Latest news with #IrvGrousbeck
Yahoo
05-04-2025
- Business
- Yahoo
How much are the Boston Celtics worth compared to the other teams in the NBA?
How much are the Boston Celtics worth compared to the other teams in the NBA? How much are the Boston Celtics worth compared to the other teams in the NBA? The storied ball club's current majority owners, Wyc and Irv Grousbeck, just chose to part with their shares to a group headed by private equity billionaire Bill Chisholm, and the sale made the Celtics the most expensive team purchase in the history of the league. With the price of the Celtics coming in at about $6.3 billion for the first of two tiers of the sale and a potential valuation of as high as over $7 billion once the team is fully in new hands, it should push Boston's value up compared to their other peers in the Association -- but by how much? Advertisement The folks behind the "HoopsHype" YouTube channel put together a clip taking a closer look. Check it out below! If you enjoy this pod, check out the "How Bout Them Celtics," "First to the Floor," "Celtics Lab," and the many other New England sports podcasts available on the CLNS Media network. Listen to the "Celtics Lab" podcast on: Apple Podcasts: Spotify: This article originally appeared on Celtics Wire: How much are the Celtics worth compared to the other teams in the NBA?
USA Today
05-04-2025
- Business
- USA Today
How much are the Boston Celtics worth compared to the other teams in the NBA?
How much are the Boston Celtics worth compared to the other teams in the NBA? The storied ball club's current majority owners, Wyc and Irv Grousbeck, just chose to part with their shares to a group headed by private equity billionaire Bill Chisholm, and the sale made the Celtics the most expensive team purchase in the history of the league. With the price of the Celtics coming in at about $6.3 billion for the first of two tiers of the sale and a potential valuation of as high as over $7 billion once the team is fully in new hands, it should push Boston's value up compared to their other peers in the Association -- but by how much? The folks behind the "HoopsHype" YouTube channel put together a clip taking a closer look. Check it out below! If you enjoy this pod, check out the "How Bout Them Celtics," "First to the Floor," "Celtics Lab," and the many other New England sports podcasts available on the CLNS Media network. Listen to the "Celtics Lab" podcast on: Apple Podcasts: Spotify:
Yahoo
04-04-2025
- Business
- Yahoo
Where do the Boston Celtics fall in the most expensive team sales in NBA history?
Where do the Boston Celtics fall in the most expensive team sales in NBA history? Where do the Boston Celtics fall in the most expensive team sales in NBA history? The Celtics current majority owners, Wyc and Irv Grousbeck, just elected to sell their shares to a group helmed by private equity billionaire Bill Chisholm, and that is only part of the story that has been turning heads around the league since the news broke. The bigger element of the deal is that it made the Celtics the most expensive team purchase in the history of the NBA -- and for that matter, any team in the history of any league at an estimated $6.3 billion. What's more is the eventual value of the storied ball club could rise to as high as over $7 billion by the time the two-tiered deal is done. Advertisement The folks behind the "HoopsHype" YouTube channel put together a clip detailing the most expensive team sales in league history recently, and where Boston is in that mix. Check it out below! If you enjoy this pod, check out the "How Bout Them Celtics," "First to the Floor," "Celtics Lab," and the many other New England sports podcasts available on the CLNS Media network. Listen to the "Celtics Lab" podcast on: Apple Podcasts: Spotify: This article originally appeared on Celtics Wire: Where do the Celtics fall in the most expensive team sales in history?
USA Today
04-04-2025
- Business
- USA Today
Where do the Boston Celtics fall in the most expensive team sales in NBA history?
Where do the Boston Celtics fall in the most expensive team sales in NBA history? Where do the Boston Celtics fall in the most expensive team sales in NBA history? The Celtics current majority owners, Wyc and Irv Grousbeck, just elected to sell their shares to a group helmed by private equity billionaire Bill Chisholm, and that is only part of the story that has been turning heads around the league since the news broke. The bigger element of the deal is that it made the Celtics the most expensive team purchase in the history of the NBA -- and for that matter, any team in the history of any league at an estimated $6.3 billion. What's more is the eventual value of the storied ball club could rise to as high as over $7 billion by the time the two-tiered deal is done. The folks behind the "HoopsHype" YouTube channel put together a clip detailing the most expensive team sales in league history recently, and where Boston is in that mix. Check it out below! If you enjoy this pod, check out the "How Bout Them Celtics," "First to the Floor," "Celtics Lab," and the many other New England sports podcasts available on the CLNS Media network. Listen to the "Celtics Lab" podcast on: Apple Podcasts: Spotify:
USA Today
29-03-2025
- Business
- USA Today
The Boston Celtics sold $6.1 billion, could a Seattle SuperSonics return be coming next?
The Boston Celtics sold $6.1 billion, could a Seattle SuperSonics return be coming next? The Boston Celtics just sold for a historic $6.1 billion, could a Seattle SuperSonics be coming next? The Celtics historic sale, triggered by the storied franchise's current majority owners, Wyc and Irv Grousbeck, electing to sale their shares of the team, have removed the last major obstacle (at least, according to the NBA) to expansion in the league. The eventual valuation of the Celtics (slated to rise to as high as $7.3 billion by the time the two-tiered process is finished) will go a long way towards setting a floor for an entry fee for expansion franchises that will benefit the other owners in the league, and a potential SuperSonics revival is widely seen as among the more likely candidates. The folks behind the "KOMO News" YouTube channel put together a clip exploring just such a possibility recently. Check it out below to see what ripple effects the Celtics sale might end up having. If you enjoy this pod, check out the "How Bout Them Celtics," "First to the Floor," "Celtics Lab," and the many other New England sports podcasts available on the CLNS Media network. Listen to the "Celtics Lab" podcast on: Apple Podcasts: Spotify:
