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Jeff Bezos Has Reportedly Made A Decision About Buying Celtics

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LONDON, ENGLAND - AUGUST 30: Jeff Bezos attends "The Lord Of The Rings: The Rings Of Power" World Premiere in Leicester Square on August 30, 2022 in London, England.
(Photo by Gareth Cattermole/Getty Images)

 

Shortly after the Boston Celtics won their 18th NBA championship in June, they were put up for sale by majority owner Wyc Grousbeck.

It seemed like an odd time to do so, and recently, there has been some buzz that Amazon founder Jeff Bezos has shown interest in buying the team.

But per NBACentral, Bezos has dropped out of the race to buy the franchise.

Bezos started Amazon, the e-commerce giant, in 1994, and has become one of the richest, if not the richest, men in the world as a result, with a net worth that is estimated to be roughly $200 billion.

Grousbeck heads the investment group that has owned the Celtics since 2002, and at the time it purchased the team, it had been mired in mediocrity for a decade following the retirement of the legendary Larry Bird.

It took just five years for them to return to prominence by trading for Ray Allen and Kevin Garnett in 2007, and that season, they won the world title, their first since 1986.

Their championship this June was only their second since 1986, but many feel that thanks to the relative youth of their core, they could roll off a couple more rings in the next handful of years.

Jayson Tatum, whom most consider to be Boston’s best player, is 26 years of age, while Jaylen Brown, who was named the NBA Finals MVP in June, will turn 28 early this coming season.

At the same time, starting point guard Jrue Holiday is 34, and their bench is very thin, which has led some to feel they could be rife for an upset in the 2025 playoffs.

The post Jeff Bezos Has Reportedly Made A Decision About Buying Celtics appeared first on The Cold Wire.


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