Shortly after the Boston Celtics captured Banner 18, it was reported that Wyc Grousbeck could be promoting his stake within the workforce’s possession. The information sparked discourse of who might step up and purchase the share.
Now, there are solely so many billionaires on the planet, so the checklist wasn’t inherently lengthy.
One title that instantly popped up was Amazon founder Jeff Bezos. Bezos reportedly bought $5 billion in Amazon shares shortly after the Cs have been reported to be obtainable.
The thrill surrounding the 60-year-old and the Celtics has grow to be a bit louder now. On Monday’s version of “The Invoice Simmons Podcast,” Invoice Simmons shared his tackle the potential purchaser.
“In the previous few days there’s been some I believe reputable buzz about Jeff Bezos shopping for the Celtics, and I believe it’s actual,” Simmons stated. “I believe he’s gonna be one of many suitors.”
Simmons pointed to the fabric angle of proudly owning one of many NBA’s prime franchises as motivation for Bezos to purchase, in addition to the thought of constructing a state-of-the-art Amazon enviornment to host video games and different occasions.
There had been rumors of the Cs shifting out of TD Backyard final month, however they’ve signed a lease by 2036.
Simmons is nearly definitely right with regards to Bezos being one of many potential suitors. His title goes to come back up time and time once more (it already has been) throughout this Celtics sale saga.
Will he be the final suitor standing?
Possibly.
If cash is the one issue then he’s received to be in the direction of the highest of the checklist of favorites.
The principle concern with regards to Bezo’s pursuit of the Celtics needs to be the NBA’s upcoming enlargement.
Adam Silver has pointed to 2026 because the 12 months when the league will add two extra franchises. Many really feel that Las Vegas and Seattle would be the properties of the brand new groups.
With Bezos’ Amazon being primarily based in Seattle, it wouldn’t be surprising if he have been to try to purchase that franchise, particularly with the timeline being before if he have been to purchase the Cs.
No matter which workforce he buys (if any), Bezos has deep pockets and would have the ability to afford paying the luxurious tax that goes together with constructing a contender. Due to that, he’d be a super candidate to step into an possession position with Boston.
The Celtics should not a workforce you purchase with the only purpose of being profitable. Possession of the NBA’s winningest franchise comes together with a accountability to just do that — win.
