Boston plans to sell its stake in the club by 2028

The owner group of the NBA champion Boston Celtics said it plans to sell all of its stake in the team.

“Boston Basketball Partners LCC, which has a stake in the Boston club, will sell most of its shares in 2024 or 2025, the Associated Press said in a statement on the 2nd (Korea Standard Time). The sale will be completed by 2028.

“After considerable consideration and internal discussion, the owner’s group has decided to sell the team for real estate and family planning,” the statement said.토토사이트 순위

“Boston Basketball Partners LCC” acquired Boston for $360 million (about 500 billion won) in 2002. Venture capitalist Wok Grosbeck and his father H. Irving Grosbeck are in the group.

“We are committed to finding the next group of owners who will lead Boston to success for decades more,” Grosbeck said, adding that there will be a process to find buyers who recognize the importance of “Celtic Pride” in the courts and communities.

Lastly, the media outlet said, “Boston, one of the NBA’s original and historic brands, was valued at 4.7 billion U.S. dollars by Forbes last year. This is the fourth highest record for NBA teams.”