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Last Updated
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158 days ago, Boston
Updated 156 days ago
Fenway Sports Group Not Bidding for Boston Celtics Sale
Fenway Sports Group Not Bidding for Boston Celtics Sale

Fenway Sports Group Not Bidding for Boston Celtics Sale

News summary

Fenway Sports Group (FSG), the owner of the Boston Red Sox and Pittsburgh Penguins, is reportedly not planning to bid on the Boston Celtics, contradicting earlier speculation. With the first round of bids due on January 23, current Celtics owner Wyc Grousbeck is expected to receive offers from four to five groups, including one led by co-owner Steve Pagliuca. FSG's CEO previously indicated that pursuing the Celtics was not on their radar, despite their interest in basketball investments. Meanwhile, LeBron James, a minority owner in FSG, has expressed interest in owning an NBA team but is focusing on potential expansion in Las Vegas rather than the Celtics. The expected sale price for the Celtics is anticipated to surpass $6 billion. The situation has created a buzz as several investors eye one of the NBA's most prestigious franchises.

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Sports Illustrated
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Fenway Sports Group Not Making Effort to Buy NBA Champion Boston Celtics
158 days ago
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Sports Illustrated
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Fenway Sports Group Not Making Effort to Buy NBA Champion Boston Celtics
158 days ago
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Bias Distribution
100% Left
Information Sources
43ca6625-20fa-4fff-8e8e-3cc88620488e
Left 100%
Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
156 days ago
Bias Distribution
100% Left

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Sports Illustrated
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Fenway Sports Group Not Making Effort to Buy NBA Champion Boston Celtics
158 days ago
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Sports Illustrated
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Fenway Sports Group Not Making Effort to Buy NBA Champion Boston Celtics
158 days ago
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  • Boston Celtics
  • NBANBA
  • BaseballBaseball
  • MLBMLB
  • BasketballBasketball
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