Boston is cashing in their chips while the franchise has barely recovered from winning an NBA championship.
Jaylen Brown is still recovering from a momentous series win over Dallas last month.
Majority owner Wyc Grousbeck plans to sell his stake in the team within the next year, with the expectation of remaining as the Governor until 2028.
The Celtics are currently the fourth most valuable NBA team, behind the Lakers, Knicks, and Warriors, with an estimated value of $4.7 billion, according to Forbes.
This reflects a significant increase from the $360 million sale price in 2002, marking a 1,205.56 percent growth in value.
If sold, Boston could set a new NBA record for the most expensive team ever bought, surpassing the $4 billion purchase of the Phoenix Suns in 2022.
Following Boston’s championship victory, Grousbeck expressed a desire to continue building the team and aiming for future success.
On the same day as the sale announcement, the Celtics finalized extensions for Derrick White and Jayson Tatum, with the latter signing the largest contract in NBA history.
The team’s top five players, including Tatum, White, Brown, Jrue Holiday, and Kristaps Porzingis, now have a combined contract value of $939 million.
