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Potential buyers question the Celtics’ $6 billion valuation

Potential buyers are skeptical of the Boston Celtics’ $6 billion price tag, according to John Kosman of the New York Post. The increase in the team’s fees is reported to have caused a rift in the Grousbeck family.

Irving Grousbeck, the controlling shareholder of 20%, is reportedly reluctant to lose any more money. Wyc Grousbeck, his son, organized the most expensive list to secure the 18th NBA championship for the Celtics.

After the tournament, Wyc Grousbeck sold the team.

Continue reading Prospective buyers question Celtics’ $6 billion valuation on TalkBasket.net.


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