While the Celtics are enjoying the highs of winning an NBA title, there could be some major changes coming up for the organization. The Celtics’ majority ownership group, Boston Basketball Partners L.L.C., announced its intentions to sell the team as the team released a statement.
The C’s are one of the most valuable franchises in sports and a potential sale will garner plenty of interest — especially as the team is still in title-contending mode. Forbes estimates the Celtics are worth $4.7 billion as a franchise in 2023.
But there is some more nuance to any potential deal. As the Boston Globe’s Adam Himmelsbach reported, Wyc Grousbeck, the majority owner, is looking to sell his stake in the team. But the deal wouldn’t include the entire investment group that purchased the team in 2002.
Here’s the Celtics’ entire statement on the potential deal:
“Boston Basketball Partners L.L.C., the ownership …