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In 2003, the Celtics were sold by owner Paul Gaston to Boston Basketball Partners LLC, led by H. Irving Grousbeck, Wycliffe Grousbeck, Steve Pagliuca, Robert Epstein, David Epstein, and John Svenson. The team made it back to the playoffs but were swept by the Nets in the second round, despite bringing Game 4 to double overtime.
In 2003, the Celtics were sold by owner Paul Gaston to Boston Basketball Partners L.L.C., [97] led by H. Irving Grousbeck, Wycliffe Grousbeck and Steve Pagliuca. The team made it back to the playoffs but were swept by the Nets in the second round, despite bringing Game 4 to double overtime. [98]
The franchise, which Forbes valued at $4.7 billion in 2023, was purchased by an investment group led by Grousbeck in 2002 for $360 million. The Celtics have won two championships and reached the ...
Boston Basketball Partners L.L.C. is an American local private investment group formed to purchase the Boston Celtics of the National Basketball Association (NBA). [1]The executive committee consists of the four members of the managing board, Wyc Grousbeck, H. Irving Grousbeck, Stephen Pagliuca and The Abbey Group, represented by Robert Epstein with the additions of Paul Edgerley, Glenn ...
Principal owner (s) Governor. Operating entity. Valuation (US$ millions) Owned since. Atlanta Hawks. Tony Ressler, Grant Hill, [3] Steven Price, Rick Schnall, Sara Blakely, Jesse Itzler. Tony Ressler [4] Hawks Basketball, Inc.
So far, ownership of the Boston Celtics is priced at $6 billion, Simmons said. Bezos is worth $198.5 billion, according to Forbes. The only other person richer than Bezos is Elon Musk, according ...
In 2010, Grousbeck became Chairman of the Massachusetts Eye and Ear Infirmary (MEE), a research and clinical hospital specializing in blindness and deafness research. [6] He instituted and led a capital campaign that raised $250 million for MEE, and led them to join Mass General Brigham medical system. [7][8] In 2013, Grousbeck co-founded ...
On August 9, 1983, Mangurian sold the team to Gaston, Paul R. Dupee Jr., and Alan N. Cohen for $15 million. [9] During Gaston's tenure as owner, the Celtics won two championships ( 1984 and 1986 ). Gaston's ownership group also began offering public stock in the team on the New York Stock Exchange . [ 15 ]
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