The majority owners of the Boston Celtics, a cornerstone of American and global sports, have decided to put the franchise up for sale. Just weeks after celebrating their 18th NBA championship, the Celtics’ majority ownership group, led by Wyc Grousbeck, is preparing to make the team available, sources informed ESPN’s Adrian Wojnarowski.

In May 2023, the Washington Commanders of the NFL were sold for $6 billion, marking the highest-ever sale in American sports history. While the NFL enjoys higher revenues overall, the Celtics’ broader popularity suggests they could potentially fetch an even higher price, setting a new record for sports franchise sales in the United States.

Founded in 1946 by Walter A. Brown, the Boston Celtics are one of the NBA’s original teams. With the arrival of legendary coach Red Auerbach in the 1950s, they embarked on a dynastic run, capturing eight consecutive championships from 1959 to 1966.