Celtics ownership has received "two serious offers" to buy the team

According to Wyc Grousbeck "two serious offers" to buy the franchise over the past couple of weeks. However Grousbeck insists the the team is not for sale.

In an interview with Kevin Paul Dupont of the Boston Globe, Grousbeck explains why that is:

They are having such fun being fan/owners, they stressed during an hour long interview at a downtown hotel recently, they have little intention to change much, despite receiving, according to Grousbeck, “two serious offers’’ to sell in the last two weeks. All at a time when the price of sports franchises and related properties continue to skyrocket. Exhibit A: the $2 billion Steve Ballmer recently paid to relieve the foul-mouthed Donald Sterling of the Los Angeles Clippers.

This is great news for Celtics fans as Grousbeck & co. have been committed to winning since they purchased the team in 2002. This is evident by the financial input the group has put towards the roster and not fearing paying the luxury tax.

Mark Deeks of ShamSports.com provides a full history of the NBA luxury tax:


Given the Clippers recently sold for a NBA record $2 billion this summer, Grousbeck and the rest of the owners are forgoing a potential large return on their then record $360 million purchase of the Celtics in 2002.

Again, this shows the commitment to the team that the owners possess. It's nice to see that they haven't given up on the Celtics and aren't just in it to cash in oodles of money.

Photo credit: Steve Libofsky

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