Sigh of Relief for LeBron James as Billionaire Jeff Bezos’ Close Aide Confirms Status on Celtics Transaction

There was to be a new Intuit Dome-esque arena for the Boston Celtics. It’s a dream that has collapsed within a day. Bill Simmons was the first person to report that billionaire and Amazon CEO Jeff Bezos was tempted to purchase the on-sale franchise. He saw them as the “crown jewels”. Now, after the latest clarification, it seems Bezos never had the intention of doing any of it.

Nick Wingfield of The Information decided to get to the bottom of the saga, after all. Regarded as one of the exclusive publications, its sources are hard to doubt. Wingfield spoke to a source close to Jeff Bezos revealing that there’s “zero truth,” and they also revealed: “Jeff Bezos has no plans to bid on the Boston Celtics”. And just like that, the hopeful Amazon seize seems to have fallen apart.

However, Simmons, along with his sources, also had proof through history to believe that Amazon’s CEO might have an interest in adding a sports team to his portfolio.

Around April last year, after controversies entangled around Dan Snyder, the Washington Commanders had to be sold. Then, Jeff Bezos was among the suitors who wanted to dive into the NFL. Surprisingly, he lost out.

Josh Harris reportedly ‘outbid’ him in the transaction. The Commanders were sold for a record $6.05 billion. Hence, Bezos has shown the tendency to entertain a sports team ownership. The Celtics, being the primal franchise and the most successful in the history of the NBA, seemed to have written Jeff Bezos all over it!

However, it seems the 60-year-old billionaire is far from dwelling in the NBA anytime soon. In every situation, there’s always a flip side, like every coin has two sides. And in this case, maybe, just maybe, the other side could appeal to the hoops community even more!

LeBron James and FSG are all clear for Boston!

The one party that benefits from Jeff Bezos’ reported blackout is Fenway Sports Group. The reputed organization had set its eyes on the winningest franchise in NBA history. The alleged interest from the Amazon CEO seemed to be a major hurdle in their path. But thanks to Wingfield, their path has cleared up.

The Celtics are currently valued at $6 billion. Any sale that goes through will take the spot for the most lucrative team purchase in NBA history. FSG already owns several sports organizations, such as the Boston Red Sox, Liverpool, and the Pittsburgh Penguins. The Shamrocks would certainly help expand their portfolio.

In other news, being a stakeowner within FSG, LeBron James would also be obligated to his share of the Jays’ supremacy once he retires from the league.

They won’t acquire full control, though. The sale of the Boston Celtics comprises two phases. In the first phase, Wyc Grousbeck will sell 51% of his majority stake in the franchise. Then in 2028, the remainder 49% will be transferred to the buyer. More importantly, Grousbeck wishes to remain the Governor of the 2024 champions until then.

Do you think LeBron James and FSG will really buy the Celtics? Let us know your views in the comments below.

Before you go, do not forget to check out this crossover between BG12 and Georgia Bulldogs star Asia Avinger.