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21 hours ago · The Celtics’ ownership group is set to find out how big theirs will be after buying the franchise for $360 million over 22 years ago.The efforts to sell the team kicked off last month. An online ...
- Celtics majority ownership group intends to sell stake in team
Wyc Grousbeck, the majority owner and governor of the team,...
- Celtics co-owner Wyc Grousbeck explains why he is selling the ...
Pagliuca intends to remain in the upcoming ownership group,...
- Celtics majority ownership group intends to sell stake in team
Jul 1, 2024 · The managing board of the ownership group expects to sell a majority interest in 2024 or early 2025, with the balance closing in 2028, and expects Wyc Grousbeck to remain as the Governor of the ...
21 hours ago · When the sale of the Celtics is complete, it will “continue a trend across the league” -- which has seen “more turnover at the ownership level than any other major professional sports league in recent years,” according to Mike Vorkunov of THE ATHLETIC. The Celtics will be the ninth NBA team to have its controlling ownership change hands since 2019; the NHL, NFL and MLB have had 10 ...
Jul 1, 2024 · Wyc Grousbeck, the majority owner and governor of the team, is expected to remain team governor through 2028, according to the statement. A majority interest of the group is expected to be sold in ...
Jul 9, 2024 · Pagliuca intends to remain in the upcoming ownership group, but there will likely be new investors. “Steve has been a terrific lead partner, lead co-owner in many ways,” Grousbeck said Monday.
Jul 1, 2024 · The Celtics became the latest NBA champions after beating the Dallas Mavericks in five games of the Finals in June. It was the team’s second championship under Grousbeck’s ownership.
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Jul 1, 2024 · ESPN was the first to report the news Monday afternoon. According to Forbes, the Celtics are the fourth most valuable NBA team, with an estimated value of $4.7 billion. That represents an increase ...