWJpD37X
Celtics co-Chair Steve Pagliuca has officially expressed his interest in becoming the majority owner of the team when Wyc Grousbeck sells his stake. Pagliuca owns the largest stake after the Grousbeck family. đź”—: https://t.co/v7dfKafnUz https://t.co/fpMIhx2Ws4
NEW: Shockingly, the Celtics are up for sale. In an all-hands call Monday, Wyc Grousbeck told Celtics employees there are no plans to change anything on the business or basketball sides at this time, per a team source. Steve Pagliuca said he will be a part of the bidding…
"This is going to be the richest NBA franchise ever - maybe the richest pro sports franchise ever," says @danprimack of @Axios as the Boston Celtics' ownership team explores a sale: https://t.co/NL72nzFVXm
This just in: Celtics are 4 sale. Reportedly valued at 4.7B. Ten years ago, commissioner Adam Silver ordered Clippers to be sold; they became first nba team secured for 2B. In other words, owners owe Donald Stirling a debt of gratitude 4 being outed on tape spewing racism.
If the Phoenix Suns sold for $4 billion last year I can only imagine how much the Celtics will go for.
If Boston Celtics are sold, don't be surprised if the price tag hits $6 billion ...
Boston Celtics gotta be worth $10 Billion @stoolpresidente https://t.co/mrodjJuNoX