4min chapter

The Varsity cover image

Media Merger Mania & The Celtics L.B.O.

The Varsity

CHAPTER

The Financial Journey of the Boston Celtics: From Purchase to 6 Billion

This chapter explores the Boston Celtics' financial journey under Wick Grosbeck's ownership, starting from his significant investment in 2002. It highlights the team's impressive market value and the impact of private equity in the NBA, showcasing the remarkable returns achieved over the years.

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