• Loading stock data...
Sunday, October 13, 2024
The Best Employers in Sports survey is now open! Take the survey

Celtics Are Far From First Pro Sports Sale With Bezos ‘Buzz’

  • Jeff Bezos has been linked to multiple sports teams in recent years. 
  • The pool of people who can afford to outright buy franchises as valuations explode is shrinking.
Jay Biggerstaff-USA TODAY Sports

Jeff Bezos is reportedly interested in buying the Boston Celtics, the reigning NBA champions who went up for sale shortly after capturing their 18th title

Here we go again. 

The report comes from podcaster/media mogul/Boston fan Bill Simmons.

“In the last few days there’s been some I think legitimate buzz about Jeff Bezos buying the Celtics, and I think it’s real,” Simmons said on his podcast Sunday. “I think he’s gonna be one of the suitors. Which got me thinking, why would Jeff Bezos, when he’s looking at the Celtics, what is he seeing? What does he want? I think the only way it makes sense—I mean, granted, he has a gajillion dollars—but it’s one of the crown-jewel franchises, right? That’s why you get it. To him it’d be no different than if he bought this famous, gigantic, $300 million yacht. But I think it’s real that he’s potentially in the mix for this.”

It’s not the first time Bezos has been linked to a team on the market, and it likely won’t be the last. Fans of long-tortured sports franchises have dreamed of Bezos serving as a billionaire in shining armor, riding into town in an expensive car to rescue their cursed team from bad ownership. And owners and leagues would benefit from having the mere mention of Bezos’s infinite pockets drive up bids for their teams, making everyone richer. 

(Update, Aug. 20, 4:16 p.m. Eastern: Bezos has “no plans” to buy the Celtics, according to The Information.)

The Amazon founder and Washington Post owner is worth roughly $196 billion, according to Forbes, making him the second-richest person on Earth. Sports team valuations have gotten so astronomical that a dwindling number of people—including Bezos—who don’t already own major franchises can afford to buy one outright. Simmons said the NBA wants to see the Celtics sell for $6 billion, which would set a record and raise the payout owners would get from possible expansion franchises. (Commissioner Adam Silver has said expansion is on deck now that the league’s new media rights deals are finalized.)

“They want to get $6 billion apiece,” Simmons said of expansion fees, “which would mean a check of $400 million to every NBA owner.” 

In recent years, Bezos has been linked to potentially owning the Washington Commanders and the Seattle Seahawks, two cities in which he has ties. Amazon was founded in Seattle, while Bezos owns the local newspaper in the nation’s capital. But the Commanders were sold to Philadelphia 76ers and New Jersey Devils owner Josh Harris for $6 billion. The Financial Times reported Bezos was “simply outbid” by Harris for the Commanders. The Seahawks’ interest started in 2019, but nothing came of it. He has also been linked to the Phoenix Suns, Detroit Lions and Los Angeles Chargers in recent years; those teams were ultimately sold to people other than Jeff Bezos.

Nick Watanabe, a sports management professor at the University of South Carolina, says Bezos’s name will keep coming up if he doesn’t buy the Celtics. “There’s not that many billionaires in the world,” Watanabe tells Front Office Sports.

It’s not even the first time possible NBA interest from Bezos has been alleged on a Simmons show. Former Knick Charles Oakley said in 2019 that Bezos was interested in purchasing his former team. Two months earlier, Simmons had said Knicks owner Jim Dolan was “courting offers” for the team, which Dolan later denied. Five years later, Dolan still owns the team. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

MLB Playoff Ratings Keep Climbing

The MLB playoffs are down to the final four teams.
Sep 15, 2024; Kansas City, Missouri, USA; Kansas City Chiefs fans celebrate after a touchdown by Kansas City Chiefs wide receiver Rashee Rice (4) during the first half against the Cincinnati Bengals at GEHA Field at Arrowhead Stadium.

‘This Is My Whole Life’: How Swifties Became NFL Superfans

The “Chiefties” have arrived. And they are “fully committed” to football.
Sep 21, 2024; Boulder, Colorado, USA; Colorado Buffaloes quarterback Shedeur Sanders (2) walks through Buff Walk before the game against the Baylor Bears at Folsom Field.
opinion

The NIL Era Is a Wild West. Is Anyone Surprised?

Amateurism is dead and college athletes are professionals. How’s that working out?
Jul 20, 2024; London, United Kingdom; The New Balance FuelCell MD-X spikes worn by Gabrielle Thomas aka Gabby Thomas (USA) in the women's 200m during the London Athletics Meet at London Stadium.

Olympic Sprinter Sues New Balance Over ‘Cracked’ Shoes

Khamica Bingham is a two-time Olympic sprinter for Canada.
podcast thumbnail mobile
Front Office Sports Today

The FOS Interview: Golden State Valkyries Coach Natalie Nakase

0:00

Featured Today

‘We’re Ready for FBS’: Sacramento State Is Serious About the Jump

How the Hornets got themselves on the short list of potential call-ups.
Duante' Abercrombie News Ch.4 interview
October 9, 2024

Tennessee State’s Ambitious Plan to Launch an HBCU Hockey Program

TSU has big plans, but the university is facing an existential dilemma.
October 8, 2024

Ryan Smith Sees Salt Lake City As Next Vegas-Like Sports Town

Utah Hockey Club’s owner says all the pieces are falling into place.
October 8, 2024

How the WWE’s Farm Circuit Became a Primetime Draw

NXT produces generational talent—and it occupies a new prime-time network slot.

Jaguars Doubling Down on London Games. Is That a Good Thing?

The Jaguars arrive in London on Friday for a 10-day stay.
Sep 27, 2024; Las Vegas, Nevada, USA; Utah Hockey Club forward Ben McCartney (62) directs a team mate before a face off against the Vegas Golden Knights during the second period at T-Mobile Arena
October 9, 2024

Beer Sales Set Record at Utah Hockey Club Debut Game

Beer sales beat any NBA or NHL game at the Delta Center in its history.
October 10, 2024

Twins Hit the Market: Pohlad Family Looks to End Four-Decade Ownership

The MLB club’s ownership is among the longest-tenured in the league.
Sponsored

Rivalries Reign Across Red River and the Beltway, London Calling

According to data from TickPick, renewed battles between bitter foes are spiking ticket prices.
Oct 8, 2024; Salt Lake City, Utah, USA; The Utah Hockey Club is introduced to the fans before the game against the Chicago Blackhawks at Delta Center.
October 9, 2024

Nothing Obstructs Utah Hockey Club’s NHL Debut

The team pulled off a victory in its inaugural game at the Delta Center.
October 7, 2024

Utah Hockey Club Debuting to Major Buzz

It’s been a wild ride for Salt Lake City’s new NHL franchise.
October 7, 2024

Update: Hurricane Milton Forcing Teams to Scramble As Storm Nears

The Tampa Bay area is at risk of getting hit by the Category 5 storm.
October 7, 2024

Aces’ Failed Three-Peat Bid Caps Chaotic Season

Las Vegas had won back-to-back championships under head coach Becky Hammon.