After winning the franchise's 18th championship, the Boston Celtics' owners have decided to put the team up for sale. Following some recent developments, NBA fans think they have found a new potential buyer for the iconic franchise.
Earlier this week, news emerged that Amazon owner Jeff Bezos plans to sell around $5 billion worth of his stock in the company. Ironically enough, that's slightly over the projected value of the team, which sits at around four-and-a-half billion according to Forbes.
After seeing this news, NBA fans attempted to connect the dots. Some feel Bezos is selling his stock to have the funds to purchase the franchise.
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Other fans dug much deeper into their conspiracy theory on this hypothetical sale. Some brought up the idea of him purchasing the franchise just to move them to Seattle to bring back the SuperSonics. It's worth noting that Amazon is also based out of Seattle.
"Tired: Bezos buys Celtics Wired: Bezos buys the expansion Sonics," one fan said.
"And moving them to Seattle. SuperSonics coming back?," another fan said.
"Imagine he buys the Celtics and moves them to Seattle," said one fan.
Boston Celtics sale expected to happen within the next two years
The timing of the Boston Celtics going up for sale was shocking to many. Not only is the team fresh off winning a championship, but they are in a position to become the NBA's next dynasty. Though it's an extremely expensive roster, the team is set up to contend for the foreseeable future.
This offseason alone, Boston has spent a lot of money on some of its core players. Jayson Tatum recently inked the largest deal in history at $314 million, and Derrick White also received a sizable long-term extension. Not to mention guys like Jaylen Brown and Jrue Holiday, who have gotten new contracts within the past year.
In his story of the potential sale for ESPN, Tim Bontemps provided some form of timeline. The sale is expected to happen within the next two years, but owner Wyc Grousbeck won't fully give up control until later down the road.
"The Celtics revealed that the managing board of the ownership group expects to sell a "majority interest" in the team either this year or early next year, and that it "expects Wyc Grousbeck to remain as the Governor of the team until the second closing in 2028."
Grousbeck is in line for a massive payday whenever this sale ends up happening. He has been the owner for over two decades now and has secured a pair of championships. Since buying the franchise for $360 million in 2002, its value has skyrocketed into the billions.
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