Sunday, October 6, 2024

‘Official buzz’ round Jeff Bezos as subsequent Celtics proprietor

Shortly after the Boston Celtics captured Banner 18, it was reported that Wyc Grousbeck could be promoting his stake within the crew’s possession. The information sparked discourse of who might step up and purchase the share.

Now, there are solely so many billionaires on the planet, so the record wasn’t inherently lengthy.

One title that instantly popped up was Amazon founder Jeff Bezos. Bezos reportedly offered $5 billion in Amazon shares shortly after the Cs have been reported to be accessible.

The excitement surrounding the 60-year-old and the Celtics has develop into a bit louder now. On Monday’s version of “The Invoice Simmons Podcast,” Invoice Simmons shared his tackle the potential purchaser.

“In the previous couple of days there’s been some I feel respectable buzz about Jeff Bezos shopping for the Celtics, and I feel it’s actual,” Simmons stated. “I feel he’s gonna be one of many suitors.”

Simmons pointed to the fabric angle of proudly owning one of many NBA’s high franchises as motivation for Bezos to purchase, in addition to the thought of constructing a state-of-the-art Amazon area to host video games and different occasions.

There had been rumors of the Cs transferring out of TD Backyard final month, however they’ve signed a lease by way of 2036.

Simmons is nearly actually right in relation to Bezos being one of many potential suitors. His title goes to come back up time and time once more (it already has been) throughout this Celtics sale saga.

Will he be the final suitor standing?

Possibly.

If cash is the one issue then he’s obtained to be in direction of the highest of the record of favorites.

The primary concern in relation to Bezo’s pursuit of the Celtics must be the NBA’s upcoming growth.

Adam Silver has pointed to 2026 because the yr when the league will add two further franchises. Many really feel that Las Vegas and Seattle would be the properties of the brand new groups.

With Bezos’ Amazon being based mostly in Seattle, it wouldn’t be surprising if he have been to try to purchase that franchise, particularly with the timeline being prior to if he have been to purchase the Cs.

No matter which crew he buys (if any), Bezos has deep pockets and would be capable of afford paying the posh tax that goes together with constructing a contender. Due to that, he’d be a perfect candidate to step into an possession position with Boston.

The Celtics should not a crew you purchase with the only real objective of creating wealth. Possession of the NBA’s winningest franchise comes together with a accountability to do exactly that — win.

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