Today in Sports
  • Home
  • Featured News
  • Football
  • Basketball
  • Baseball
  • More
    • Rugby
    • Golf
    • Boxing
    • Soccer
    • NBA
    • Racing
    • Cricket
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us
No Result
View All Result
  • Home
  • Featured News
  • Football
  • Basketball
  • Baseball
  • More
    • Rugby
    • Golf
    • Boxing
    • Soccer
    • NBA
    • Racing
    • Cricket
No Result
View All Result
Today in Sports
No Result
View All Result

Report: LeBron James, Fenway Sports activities Group is not going to be shopping for the Celtics

October 18, 2024
in Basketball
0
Home Basketball
Share on FacebookShare on Twitter


You might also like

Javon Small Grandfather NBA Draft Reaction Goes Viral

Kyrie Irving’s New Deal Signals Mavs Championship Belief

14 NBA FIRST-ROUND DRAFT PICKS ARE NAISMITH BASKETBALL HALL OF FAME EVENT ALUMNI

All summer time lengthy, there was hypothesis with who will purchase the Boston Celtics. As of as we speak, it seems like we now know for positive that Fenway Sports activities Group is not going to be within the operating.

In keeping with Dave Powell of the “Liverpool Echo,” LeBron James, John Henry, and Co. will likely be protecting their sights set on a brand new Las Vegas NBA growth franchise, slightly than the historic one in Boston.

“However through the summer time the Boston Celtics NBA crew, the present NBA champions no much less, have been put up on the market by Wyc Grousbeck, and given FSG’s sturdy ties to town, with its base being in Boston, there was a lot rumor and conjecture round a possible bid by the Reds’ house owners for the Celtics, with the New York Submit claiming that there was important curiosity.

Nevertheless, that curiosity had been dismissed by folks the ECHO spoke to on the matter, with Celtics shareholder and present proprietor of Italian Serie A facet Atalanta, Stephen Pagliuca, being tipped because the individual to make a play for management.”

That is improbable information.

The Henry-led FSG had been a rumored suitor for the Celtics ever since information broke in June that the crew was up on the market. This in fact sparked angst amongst the Celtics devoted, because of the first-hand expertise town has had with FSG’s possession of the Boston Purple Sox.

Possession could make or break a franchise’s championship hopes. Within the case of the Sox, there’s a sense that the crew may’ve had extra success in recent times if possession hadn’t been so set on saving cash.

Franchise staples like Mookie Betts, Chris Sale, and Xander Bogaerts all wound up being let go in favor of protecting the checkbooks closed.

It’s robust to think about the Celtics coping with that very same remedy, as Wyc Grousbeck has primarily performed the other. After already being over the CBA’s second-apron, Boston re-signed or prolonged nearly everybody from final season’s championship squad.

Within the 2025-26 season, the crew may resist $500 million in luxurious tax penalties, in response to ESPN’s Bobby Marks. This doesn’t bode effectively for making a revenue, which is reportedly one of many causes that Wyc’s father, Irv, has pushed for this sale.

The sale course of itself will likely be getting underway slightly quickly, per Grousbeck’s latest chat with The Boston Globe’s Adam Himmelsbach.

“The sale course of is gearing up and about to hit full pace,” Grousbeck instructed Himmelsbach earlier this month. “It took this lengthy for our advisors to undergo the monetary and enterprise information of the crew and our complete administration crew, and spend sufficient time to place collectively providing books. Now they’re starting to have discussions with events and the bidding course of will start within the subsequent month or so.”

Grousbeck did point out the duty of discovering a “nice purchaser” to tackle the crew.



Source link

Tags: beboston-celtics-newsbuyingcelticscelticsblogfenwayfront-pagegroupJamesLeBronnotReportSportsthewill
Share30Tweet19

Recommended For You

Javon Small Grandfather NBA Draft Reaction Goes Viral

by TODAY IN SPORTS
June 27, 2025
0
Javon Small Grandfather NBA Draft Reaction Goes Viral

The 2025 NBA Draft had its fair share of emotional moments, unexpected picks, and heartwarming family celebrations — but no moment resonated more with fans than the reaction...

Read more

Kyrie Irving’s New Deal Signals Mavs Championship Belief

by TODAY IN SPORTS
June 27, 2025
0
Kyrie Irving’s New Deal Signals Mavs Championship Belief

Kyrie Irving is staying in Dallas, and he’s making it clear what the goal is. The Mavericks guard has agreed to a new three-year deal worth $119 million,...

Read more

14 NBA FIRST-ROUND DRAFT PICKS ARE NAISMITH BASKETBALL HALL OF FAME EVENT ALUMNI

by TODAY IN SPORTS
June 26, 2025
0
14 NBA FIRST-ROUND DRAFT PICKS ARE NAISMITH BASKETBALL HALL OF FAME EVENT ALUMNI

- Hoophall Classic and Hall of Fame College Events Continue to  Spotlight Future NBA Stars -   SPRINGFIELD, MASS. – The Naismith Basketball Hall of Fame celebrates the impact of...

Read more

Celtics draft pick Hugo Gonzalez another sign of team’s offseason direction

by TODAY IN SPORTS
June 26, 2025
0
Celtics draft pick Hugo Gonzalez another sign of team’s offseason direction

BOSTON — The Celtics traded Jrue Holiday and Kristaps Porziņģis earlier this week, and reportedly listened to offers for franchise cornerstones Derrick White and Jaylen Brown. Wednesday loomed...

Read more

CelticsBlog film session: how Hugo González could fit in Boston

by TODAY IN SPORTS
June 26, 2025
0
CelticsBlog film session: how Hugo González could fit in Boston

Last night, the Boston Celtics drafted Hugo González Peña from Real Madrid. The young player competed as a professional this season in the Spanish league and also logged...

Read more
Next Post
Tennis Canada launches the Wheelchair Tennis Entire Participant Growth Pathway

Tennis Canada launches the Wheelchair Tennis Entire Participant Growth Pathway

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Robust British group at European Masters Champs in Poland

Robust British group at European Masters Champs in Poland

March 16, 2024
‘England would possibly do a Gareth Southgate particular’ – Laura Woods

‘England would possibly do a Gareth Southgate particular’ – Laura Woods

July 14, 2024
Two Premier League golf equipment enquire about signing Mason Greenwood – Man United Information And Switch Information

Two Premier League golf equipment enquire about signing Mason Greenwood – Man United Information And Switch Information

May 8, 2024

Browse by Category

  • Athletics
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Football
  • Golf
  • MMA
  • NBA
  • NFL
  • Racing
  • Rugby
  • Soccer
  • Tennis
Today in Sports

Get the Latest Sports News and Updates on TodayInSports.net. Soccer News, Basketball News, Baseball News, Golf News, Boxing News and More!

CATEGORIES

  • Athletics
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Football
  • Golf
  • MMA
  • NBA
  • NFL
  • Racing
  • Rugby
  • Soccer
  • Tennis

Recent News

  • Alessio Tacchinardi insists Koopmeiners had a bad game despite his goal
  • Lamine Yamal continues his rise, set to follow Lionel Messi’s footsteps at Barcelona next season
  • International WNBA players often leave their teams during the regular season; why that’s changing
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Get the Latest Sports News and Updates on TodayInSports.net.
  • Privacy Policy
  • Terms and Conditions

Copyright © 2024 Today in Sports.
Today in Sports is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Featured News
  • Football
  • Basketball
  • Baseball
  • More
    • Rugby
    • Golf
    • Boxing
    • Soccer
    • NBA
    • Racing
    • Cricket

Copyright © 2024 Today in Sports.
Today in Sports is not responsible for the content of external sites.