Amazon's Jeff Bezos reportedly interested in purchasing Boston Celtics
Bezos's worth is estimated at around $200 billion, so the Celtics' asking price of $6 billion would be a drop in the bucket for him. Now would he be a good owner beyond having the crazy capital to pay whatever luxury tax was needed? That is up for debate.
And truth be told all NBA owners make so much money in equity with their franchises that they all could pay whatever luxury tax is needed. Truth be told, we've seen time and again that they often still don't. What you want in an owner is someone who looks at the team as sort of a toy purchase where winning is the bottom line, over maximizing profits.
One rumored potential Celtics' buyer that is very unpopular in Boston is John Henry's Fenway Group. Since investing heavily in the Boston Red Sox early in their ownership and reaping the benefits with World Championships, they in recent years treated the team like it was a small marker one and have prioritized spending their money on purchasing additional sports teams.Don’t want an ownership group that now runs the Sox like a small market team and LeBron James is a part of.
— CelticsLife.com (@celticslife) August 9, 2024
Need an owner that understands that owning the Celtics is more than just a business. https://t.co/5qDs1751H3
The Fenway Group even added LeBron James as a part owner, which was seen as a slap in the face to Boston fans. Due to Wyc Grousbeck's terms of the Celtics' sale it wouldn't be fully completed until 2028 (when LeBron would undoubtedly be retired and eligible then to own an NBA franchise).
James though has seemed to always have had his eyes on a future Las Vegas expansion franchise. And one doesn't know if Adam Silver and James have a sort of wink wink deal that he will be a part of that ownership group.
Bezos for his part would likely prefer to own a rumored future Seattle expansion franchise, but nothing is guaranteed when it comes to these transactions, so he might prefer the bird in the hand that's the Celtics up for sale right now.
How do you feel about Jeff Bezos potentially purchasing the Boston Celtics?
— CelticsLife.com (@celticslife) August 19, 2024