Boston sports fan and Ringer CEO Bill Simmons speculated on his podcast that the Celtics could be worth an astronomical $6 billion evaluation, with Amazon CEO Jeff Bezos potentially interested in acquiring the reigning NBA champions. Wyc Grousbeck and Steve Pagliuca own the Celtics through their investment group, Boston Basketball Partners LLC, and have experienced success since their purchase in 2002, including NBA titles in 2008 and last season. While Pagliuca is expected to remain part of the new ownership structure after the sale, he will be joined by unfamiliar new investors.
Simmons hinted at having insider knowledge about the impending sale, implying that the Boston owners plan to open up bidding to the public. The Ringer owner also revealed that the NBA is looking to establish a higher-than-normal valuation for the reigning champions, partially to set the bar for future expansion teams as Seattle, Las Vegas, and Mexico City remain rumored to get a team. Julius 'Dr.
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The league wants $6 billion for that team," Simmons said on his podcast. "$6 billion and they don't own the arena. It's a crazy price, but they're probably going to get i.