Boston Celtics sale expected to finalize in early 2025

The sale of the Boston Celtics is expected to be finalized in early 2025. The team was put up for sale in July, and interest has increased recently. Stephen Pagliuca, who owns 20 percent of the team, is a leading candidate to buy it. The Celtics are valued between $5.12 billion and $6 billion. This sale would mark the ninth change in controlling ownership of an NBA team since 2019. Current lead governor Wyc Grousbeck and his father own about 30 percent of the franchise. The ownership structure is described as complicated. Investors have varying predictions on the sale price, ranging from $4.75 billion to nearly $6 billion.