The Celtics Just Took A MASSIVE Risk…
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The Boston Celtics have been THE premier NBA team over the last few years – 4 straight 50+ win seasons, 2 Finals appearances, including winning the 2024 title… in an era of extreme parody in the NBA where we have had a different NBA champion in each of the past 5 seasons – what the Celtics have done in that time frame is as close to dominant as we have seen.
But, things just changed for the Celtics in a MASSIVE way. Since 2002, the ownership of the team – lead by Wyc Grousbeck – has not changed… until now. The Boston Celtics were just sold to Bill Chisholm for a record $6.1 BILLION…
#celtics #bostonceltics #nba
46 Comments
What even is this video? "What if everything that could possibly go wrong does?" Most of the things you referenced would be bad if they didn't trade the team so🤷🏼♂️
The Mavs owner group is suspicion cause they wanted to have the league approve gambling in their own arena and the leagues denied them that.
If the whole KD nonsense is real and happens I’ll leave the fanbase till he’s gone
I’m just glad someone like Elon didn’t buy the Celtics. It broke my heart that mark sold the mavs because I know he loved that team. He should have never sold more than half his stake
Bro trying to compare a good franchise (Boston) to that dumpster fire in Dallas. Clickbait used to be believable
I’m a suns fan and we underachieved because Booker ain’t as good as we thought. Booker is closer to top 25 player than he is top 10 player. Nobody wants to admit that. Booker is demar derozan 2.0. We need to trade him
Stop promoting gambling
I just really hope somebody in the east steps up because the east is so pathetic and it's always the Celtics. I just hope somebody can compete with them for another five years because the 76ers and the Bucks have fallen off bad.
Trade Jaylen Brown and the rest will work itself out.. get him to memphis for Bane Huff and Pippen Jr
Once the pieces around the two Jays are gone and they cannot spam fake trees. It's over.
their payroll is tight so i could see changes after this season but i'm not going to assume anything
Lmao you trying to compare the Mavs owners to the Celtics owners YouTubers still mad salty about the trade
Holiday, Pritchard and Hauser for Durant. Forget the depth and continue the window and opens themself for more contract flexibility in 5 years too
Boston Celtics back-to-back champion 🏆💯
As a pistons fan… go ahead spend less money 😌
Sorry Tucker, we're going to ride Brown and Tatum for 3 more championships.
Go Nets. 🙂
Nah, the new owners won't pay.
This is just the Trump Trump effect 🦸🏻💪🏻💲💲💹💹💹💹💹💲💹💲💲💲💲💲💹✅💵💵💵💵💸💸💸💸💸🤝🤝
I got a feeling that Jaylen Brown would actually want out later in his career, maybe within his current contract. They'd probably let him go and keep Pritchard.
No Texas declining a casino attached to a new arena for the mavs is why Luka is in LA and why the mavs will be in Vegas.
People keep on saying previous owner of phoenix suns are bad, showing zero receipt to back it up. The main reason owners are selling because players salary is ridiculous high even bad players like markel fulze, ben simmons and bradley beal getting bag of money.. Investment group owning a team are the bad one because they operate based on profit only.
I love that the Luka trade was such a mistake that even a video about the Celtics takes time to talk about how it is possible for such a terrible trade to take place.
What if the Cs trading one of their starters end up in the Cs getting Cooper Flagg?
Luke Kornet has been AMAZING. He’s the best 9th man in the league
Yuck, gambling afs
The thunder are gonna be set up for failure if shai signs for too much it’ll just wreck the team why can’t you keep the players you draft
Great point about new ownership! Will they really want to let the old owners make the decisions?…nahhhhhhh. So true
Stop being fooled by big names, letting PG13 for nothing was great decision, everybody knew Beal was overrated big fish in small tank.
Celtics championship window is now (2025-2030) with both Brown and Tatum in their prime.
If Marc Cuban loves the Mavs so much, why did he sell the club in the first place? It's just an act, he loves money much more than the Mavs.
6 billion but No stadium
Boston Celtics are Too Funny
being forced to sell something you love because its too valuable not to is insane to me. capitalism is the stupidest thing ever
The thing I hate about the luxury tax thing is this is gonna be legacy defining. Jokic or Giannis might only get 1 cause of financial implications that prevent them from getting help. And the same might happen to the Celtics if they lose the title.
He seems like a humble owner. He was genuinely star struck to be interviewed by Chris Forsberg. "OMG Its You!" he said when Forsberg appeared on the screen.
sporting "logically"
The Celtics are at a crossroads. The handcuffs that are applied by being a second apron team make it hard to improve or maintain the roster. For those that don't know, the only things a second apron team can do to improve the roster are as follows: You can sign your own draft picks, you can resign your own free agents, and you can sign veteran minimum free agents off the street. That's it! You have no cap space to sign a free agent. You aren't allowed to use a mid-level or bi-annual exception to sign a free agent. There are trade restrictions. You can't acquire a player in a sign and trade. You can't take back more salary in a trade than you are sending out. You can't combine multiple smaller salaries to trade for a higher salary player. You can't send out cash in a trade. You also can't sign a buyout player who was making more than the non-taxpayer mid-level exception prior to being bought out. These restrictions make it hard for a front office to maneuver.
The Celtics have done a great job up until now. They won a title. Could very well win another. The front office built a team that had the needed players on it before going into these second apron penalties and last off season they kept the existing team together to try to make another run. However, over the next couple of seasons it will be hard to maintain. There will likely be an erosion of competitiveness. Case in point. Al Horford turns 39 years old on June 3rd. How much longer is he going to play at a high level? When the end comes, how will the Celtics replace his production? The only options are a late draft pick or a vet min player. Good luck with that.
The Celtics have a Porzingis problem going into next year. KP makes 30.7 million next year on an expiring salary, but he is very unreliable. The Celtics probably don't want to resign KP to another big multiyear contract. Over his entire career he's missed about 40% of his total possible games to injury and this hasn't gotten any better since joining the Celtics. If you are trying to win, you can't trust KP. But who is his main replacement on the roster? Soon to be 39-year-old Al Horford. Trusting Al Horford going forward could end up being as foolish as trusting KP. Horford is making 9.5 million this season and is an unrestricted free agent this offseason. Horford's production on the court justifies the money he's making. A new billionaire owner just bought the team, and you want Horford to take a haircut on his next contract with how important he is due to KP's fragility? That could turn into an awkward negotiation, especially if the Celtics are coming off back-to-back titles.
Luke Kornet is the third big. Career journeyman. Played very well off the bench this year. Due to the likely reliability issues with KP and Horford, Kornet has to be resigned because he'd be very hard if not impossible to replace. Kornet is making the veteran minimum this year but is about to be an unrestricted free agent. He's never had a big payday in the NBA. That's probably about to change relatively speaking. Kornet is viewed around the league as a very useful bench big that lots of teams would love to have. He's probably going to get offers for a big chunk of several teams Mid-Level exceptions. The Celtics will probably have to give Kornet a substantial raise above vet min to keep from losing him. You can't blame Kornet. He's at an age where he has to get himself paid while he can.
Now for the elephant in the room. Next season (2025-26), the Celtics become a Repeater Luxury Tax team. Starting next season, the new NBA Collective Bargaining Agreement institutes new harsher repeater tax rates for the first time ever. The rates are much worse than they have been in the past. Bad timing for the Celtics and this is exactly why Wyc Grousbeck is selling the team. The Luxury tax line projects to be 187.9 million. Each tax bracket above that figure incurs a higher tax penalty. The size of each tax bracket is the same amount as whatever the Taxpayers-Midlevel-Exception happens to be which is projected to be $5,685,000 next year. The repeater tax rates for each bracket are as follows:
Bracket 1 – $3.00 for every dollar spent inside that bracket.
Bracket 2 – $3.25 for every dollar spent inside that bracket.
Bracket 3 – $5.50 for every dollar spent inside that bracket.
Bracket 4 – $6.75 for every dollar spent inside that bracket.
Bracket 5 – $7.25 for every dollar spent inside that bracket.
Bracket 6 – $7.75 for every dollar spent inside that bracket.
Bracket 7 – $8.25 for every dollar spent inside that bracket.
Bracket 8 – $8.75 for every dollar spent inside that bracket.
Bracket 9 – $9.25 for every dollar spent inside that bracket.
Bracket 10 – $9.75 for every dollar spent inside that bracket.
Bracket 11 – $10.25 for every dollar spent inside that bracket.
Why did I take it out all the way to bracket 11? Because the Celtics payroll could easily rise into bracket 11 if they want to put the same team on the court next year. If the Celtics total team payroll exceeds approximately $244,750,000 next year, that means the Celtics are entering the 11th bracket. For the Celtics, a total team salary of exactly $244,750,000 next year will result in a luxury tax bill of $395,107,500. This will be a total expenditure of $639,857,500. Sobering isn't it! The media is just starting to cover this. However, the media is still screwing it up because they are widely reporting that the Celtics are only on the hook for about $220 million in luxury tax next year. This would be true if the Celtics only planned on rostering the 11 players they currently have signed for 2025-26. Unfortunately, the NBA requires teams to roster 14 players by opening day and eventually a 15th player by at least the last game of the regular season. It will be these extra players (resigning Al Horford, resigning Luke Kornet, drafting a player in the first round 28th overall, and signing a buyout guy at the tail end of the season) that will push the Celtics into the 8th, 9th, 10th and maybe even the 11th tax bracket. For the average Celtics fan, good thing this isn't your money, am I right? I don't care who you are, operating any business in the red for any length of time is unsustainable. The recent reports of the Celtics parting ways with Jrue Holiday and or Kristaps Porzingis might just have something to them.
We all knew this was coming. The 2nd apron was literally made so teams wouldn’t be able to form dynasties and go on repeat title runs. It forces you to change your roster.
The Grousbecks really screwed the Celtics, selling to a group that will be financing the team just because they were the highest bidder instead of selling to Pagliuca. Chisholm doesn't even have enough money to be the majority owner. Sixth Street, a private equity firm that isn't buying because they are Celtics fans, put up the most money. They need to pay the debt so this team is getting blow up.
Sam Hauser is gone, Drew Holiday and maybe even Horford. This team is one and done.
It might be time to move on from Jrue Holiday unless he steps up big in the playoffs.
1:34 this is why I also blame him for the Luka trade
The Celtics will be just fine I seen that this guy grew up in Massachusetts and is a Boston fan. Just based on that shows this isn’t 100% business like the other recent new owner. Obviously bro wants to make money because if he couldn’t he wouldn’t do it but imagine growing up a die hard fan of a team then get to grow up and buy your favorite team right after they win a championship and more than likely going back to back. That’s a businessman/fans dream
Click bait
I always felt like if I had a billion dollars I’d be on the beach everyday but 6.1 billion I’d be in space or something 😂
I think they were smart enough to have everyone’s salary built-in with the price of the team… why wouldn’t it be
You can put your stamp on the team as a new owner by keeping everything exactly as it is. You only have to stay in the unique Celtics fandom-vibe and everything will play out fine. 💚🍀