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Boston Celtics majority owner Wyc Grousbeck is exploring a sale of his stake in the 2024 NBA champions, the team announced Monday.
"Boston Basketball Partners L.L.C., the ownership group of the Boston Celtics, announced today its intention to sell all the shares of the team. The controlling family of the ownership group, after considerable thought and internal discussion, has decided to sell the team for estate and family planning considerations.
"The managing board of the ownership group expects to sell a majority interest in 2024 or early 2025, with the balance closing in 2028, and expects Wyc Grousbeck to remain as the Governor of the team until the second closing in 2028."
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 NBA Finals four times under their current ownership.
Last month, the Celtics won their 18th NBA title in franchise history, beating the Dallas Mavericks in five games. After going 64-18 during the regular season to ensure the top seed in the playoffs, the team beat the Miami Heat, Cleveland Cavaliers and Indiana Pacers to reach the NBA Finals.
“It feels like we’ve got more to do,” Grousbeck said following the Celtics' championship parade. “I mean, I’ve got to go design a ring with the guys, and we’ve got to raise the banner in October. There’s more to do. But we’re going to build the team for next year. We’re going to enjoy this for now, though. ... We’re fans who bought this team. We’re all in this together. Let’s go get another one.”
The franchise's 18th NBA title broke a tie with the Los Angeles Lakers for most in league history.
Daniel Weinman was crowned winner of the 2023 World Series of Poker (WSOP) Main Event on Monday, taking home a record breaking $12.1 million in winnings. Weinman had to outlast the other 10,043 entrants to take home the prize and get his hands on his share of live poker’s largest ever prize pool – a staggering $93,399,900. As well as taking home the prize money, 35-year-old Weinman also got his hands on the WSOP Main Event bracelet. The huge bracelet contains 500 grams of 10-karat yellow gold, as well as 2,352 various precious gemstones.
Daniel Weinman won the World Series of Poker's main event world championship on Monday in Las Vegas, earning $12.1 million along the way. Playing in the tournament for a 16th year, Weinman was tops in a deep pool of 10,043 players vying for $93.39 million. His victory came after just 164 hands at the final table. "I was honestly on the fence about even coming back and playing this tournament," the 35-year-old Atlanta native told reporters afterward. Weinman's final table featured Jan-Peter Jachtmann, who landed in fourth place and took home $3 million, as well as Toby Lewis, who finished seventh and secured $1.42 million. According to the Las Vegas Review-Journal, the main event's entry pool far outpaced the previous record of 8,773 set in 2006. "I've always kind of felt that poker was kind of going in a dying direction, but to see the numbers at the World Series this year has been incredible," Weinman said. "And to win this main event, it doesn't feel real. I mean, [there's] so much luck in a poker tournament. I thought I played very well." Steven Jones finished second, securing $6.5 million. And Adam Walton settled for third and a $4 million prize.
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