#175 An Exclusive Conversation With Boston Celtics Co-Owner Steve Pagliuca
The Joe Pomp Show
00:00
Boston Celtics: A Record-Priced Sports Franchise
The thesis was that at the time, Boston had won a championship in 16 years. The franchise could really do a lot of good in the community and there'd be a virtuous circle where if you did good in thecommunity, you'd get more fans and more engagement," he said. "We didn't tell investors that this is a bank capital type deal that's going to make 20% of it returns"
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