Boston Basketball Partners L.L.C., the Celtics' primary shareholder, intends to sell a majority interest in the franchise in 2024 or early 2025, with the balance closing in 2028. That lends itself to LeBron James eventually owning a stake in the Celtics.
, Fenway Sports Group and RedBird Capital are "seriously considering" pursuing the purchase of a majority stake in the Boston Celtics.
Fenway Sports Group's portfolio includes the Boston Red Sox, Liverpool FC, and the Pittsburgh Penguins. It's no secret that they would also like to purchase an NBA franchise. While FSG, including LeBron James, a partner member of Fenway Sports Group, and RedBird Capital, are working to secure ownership of the NBA franchise that will soon reside in Las Vegas, the immediate availability of an iconic team in FSG's backyard could persuade them to shift their focus.
If they purchase a majority stake in the Celtics, James could not become an owner of the team while he's still playing. However, he could do so after he retires.to sell a majority interest in the team in 2024 or early 2025, with the balance closing in 2028. They also expect Wyc Grousbeck to remain on board as the Governor of the Celtics until the second closing in 2028.
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