Maybe the very last thing an expert athlete expects to listen to after chopping down the nets following an NBA title is that the staff is up on the market.
However that’s precisely the phrase that got here to gamers and coaches for the Boston Celtics after an inspiring run by the playoffs that ended with a dismantling of the Dallas Mavericks in 5 video games.
The NBA champions are available on the market after Boston Basketball Companions LLC introduced Monday that it’s promoting its majority shares.
Undoubtedly, even with the attention that skilled sports activities is a enterprise, these across the group have been shocked.
Jayson Tatum was simply named the NBA Finals MVP when he discovered of the transfer.
NBA professional Chris Mannix reported that Tatum “was ‘shocked’ when he found out Wyc Grousbeck was selling the Celtics.”
Jayson Tatum was “shocked” when he discovered Wyc Grousbeck was promoting the Celtics, per @SIChrisMannix. pic.twitter.com/vrwNEXVIHT
— Legion Hoops (@LegionHoops) July 2, 2024
How excessive will the value go for the venerable franchise?
The Celtics are one among North America’s most outstanding skilled sports activities groups, and their lately received 18th championship is a league file.
The NBA’s Phoenix Suns, together with the WNBA’s Phoenix Mercury, have been valued at a file $4 billion final 12 months, and nobody shall be shocked if Boston surpasses that lofty determine..
Grousbeck led a bunch of patrons in 2002, and the lifelong Celtics fan turned governor after the $360 million buy.
As dwell sports activities is without doubt one of the few remaining sources of assured tv viewers, charges for media rights for sports activities groups are hovering.
Media rights for the NBA are at the moment being negotiated, and a number of bidders are anticipated to push the value into the billions per 12 months.
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