Boston Celtics franchise sale reportedly enters next stage

According to the Boston Globe's Adam Himmelsbach we've entered the time to get the banks involved stage of the Boston Celtics franchise sale.

Three months after the Grousbeck family announced its intention to sell its majority stake in the Celtics, the process is expected to begin in earnest this week, according to a source with direct knowledge of the situation.

JP Morgan and BDT & MSD banks, which were retained to facilitate the sale, are scheduled to be in contact with a small group of individuals who could become controlling buyers, the source said. This group will include potential buyers who have expressed interest in the team, and other qualified buyers who have been targeted by the sale facilitators.

For Celtics fans the key in evaluating any prospective owners is whether they will let the basketball people do their thing and not mettle, as well as treating owning the franchise as a competitive asset where winning is the priority and not making the most money. The Celtics are expected to be sold for over $5 billion as NBA franchises continue to skyrocket in equity.

Hopefully Wyc prioritizes someone who is dedicated to winning and not just the highest bidder.