The more stories I hear about other teams' owners, the more I appreciate our ownership group. They spend when they should, they hire good people and stick with them, they care deeply and passionately about the team, and they know enough to know what they don't know and when to stay out of people's way.
So it warms my heart to know that they have no immediate intentions of selling the team to anyone else, despite a good deal of interest lately.
Celtics owners Wyc Grousbeck, Steve Pagliuca are fans at heart
They are having such fun being fan/owners, they stressed during an hourlong interview at a downtown hotel recently, they have little intention to change much, despite receiving, according to Grousbeck, "two serious offers’’ to sell in the last two weeks. As for the two recent offers to sell, an adamant and more solemn Grousbeck insisted the club is not for sale. He also would not say whether the offers included a dollar amount. "They might, but I don’t want to discuss it,’’ he said. "With all respect . . . sorry.’’
They bought the team for $360 million, which was at that point a record. The Clippers recently sold for $2 billion. I'd say that whenever the owners are willing to sell, they'll be getting a nice return on their investment.
As businessmen I'm sure they have to at least listen to offers when they come their way. But right now they're enjoying the process of being fans and owners. They've also got a devoted fanbase, a sweet local TV deal, and of course the ginormous league-wide TV deal kicking in. In short, it is safe to say that they aren't in the red and they don't expect to be anytime soon.
So keep doing what you do Wyc and Steve (and the rest of the owners). We gave you a (playful) hard time for your "fireworks" comment, but in truth we love that you are thinking along the same lines that we are.