The Boston Celtics franchise is still up for sale because of the rumored rift between Irving and Wyc Grousbeck, and two new business figures have emerged as possible buyers of the 18-time NBA champions.
Credit: AP Photo
According to Michael Silverman and Shirley Leung of The Boston Globe, Jeff Bezos’ half-brother, Mark, has joined the sweepstakes alongside Robert Hale. On the other hand, the Fenway Sports Group remains uninterested despite previous rumors.
Mark Bezos is the founding partner of HighPost Capital, a private equity firm based in West Palm Beach, Florida. His half-brother, Jeff, was rumored to be a potential buyer of the Boston Celtics at one point, but the Amazon founder reportedly had no intention to purchase the storied franchise after all.
Credit: Sky News
Robert Hale has been with the Boston Celtics ownership group since 2012 and has gradually increased his stake in the team. Hale, a Northampton native who co-founded Granite Telecommunications in 2002, is one of the richest men in the world with a reported net worth of $5.8 billion, according to the most recent Forbes 400 list.
Forbes valued the Boston Celtics at $4.7 billion in October 2023. However, the NBA is hoping that the hallowed franchise will be bought for at least $6 billion, per The Ringer’s Bill Simmons.
Boston Celtics looking to fill out their roster
Boston made several roster cuts ahead of the new season, which includes Ron Harper Jr., Jay Scrubb, Hason Ward, and Lonnie Walker IV. The defending champions now have 14 players on their roster.
Cutting Walker surprised several Boston fans because of his spectacular performances in the preseason, but it had to be done due to the team’s complicated salary cap situation.
Lonnie Walker IV posted averages of 7.3 points, 1.5 rebounds, and 2.5 assists in four preseason matches, and he can join any team once he officially clears waivers. According to reports, Real Madrid is interested in acquiring the combo guard.
