Boston Basketball Partners LLC, the ownership group behind the Boston Celtics, has put the team up for sale, according to a statement the team posted on social media site X on Monday.
Wyc Grousbeck led the ownership group to acquire the Celtics in 2002. He expects to remain governor of the team through 2028, when the second closing of the deal takes place. The sale of a majority stake is expected to be completed by the end of 2024 or early 2025, with the remainder of the sale closing in 2028, according to the statement.
Wyc Grousbeck led a team of buyers to acquire the Celtics for $360 million in 2002. Grousbeck, a native of Massachusetts and lifelong Celtics fan, expects to remain governor of the team until the second closing in 2028.behind the tequila brand Cincoro, which includes other NBA team owners and Hall of Famer Michael Jordan.
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