Boston Celtics to Be Put Up for Sale After Winning NBA Title

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Boston Celtics News

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(Bloomberg) -- The reigning NBA champion Boston Celtics are going on the market.Most Read from BloombergSupreme Court Says Trump Has Some Immunity, Delaying ...

The team’s ownership group, Boston Basketball Partners LLC, has decided to sell the franchise for estate and family planning considerations, according to a Celtics statement. The owners expect to sell a majority interest this year or early 2025, with the remainder closing in 2028.The Celtics are going on sale at a time of surging valuations for pro sports teams. That’s prompted more franchises to sell minority stakes or offer up control.

Sportico values the Celtics at $5.1 billion, the fourth-highest in the league. The current ownership group, led by Wyc Grousbeck and including Stephen Pagliuca, bought the team for $360 million in 2002. Lady Louise Windsor has been pictured with Felix da Silva-Clamp for the first time as the daughter of the Duke and Duchess of Edinburgh took her beau carriage drivingPaul George is going back to the Eastern Conference, and surely has made Joel Embiid very happy in the process.GELSENKIRCHEN, Germany — Their captain was reduced to tears. Their coach clashed with an England player and took aim at the referee.

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