NBA rumors: Celtics’ expected $6 Billion sale gets an eye-opening update

The Grousbeck family’s $6 billion sale of the Celtics could prove record-breaking.

The Boston Celtics, one of the most dominant teams in the NBA, could make history with a potential sale that could hit $6 billion. That’s a major jump from the $360 million the Grousbeck family paid back in 2002. After announcing last year that they’d be selling the team, the family is moving forward with the sale for personal and family planning reasons. The plan is to sell 51% now, and the remaining 49% will be passed on by 2028.

The Grousbeck family is expecting about four to five potential buyers to show interest in the Celtics’ sale, with Steve Pagliuca, one of the team’s co-owners, among the bidders. The Celtics are looking to shortlist two candidates by early 2025. Current team governor Wyc Grousbeck will stay on until the sale is complete, as long as the new owners have no problem with it.

The Celtics’ value has been pegged anywhere from $5.66 billion to $6 billion, according to reports. If they land at the higher end, that would break the record for the most expensive sports team sale ever in the U.S. However, there are financial challenges. The team faced an $80 million loss last season due to luxury tax penalties, and their TD Garden lease means they can’t maximize revenue like other teams might.

Nevertheless, the Celtics have been incredibly successful under the Grousbecks, winning the most championships of any team with 18, making it to the Finals four times, and making nine Eastern Conference Finals trips since 2002. Last season, they turned heads with a 64-18 record and dominated the playoffs on their way to a championship. Jayson Tatum, Jaylen Brown, and Jrue Holiday, among others, all played their part in that success.

The Celtics are the second seed in the Eastern Conference with a 30-13 record this season. If they stick with their core next season, they’re looking at a $500 million-plus payroll and luxury tax, something the NBA’s never seen before.

Related Posts

BAY AREA BREAKDOWN: Warriors crush the Bulls in a statement win that exposes a shocking trend hiding beneath the box score, raising brutal questions about who’s rising and who’s falling apart. One thing’s crystal clear—this shift could reshape the entire season..ll

A shorthanded Warriors squad dominated the Bulls on the road, revealing a surprising trend that could shape their season.

How to Watch Golden State Warriors vs. Minnesota Timberwolves — Live from San Francisco on December 13, 2025..ll

Fans won’t want to miss the showdown at Chase Center as the Golden State Warriors host the Minnesota Timberwolves on December 13, 2025. With both teams battling…

Warriors vs. Timberwolves in San Francisco — Form, Head-to-Head & Key Storylines Ahead of Dec. 13, 2025..ll

Warriors vs. Timberwolves in San Francisco — Form, Head-to-Head & Key Storylines Ahead of Dec. 13, 2025 On December 13, 2025, Chase Center will heat up as…

Breaking!! New details about a potential Lakers trade target’s cost are raising big questions in Los Angeles

Lakers’ Trade Deadline Target Gets Surprising New Update on Cost The Los Angeles Lakers are still waiting for the Miami Heat to soften their stance on former…

Report: Luka Dončić Has a Surprising Trade Target in Mind for the Lakers

Luka Dončić Has a Bold Trade Target for Lakers… Luka Dončić has quickly become the new face of the Los Angeles Lakers, and his influence across the franchise may…

REPORT: Lakerѕ’ Trade Deadlіne Target Getѕ Surрrіѕіng New Uрdate on Coѕt

The Loѕ Angeleѕ Lakerѕ are ѕtіll waіtіng for the Mіamі Heat to ѕoften theіr ѕtance on former All-ѕtar Andrew Wіggіnѕ, but the lateѕt reрortіng ѕuggeѕtѕ lіttle рrogreѕѕ haѕ been made. Accordіng to NBA іnѕіder…