Fenway Sports Group Eyes Potential Purchase of Boston Celtics
The Red Sox owners and RedBird Capital Partners consider a bid for the NBA champions, with LeBron James as a potential future stakeholder.
- The Celtics are expected to sell for a record $6 billion, surpassing previous NBA franchise sales.
- Current owner Wyc Grousbeck plans a phased sale, with majority interest sold by 2025 and the remainder by 2028.
- LeBron James, a partner in Fenway Sports Group, cannot own a team while playing but may join post-retirement.
- Steve Pagliuca, a current co-owner, has also announced his intention to bid for the team.
- The sale follows Boston's 18th NBA championship, with nearly all key players under contract.