The Grousbeck family has put the Boston Celtics up for sale. The decision comes after Boston secured an 18th championship banner. Wyc Grousbeck will reportedly remain in charge of the franchise until 2028. Nevertheless, fans have begun speculating who could potentially become the next governor of the most storied franchise in NBA history.
During a recent appearance on CNBC, Grousbeck discussed the planning going into Boston’s succession plan for the ownership group and the potential price of purchasing the franchise. The Celtics cost the current ownership group $360 million in 2002, an investment that is now valued at $5.12 billion in today’s market.
Who ever purchases the Celtics will be getting a team that’s set to challenge for championships for the foreseeable future. Brad Stevens has locked down the entire core rotation for the long haul, and that can only be enticing for potential buyers.
You can hear Grousbeck’s comments by clicking on the embedded link above.
Subscribe to the “Celtics Chronicle” podcast on:
Apple Podcasts: https://apple.co/3UAVYRg
Spotify: https://spoti.fi/3y0H4Lh
YouTube: https://bit.ly/3QnlPcS
Substack: https://bit.ly/3WoA0Cf
This article originally appeared on Celtics Wire: Wyc Grousbeck reveals potential price to buy the Boston Celtics
Source Agencies
