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Home»NBA»Is Jeff Bezos in the mix to buy Celtics? NBA reportedly wants team to sell for $6B with expansion in mind
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Is Jeff Bezos in the mix to buy Celtics? NBA reportedly wants team to sell for $6B with expansion in mind

August 19, 2024No Comments2 Mins Read
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Speculation is swirling that Amazon founder Jeff Bezos may be interested in purchasing the Boston Celtics, with reports suggesting that the NBA is looking for a sale price of $6 billion for the franchise. The Celtics’ current ownership group, led by Wyc Grousbeck, announced their intention to sell the team shortly after their 2024 NBA championship win on July 1.

According to The Ringer’s Bill Simmons, there is significant buzz surrounding Bezos potentially entering the fray as a suitor for the Celtics. Simmons revealed on his podcast that Irving Grousbeck, Wyc’s father, is driving the sale and is solely focused on securing the highest price, indicating that local ties may not give prospective buyers an advantage.

  • Simmons also mentioned that the NBA is pushing for a $6 billion sell price, despite the fact that the Celtics do not own their arena. This lofty price tag is seen as a strategic move by the league to set a benchmark ahead of potential expansion plans, with Seattle and Las Vegas being prime candidates for new teams.
  • Notably, Bezos had previously explored the possibility of acquiring the Washington Commanders in the NFL and reportedly expressed interest in the Seattle Seahawks. The Celtics, meanwhile, have been active in securing long-term contracts for key players like Jayson Tatum and Derrick White, making their roster one of the most expensive in NBA history.

Recent blockbuster deals in the sports world, such as the $4 billion acquisition of the Phoenix Suns, underscore the escalating value of professional sports franchises. With the Celtics attracting significant attention from potential buyers like Bezos, the landscape of NBA ownership could be set for a major shakeup in the near future.

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Bezos buy Celtics expansion Jeff mind mix NBA reportedly sell team
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