Celtics Rumors

Celtics’ Controlling Stake To Be Sold For $6.1 Billion

March 20th, 2025 at 9:20am CST by Dana Gauruder

9:37am: The new ownership group also includes minority owner Robert Hale, Himmelsbach tweets.

9:20am: The Celtics are being sold to William Chisholm for a valuation of $6.1 billion, a new record for a controlling stake in a North American sports franchise, Scott Soshnick of Sportico reports (via Twitter).

Chisholm is the managing director and co-founder of Symphony Technology Group, a California-based private equity firm, Adam Himmelsbach of the Boston Globe reports. Chisholm is a Massachusetts native and lifelong Celtics fan. His involvement in the bidding was first reported last week.

The Celtics’ sale of $6.1 billion surpasses the NFL’s Washington Commanders ($6.05 billion) for the highest sum ever for a North America sports team, ESPN’s Shams Charania tweets.

Celtics co-owner Wyc Grousbeck is expected to remain governor through the ownership transition. He’ll remain in that role, continuing to oversee the team’s operations, through the 2027/28 season, Mike Vorkunov of The Athletic tweets.

The Grousbeck family expected a handful of bids for the franchise during the sales process. The Grousbeck family announced last July 1 that it was putting the team up for sale, just a few weeks after the Celtics won their 18th championship.

The Grousbeck family said then that it intended to sell 51 percent of the team in late 2024 or early 2025. The Grousbeck family is selling the team for estate and family planning considerations.

The sales price is a huge jump from the amount paid by Grousbeck 20-plus years ago. Grousbeck founded and led the group, Boston Basketball Partners L.L.C., which bought the Celtics for $360MM in 2002.

Celtics Notes: Porzingis, Pritchard, Tatum, Brown

March 15th, 2025 at 11:02pm CST by Arthur Hill

The Celtics didn’t provide many details about the viral illness that forced Kristaps Porzingis to miss the last eight games, and it turns out that even Porzingis wasn’t sure what he was dealing with, according to Tim Bontemps of ESPN.

After returning for Saturday’s 115-113 win at Brooklyn, Porzingis told reporters it was “extremely frustrating” to not have a definite diagnosis. He described it as an upper respiratory condition that eventually morphed into possibly bronchitis or mononucleosis.

“But I haven’t been this sick for probably ever in my life,” he said. “So I was really, for a week really just laying at home trying to recover. And after that I had lingering fatigue — and I still have it a little bit — but at least I’m not getting into shape to be able to play. But after each workout I was, boom, big crash. I was really, really fatigued. Like, not normal. So, yeah, it’s taking a little bit longer, but I’m doing everything, all my bio-hacking stuff that I know, and just trying to get back in the best shape possible.”

Porzingis added that he tried to prepare for several games, including last Saturday’s meeting with the Lakers in Boston, but he would “crash” and quickly get drained of energy. He offered an explanation on social media to fans on Monday to help them understand his condition.

He was able to play 32 minutes tonight, finishing with 24 points, and remained on the court for nearly the entire fourth quarter. He’ll find out tomorrow if there are any lingering effects from the illness, but for now he’s happy to be able to contribute again.

“As the game went on, I felt better and better,” Porzingis said. “I kind of had a little crash in the third but I pushed through it and in the fourth had a great fourth. Yeah, it was a close one, but I’m happy we got it done.”

There’s more on the Celtics:

Payton Pritchard has set an NBA record for the most three-pointers off the bench in a season, Bontemps adds. Pritchard, who hasn’t started a single game in 2024/25, sank five long-distance shots tonight, giving him 220 for the year and pushing him past Wayne Ellington.
Jayson Tatum played Friday and tonight, even though he was listed as questionable for both ends of the back-to-back due to knee issues, writes Adam Himmelsbach of The Boston Globe. Boston has been resting its regulars in preparation for the playoffs, but Tatum admitted he’s stubborn when it comes to sitting out games. “A lot of head-butting for sure,” he said. “I’ve always said that I’m still young, but I just turned 27, I understand the balance of being fresh and stuff, ready for hopefully a long playoff run. I’ve talked about the value that I’ve put into playing in road games. I’ve been very blessed and fortunate, too. When I come in arenas, I see a lot of Tatum ‘0’ jerseys and kids with my shoes on. I understand they might be for their birthday or Christmas gift or whatever, and I try to stay ready and play as much and often as I can, and especially games on the road.”
Back spasms forced Jaylen Brown to leave tonight’s game midway through the third quarter, per Souichi Terada of MassLive. Brown sat out Friday’s contest in Miami and was listed as questionable for today due to a right knee posterior impingement.

Kristaps Porzingis Returns From Viral Illness

March 15th, 2025 at 4:48pm CST by Arthur Hill

Celtics big man Kristaps Porzingis will return for Saturday’s game against Brooklyn after battling an illness for several weeks. Boston is listing Porzingis as available on its injury report (Twitter link).

This will be the first game action for Porzingis since February 26. He missed the past eight contests with a viral illness and provided details of his recovery process earlier this week.

Porzingis has only appeared in 32 games this season, so he’ll fall well short of the 65-game requirement to qualify for postseason awards. He was unavailable for the first few weeks while recovering from offseason surgery and didn’t make his season debut until November 25.

The Celtics have been careful with Porzingis’ health — keeping him out of back-to-back games — in an effort to make sure he’s injury-free heading into the playoffs. He has remained effective in his limited playing time, averaging 18.9 points and 6.8 rebounds in 28.9 minutes per night while shooting 47.4% from the field and 40.4% from three-point range.

Jayson Tatum and Jaylen Brown, who are both dealing with knee issues, have also been upgraded to available. Al Horford and Derrick White will be inactive, according to Souichi Terada of MassLive, as the Celtics are playing for the second straight night after defeating Miami on Friday.

Celtics Officially Clinch Playoff Berth

March 14th, 2025 at 10:49pm CST by Luke Adams

The defending champion Celtics formally clinched a spot in the 2025 NBA playoffs on Friday, the league confirmed (via Twitter). Boston is now assured of a top-six finish in the Eastern Conference.

Entering the day, the Celtics needed a win over the Heat as well as a Hawks loss to the Clippers in order to secure their playoff spot. They registered a 103-91 victory in Miami, while the Clippers rode a dominant 35-8 third quarter to a 121-98 win over Atlanta.

While Boston isn’t fully locked into the No. 2 seed in the East, it’s hard to envision the team ending up anywhere else. The No. 1 Cavaliers set a new franchise record on Friday by winning their 16th straight game and hold an 8.5-game lead over the 48-19 Celtics, who in turn have a five-game cushion on the No. 3 Knicks.

Assuming the Celtics finish at No. 2, they’ll face the winner of the No. 7 vs. No. 8 play-in game in the first round of the postseason. The Hawks and Magic currently hold those spots.

Three teams have now officially clinched playoff berths, with Boston joining Cleveland and Oklahoma City.

Categories:
Boston Celtics

Atlantic Notes: Shamet, Nurse, Tatum, Fernandez

March 13th, 2025 at 9:32am CST by Dana Gauruder

Landry Shamet dislocated his shoulder during the preseason and could have opted for season-ending surgery. The Knicks guard instead chose to rehab the injury and so far, that decision is paying dividends, Stefan Bondy of the New York Post writes.

Shamet was waived in October, then re-signed with the club in December. The veteran guard is currently getting steady minutes due to injuries and scored a season-high 13 points against Sacramento on Monday.

“Yeah, knock on wood. I’m in a good spot,” Shamet said. “I attacked the rehab, took it very seriously. Frankly, that’s not much of a thought I have. I feel good, I’m in a good spot.”

We have more from the Atlantic Division:

Sixers head coach Nick Nurse came to dread reports from his medical staff as the team’s once-promising season disintegrated, he told Michael Grange of Sportsnet. “It was really, really difficult at times,” Nurse said. “What made it most difficult is when you’d actually go on a run and think you’re making some progress, and then you get hit again (with another injury). I remember having one really good win, I can’t remember who it was against, and after the game — I always get a report from the medical team — and he came in and I was like, ‘Please just let me get to the next game, we just played really good.’ And he’s like, ‘Uh, I don’t know what to tell you.’ You kept thinking you were going to get these guys back… and guys kept going down.”
In the Celtics‘ six-point loss to the Thunder on Wednesday, Oklahoma City shot 35 free throws while the Celtics only had 12 attempts. “Yeah, it’s tough,” Jayson Tatum said Brian Robb of MassLive.com. “You’re not going to keep them off the line. They’re very intentional about that, and they have been all season. You’re not going to be the first team where they shoot five free throws or something crazy like that. But there is a balance between that and 35 free throws. Granted, some of them were fouls. Some of them we’ve got to be better at. But I’m not saying that’s why we lost or that’s the ref’s fault or anything like that. That’s how it’s going to be in the playoffs.”
Nets first-year head coach Jordi Fernandez is drawing high praise from opposing coaches as well as his current and former players. Lucas Kaplan of NetsDaily.com examines why Fernandez has made such a strong impression.

Injury Notes: Williams, Giddey, Porzingis, LeBron

March 12th, 2025 at 10:00pm CST by Alex Kirschenbaum

After suffering a hip strain in the second half of a victory over Denver on Monday, Thunder All-Star forward Jalen Williams was ruled out for Wednesday’s road contest against Boston, per Tim MacMahon of ESPN (Twitter link). Aaron Wiggins drew the start in Williams’ absence

With their 118-112 win over Boston on Wednesday, the Thunder have ensured they’ll avoid the play-in tournament in the West, having clinched a top-six playoff spot, per the NBA (via Twitter).

According to Tim Bontemps of ESPN (Twitter link), Williams didn’t travel with the Thunder as they embarked on a three-game road trip. Reigning Coach of the Year Mark Daigneault indicated on Wednesday that the team has yet to determine a recovery timeline for the 6’5″ forward.

Here are a few more health-related updates from around the NBA:

Bulls guard Josh Giddey sprained his right ankle in the fourth quarter of an eventual 121-103 win over Indiana on Monday. The 6’8″ pro, a restricted free agent this summer, was in a walking boot briefly to stabilize the ankle, but head coach Billy Donovan revealed that he is now out of the boot, per KC Johnson of Chicago Sports Network (Twitter link). Although Giddey is recovering well, Donovan said that he expected him to “be out for a little bit.” Johnson tweets that the fourth-year guard is engaging in toe raises and walking, but has no return timeline until Chicago brass can gauge how he holds up in on-court workouts. Giddey indicated that he will travel with the team for its upcoming road trip, according to Johnson (via Twitter).
In the loss to Oklahoma City on Wednesday, Celtics starting center Kristaps Porzingis sat out his seventh straight game due to a viral illness, according to Tim Bontemps of ESPN (Twitter link). Porzingis was originally listed as questionable before being ruled out a couple hours prior to tip-off. Boston head coach Joe Mazzulla told reporters pregame that he did not have a sense of when the 7’2″ big man would be available, with the postseason just a month away. 38-year-old veteran big man Al Horford started in Porzingis’ stead.
A medical recommendation prompted 21-time All-Star Lakers forward LeBron James to depart L.A.’s road trip and return home for further treatment on his groin strain, sources inform Shams Charania of ESPN. Los Angeles will wrap up the road trip with games in Milwaukee and Denver on Thursday and Friday, respectively. James exited the Lakers’ Saturday loss to Boston in the fourth quarter, and reports have indicated that he’ll miss at least one or two weeks with the injury.

Four Groups Identified As Bidders For Celtics

March 12th, 2025 at 2:51pm CST by Luke Adams

Four prospective ownership groups remain involved in bidding for the Celtics and have taken part in management presentations with the team, according to a report from Eben Novy-Williams and Scott Soshnick of Sportico.

Here are those four groups, per Sportico’s reporting:

Steve Pagliuca‘s group: Pagliuca is a current minority stakeholder in the Celtics who has expressed interest throughout the process in assuming majority control of the franchise. Sportico reported on Tuesday that he was a “near certainty” to be involved in the second round of bidding and was considered by some industry sources to be the frontrunner.
The Friedkin Group: Described by Sportico as “a privately held consortium based in Texas,” The Friedkin Group has holdings that include a pair of soccer clubs, AS Roma in Italy and Everton in the English Premier League. Dan Friedkin, the owner and CEO, is reportedly worth $7.5 billion.
Stan Middleman‘s group: Middleman, the president and CEO of Freedom Mortgage, bought a minority stake in MLB’s Philadelphia Phillies in 2023 and has explored pursuing majority control of other sports franchises, including the Cleveland Guardians and Washington Nationals, according to Sportico.
Bill Chisholm‘s group: Chisholm, whose involvement was first reported by Bloomberg, is the co-founder, managing partner, and chief investment officer of Symphony Technology Group, which manages about $10 billion in assets, per Sportico.

The Celtics’ majority ownership group first announced last July that it would be putting control of the franchise up for sale. The plan laid out at that time was to sell a majority share (ie. 51%) of the team in late 2024 or early 2025, with Celtics governor Wyc Grousbeck remaining in his current role until the balance of the sale is completed in 2028.

It’s unclear whether or not that’s still the plan, according to Novy-Williams and Soshnick, who note that the messiness of the Timberwolves’ ownership transfer prompted commissioner Adam Silver to suggest that the league may try to avoid sales that play out in multiple stages going forward.

The deadline for potential buyers to submit their initial offers was January 23. A second round of revised bids is reportedly due this Friday.

It’s not yet known whether the four groups involved in the process are fully funded or exactly how much they’re willing to offer for a controlling stake in the defending NBA champions, Novy-Williams and Soshnick write. During the site’s latest round of NBA franchise valuations, Sportico estimated that the Celtics are worth $5.66 billion.

2025’s Most Valuable Traded Second-Round Picks

March 12th, 2025 at 1:03pm CST by Luke Adams

Fans of lottery-bound NBA teams will be keeping a close on the bottom of the league’s standings down the stretch because of the effect that “race” will have on the draft order and lottery odds for the 2025 first round.

However, it’s not just the first round of the draft that’s worth keeping an eye on. Those reverse standings will also dictate the order of the draft’s second round, and an early second-round pick can be nearly as valuable as a first-rounder.

Here are a few of the traded 2025 draft picks that will land near the top of the second round:

From: Washington Wizards
To: Boston Celtics
Current projection: No. 31

The Celtics are the defending champions and one of the biggest threats to win the NBA’s 2025 championship. They also have the league’s third-highest payroll. Teams in that position are generally running a draft-pick deficit, having gone all-in to fortify their roster, but that’s not the case in Boston, where the Celtics control their own first-rounder (currently projected to be No. 28) along with this Wizards second-rounder that could be the best day-two selection in this year’s draft.

The Wizards originally traded swap rights to their 2025 second-round pick during the 2021 offseason as part of the five-team blockbuster that netted them Spencer Dinwiddie, Kyle Kuzma, and Kentavious Caldwell-Pope, among others.

Those swap rights changed hands a few times and eventually got tied up with a handful of other swaps. The Celtics acquired them in the 2023 offseason from the Pistons as part of a deal that saw them down six spots in the draft from No. 25 to No. 31 (Detroit used the 25th pick on Marcus Sasser).

Boston will technically receive the most favorable of four second-round picks (Washington’s, Golden State’s, Dallas’, and Detroit’s), but there’s no chance that won’t be the Wizards’ selection.

From: Utah Jazz
To: Minnesota Timberwolves
Current projection: No. 32

While the Lakers made a run to the Western Conference Finals later that season, it’s hard to argue that the Timberwolves didn’t ultimately get the best of the three-team 2023 deadline deal with Los Angeles and Utah that saw them land Mike Conley and Nickeil Alexander-Walker, two players who continue to play major roles in Minnesota.

As part of that three-team trade, which allowed the Jazz to acquire the Lakers’ top-four protected 2027 first-round pick, Minnesota received multiple second-round picks from Utah, including this year’s selection.

Like the Celtics, the Timberwolves have one of the NBA’s highest payrolls, so this extra second-round pick should come in handy for an organization looking to keep its tax bill in check next season — drafting a player in the second round and signing him to a rookie-minimum contract (or something close to it) is the most effective way for a team to limit the cap/tax impact of a roster spot.

From: New Orleans Pelicans
To: Charlotte Hornets
Current projection: No. 34

It has been a long, winding road for this second-round pick, which was – sort of – first sent to Memphis in a three-team 2021 trade. That deal, which also included Charlotte, saw New Orleans acquire Jonas Valanciunas, Devonte’ Graham, and the draft rights to Trey Murphy.

The Pelicans actually included the Lakers’ top-10 protected 2022 first-round pick in that trade, but because it landed in its protected range in ’22 (eighth overall), New Orleans instead owed the Grizzlies a pair of second-rounders, one of which was this 2025 selection.

From there, the Grizzlies traded the Pelicans’ 2025 second-rounder to the Suns in 2023 as part of a package for pick swaps; Phoenix flipped it to the Spurs a few days later as part of a Cameron Payne salary dump; and San Antonio brought it full circle by sending it to Charlotte in a salary dump of Graham during the 2024 offseason.

At the time of that last trade between the Spurs and Hornets, Graham was in the final season of the four-year contract he received as part of the sign-and-trade agreement that sent him from Charlotte to New Orleans in the original 2021 deal. The Hornets traded away Graham and didn’t get the 2025 Pelicans pick in that initial transaction, but ultimately ended up with both last summer (they subsequently waived Graham).

Of course, when the Spurs attached this pick to Graham’s contract to get out of his modest $2.85MM partial guarantee, they couldn’t have known things would go so bad in New Orleans that this pick would land in the mid-30s. Their loss will be the Hornets’ gain. Charlotte also controls its own second-rounder and is currently on track to pick at both 33 and 34.

From: Toronto Raptors
To: Detroit Pistons
Current projection: No. 35/36

The Raptors are tied in the standings with Brooklyn and have the league’s easiest remaining schedule, so it’s possible this pick could move from the mid-30s into the late-30s. It’ll still be a valuable asset for the Pistons, who will almost certainly lose their own first-round pick, making this their highest selection in the 2025 draft.

This Raptors pick was one of three second-rounders Detroit acquired from Dallas in last summer’s Tim Hardaway Jr./Quentin Grimes swap. The Mavericks had previously acquired it from the Spurs as part of the three-team sign-and-trade deal for Grant Williams in 2023. San Antonio, in turn, acquired it from Toronto in the Jakob Poeltl trade between the two teams earlier that year.

Given their spot near the bottom of the NBA’s standings, the Raptors would certainly prefer to still have their own second-round pick, but they’ll have a pretty favorable alternative — they control Portland’s second-rounder, which currently projects to be No. 40.

Atlantic Notes: Springer, Stevens, Cofield, Raptors Rebouding, Bona

March 11th, 2025 at 7:27pm CST by Dana Gauruder

Celtics president of basketball operations Brad Stevens notified Jaden Springer that he might be dealt before last month’s trade deadline. Springer wound up going to the Rockets and expressed appreciation for Stevens’ candor.

“Brad told me like before it actually (happened),” Springer told Brian Robb of Masslive.com. “He gave me a heads-up like, ‘Hey, something might happen,’ so, I’m happy he gave me like a heads-up. I appreciate Brad for bringing me in, let me get a championship with them guys and be on the team, so I appreciate them. I got love for them, so it’s pretty cool.”

Houston waived Springer and he wound up signing with Utah, first on a 10-day deal and then on a three-year contract. Springer didn’t play against his former team on Monday.

We have more from the Atlantic Division:

Remy Cofield, the Celtics’ director of scouting, is leaving the NBA to become the general manager for the Arkansas athletic department, Jon Rothstein of CBS Sports tweets. Remy has been with the Celtics organization since 2013, including a stint as GM of their G League affiliate, and served as the scouting director for nearly five years. John Calipari is in his first season as the basketball coach for the Razorbacks.
There were plenty of missed shots in the Raptors-Wizards game on Monday and Toronto grabbed plenty of rebounds. The Raptors set a franchise-record with four players securing at least 10 rebounds in the 15-point victory, The Associated Press notes. They also set a franchise record with 73 rebounds. “It would not be fair to say that we did anything different (Monday) than we do the whole season,” Raptors coach Darko Rajakovic said. “Yes, we are focusing a lot on offensive rebounding, and we also focusing on offensive rebounding in many games.”
Sixers big man Adem Bona posted a 14-point, 15-rebound, five-block game against Utah on Sunday, then scored 12 points in 23 minutes while making all of his field-goal attempts against Atlanta on Monday. Bona believes he’s also gotten better with terminology and his defensive coverages, as he told Keith Pompey of the Philadelphia Inquirer. “I would think one is communication,” the rookie said of his biggest growth. “Understanding the NBA terms, communicating what is called, and how to guard the pick-and-roll. I played the pick-and-roll completely different in college. Coming into the NBA and trying to adapt to that, that’s pretty big for me.”

Revised Bids From Prospective Celtics Owners Due Friday

March 11th, 2025 at 11:33am CST by Luke Adams

This Friday, March 14, represents the next key deadline in the Celtics‘ sale process, according to Scott Soshnick and Eben Novy-Williams of Sportico, who report that prospective owners have until the end of the day on Friday to submit their revised bids for the franchise.

The deadline for potential buyers to submit their initial offers was January 23. Reports at the time indicated that at least four or five groups were expected to put forth bids. Sportico’s latest update suggests that as many as four groups may still be involved in the process.

The Celtics’ majority ownership group first announced last July 1 that it would be putting control of the franchise up for sale. The plan laid out at that time was to sell a majority share (ie. 51%) of the team in late 2024 or early 2025, with Celtics governor Wyc Grousbeck remaining in his current role until the balance of the sale is completed in 2028.

While we don’t know for sure which groups remain involved in the bidding, it has been reported consistently throughout the process that current Celtics minority stakeholder Steve Pagliuca is interested in assuming control of the team. According to Soshnick and Novy-Williams, Pagliuca’s group is a “near certainty” to be among those submitting a revised bid by the end of this week and is considered by some industry sources to be the frontrunner.

Jeffrey Lurie, the owner of the NFL’s Philadelphia Eagles, was rumored to be one of the parties involved in the bidding process prior to the Jan. 23 deadline, but Lurie denied during his Super Bowl media session that he has interest in taking control of the Celtics or any other NBA team.

Another current minority stakeholder, Robert Hale, expressed interest in becoming majority owner or joining a group in October, and said in the lead-up to the January 23 deadline that he was “still hanging around the hoop.” Mark Bezos, the founding partner of HighPost Capital private equity group and the half-brother of Amazon founder Jeff Bezos, was also rumored to be among the possible bidders.

During the site’s latest round of NBA franchise valuations, Sportico estimated that the Celtics are worth $5.66 billion. According to Soshnick and Novy-Williams, people in the industry are especially curious to see what the final sale price for the Celtics will be since the team doesn’t own its arena (TD Garden) and only has a limited stake (20%) in its regional sports partner, NBC Sports Boston.

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