Loading...
Market
When will the Boston Celtics franchise sale be completed?
5
Resolution / Starting Odds
By mid-2024 • 33%
By end of 2024 • 33%
By end of 2025 • 34%
Official announcements from Boston Celtics or verified news reports
Story
Boston Celtics Ownership Group, Led by Wyc Grousbeck, Plans to Sell Franchise After 18th NBA Championship
Jul 1, 2024, 05:21 PM
The Boston Celtics majority ownership group, led by Wyc Grousbeck, is planning to make the franchise available for sale, according to ESPN. The ownership group, known as Boston Basketball Partners L.L.C., purchased the team in 2002 for $360 million. The Celtics, one of the most valuable franchises in sports, are now valued at approximately $4.7 billion. This decision comes shortly after the Celtics won their 18th NBA championship. Grousbeck is expected to remain the majority governor until 2028. The sale is anticipated to be a landmark valuation in the sports industry. The team has won two NBA championships under the current ownership. The sale is not expected to include the entire investment group.
View original story
Similar markets
Larry Ellison • 25%
Steve Ballmer • 25%
Jeff Bezos • 25%
Other • 25%
Under $4.7 billion • 33%
$4.7 billion to $5 billion • 33%
Over $5 billion • 33%
Less than 3 months • 33%
3 to 6 months • 33%
More than 6 months • 34%
Yes • 50%
No • 50%
Fire head coach • 25%
Trade star player • 25%
Announce new arena plans • 25%
Other • 25%
Yes • 50%
No • 50%
