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Post by thebayharborbutcher on Jul 2, 2024 7:35:56 GMT
sports.yahoo.com/boston-celtics-majority-owner-wyc-grousbeck-selling-stake-in-team-171843599.htmlAppears the majority owner of the Celtics will be selling his stake in the team. Definitely seems like a strange time to sell. I mean who sells a championship team? I would have to guess he’s having some big money problems. On top of that they just gave Jason Tatum and Derrick White big contacts. This is in addition to the big contracts they already signed with Brown and Holiday. I hope whoever buys the team is invested in keeping this core group of guys together and pushing for more championships.
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Post by masterofallgoons on Jul 2, 2024 12:07:54 GMT
That does seem very odd. I guess he figures it's the best time to get the highest possible price, but still...
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Post by Rey Kahuka on Jul 2, 2024 12:20:58 GMT
sports.yahoo.com/boston-celtics-majority-owner-wyc-grousbeck-selling-stake-in-team-171843599.htmlAppears the majority owner of the Celtics will be selling his stake in the team. Definitely seems like a strange time to sell. I mean who sells a championship team? I would have to guess he’s having some big money problems. On top of that they just gave Jason Tatum and Derrick White big contacts. This is in addition to the big contracts they already signed with Brown and Holiday. I hope whoever buys the team is invested in keeping this core group of guys together and pushing for more championships. You answered your own question. Wyc is rich, but he isn't that rich. Same reason Cuban sold, and I'd think Cuban has more money than Wyc. It's all going to be tech giants, oil money and casinos before too long. You're going to have to be out of this world wealthy to own a competitive team. The current contracts of just the starting five: Jayson Tatum: 5-years, $314M Jaylen Brown: 5-years, $304M Jrue Holiday: 4-years, $135M Derrick White: 4-years, $126M Kristaps Porzingis: 2-years, $60M Now add the luxury tax, which was north of $30m before the recent extensions of White and Tatum. I'd want out, too.
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