
Jeff Bezos Sees The Celtics As A Potential Purchase
Bill Simmons has revealed that Amazon founder Jeff Bezos is interested in buying the Boston Celtics, who are up for sale. Bill Simmons, a seasoned NBA media figure and ardent Celtics supporter, has revealed some really intriguing information regarding the team’s future ownership.
The Boston Celtics are presently for sale since their owner, Wyc Grousbeck, has announced his intention to sell. Simmons claims that Jeff Bezos, the founder of Amazon, is one of the team’s main suitors.”I believe there has been genuine talk in the past few days regarding Jeff Bezos purchasing the Celtics. I believe that to be true, and I believe he will be among the suitors. You receive it because it’s one of the crown jewel franchises.
I believe there’s a chance he could be considered for this.During the game, Cooper Flagg trash talks about V.J. Edgecombe, the number one shooting guard.During the game, Cooper Flagg trash talks about V.J. Edgecombe, the number one shooting guard. As part of the new media rights bargain, Bezos’ Prime Video recently signed the NBA’s first exclusive streaming-only contract, further strengthening Amazon’s relationship with the league. Bezos might maintain the Celtics’ company apart from Amazon if he purchases the team as an individual, but it’s unclear how NBA regulations will handle a broadcast partner’s owner simultaneously holding a team.
Given their standing as a legacy organization with the most titles in the league’s competitive past, the Celtics should easily break the mark for the most expensive sale in NBA history. They also have a ready-made competitive roster that is fully assembled and has long-term contracts. Though the Celtics have certain operational problems, such not owning the TD Garden, a more desirable NBA franchise sale hasn’t come along in a long. That presents a challenge for the incoming owners, as Bezos, with his substantial financial resources, can likely solve many of those problems more easily than the current owners could.
In the first segment of his podcast, Simmons shared the NBA’s aspirations for the Celtics’ trade window. The NBA wants to charge interested parties $6 billion for the Celtics, and when the expansion clubs in Las Vegas and Seattle become available, they want to match that amount.”The league is requesting $6 billion for the Celtics team. Their arena isn’t their property. Even if that’s an absurd price, they’ll probably get it. They want expansion clubs in Seattle and Vegas, and Mexico City is sort of looming as a third franchise, which is why they want the $6 billion. However, they want to get $6 billion apiece for two franchises in order to expand, which would equate to a $400 million payment to each of the 30 NBA owners.
Thus, they’re attempting to determine a cost for this Celtics squad.Over the course of the previous season, there were two significant franchise sales. First, Michael Jordan sold the Charlotte Hornets, the team he owned the most of the time, for a whopping $3 billion, a tremendous price for a team that has finished last in the NBA for the past ten years. Mark Cuban abruptly announced the sale of the Dallas Mavericks during the middle of the season, peddling the team for a discounted $3.5 billion.
With Miriam Adelson, the new owner and currently the second-wealthiest NBA franchise owner, it was done to help the team develop in the future. Cuban continues to have influence and a minority investment in the team, which is another reason the deal was far less than the $4+ billion that many had estimated for the Mavericks.
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