Grousbeck family expects at least four bids for Celtics
When the first round of bids are submitted by Jan. 23, the Celtics expect to have received at least four and up to five from investment groups vying to become the next owner of the NBA franchise, according to a source with direct knowledge of the sale process on Thursday. One of those bidders is a consortium led by current Celtics co-owner Steve Pagliuca. The Grousbeck family expects the ultimate price to exceed $6 billion. All members of the bidding groups have been vetted by the NBA. Identities of the control person leading the other three to four groups remain under wraps.
Besides Pagliuca, current Celtics investor Robert Hale is the only other individual to have publicly expressed his interest in buying the team, as the control person or part of a group. In a text Thursday, Hale reiterated his interest: ?Still hanging around the hoop.? Mark Bezos, founding partner of HighPost Capital and brother of Amazon founder Jeff Bezos, expressed interest early in the process. via Boston Globe