What a potential Celtics sale tells us about NBA ownership right now

By The New York Times | Nov 6, 2024 at 05:07 AM EST

Wyc Grousbeck's decision to sell the Boston Celtics reflects a trend among NBA owners capitalizing on rising team valuations. The sale, expected to fetch billions, signifies a shift in sports ownership dynamics, driven by escalating franchise values and potential financial gains for long-time investors.

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