Jeff Bezos considers buying Boston Celtics amid changing reports
- Jeff Bezos is reportedly considering a $6 billion bid for the Boston Celtics, despite earlier claims of no interest.
- The bidding has narrowed to three finalists: Bezos, Fenway Sports Group, and Wynn Resorts.
- The potential acquisition could lead to significant changes, including the possibility of a new stadium.
Recent reports indicate that billionaire Jeff Bezos is considering purchasing the Boston Celtics, contradicting earlier statements that he had no intentions of buying the team. This speculation arose after a report on August 21 suggested that Bezos was not planning to make a bid, but new information has emerged suggesting he is indeed in the running. The bidding process has reportedly narrowed down to three finalists: Bezos, Fenway Sports Group, and Wynn Resorts. Bezos is said to be offering $6 billion for the Celtics, which are currently valued at approximately $4.7 billion. The Celtics' primary shareholder, Boston Basketball Partners L.L.C., plans to sell a majority interest in the team by 2024 or early 2025. Wyc Grousbeck, the current Governor of the Celtics, is expected to remain in his position until the deal is finalized in 2028. In addition to his interest in the Celtics, Bezos has previously shown a desire to acquire NFL teams, including the Seattle Seahawks and Washington Commanders. The potential acquisition of the Celtics could lead to significant changes, particularly regarding the team's home venue, TD Garden, which has a lease agreement for another 12 years. If Bezos successfully acquires the team, he may opt to build a new stadium, similar to the Intuit Dome constructed for the Los Angeles Clippers. This move could reshape the landscape of Boston sports and further solidify Bezos's influence in the sports industry.