The timing of Monday’s announcement is undoubtedly exciting. The Celtics just gained A further NBA title, not surprisingly, Nonetheless they’re also staring down hefty payrolls For several years to come back. What could possibly stress ownership in excess of the 2nd apron? Those punitive new tax prices the NBA slipped into your new CBA.
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As sporting activities franchise valuations soar, the Celtics could fetch a particularly large rate. The crew is Among the many most successful and most widely adopted in U.S. Expert sports activities, and won its NBA file 18th championship past thirty day period.
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But then there’s also the apparent explanation to market now: They’ll make lots of money. The franchise for sale present ownership group acquired the Celtics for $360 million in 2002.
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