FSG, RedBird Consider Bid for Celtics
FSG, RedBird Consider Bid for Celtics
FSG, RedBird Consider Bid for Celtics
News summary

Fenway Sports Group (FSG) and RedBird Capital Partners are seriously considering a bid to purchase the Boston Celtics, with a majority interest expected to be sold by early 2025 and the remainder by 2028. This move could involve NBA superstar LeBron James, who has been a partner with FSG since 2021. However, NBA rules prohibit active players from owning team stakes, meaning James would have to wait until retirement to participate. Current minority owner Steve Pagliuca has also expressed interest in purchasing the team. The sale of the Celtics, valued between $4 billion and $6 billion, follows the announcement by majority owner Wyc Grousbeck of his intent to sell 51% of the franchise. The bidding process is anticipated to be competitive, with several potential suitors already emerging.

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John Henry's Fenway Sports Group reportedly considering bidding on Celtics
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Newsweek
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Lakers Superstar LeBron James May Join Unlikeliest NBA Ownership Group
LeBron James could 'become an owner of the Boston Celtics'
LeBron James could 'become Celtics co-owner'
Bias Distribution
33% Left
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Center 33%
Right 33%
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Last Updated
40 days ago
Bias Distribution
33% Left

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Story Coverage
John Henry's Fenway Sports Group reportedly considering bidding on Celtics
alt
Newsweek
$
Center
Lakers Superstar LeBron James May Join Unlikeliest NBA Ownership Group
LeBron James could 'become an owner of the Boston Celtics'
LeBron James could 'become Celtics co-owner'
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