Is Jeff Bezos Plotting A $6 Billion Purchase? 'I Think It's Real' – The Billionaire Eyes The Boston Celtics

Jeff Bezos may be considering a bid for the fourth most valuable team in the NBA.

Rumors, which gained traction on Monday, suggest that the Amazon founder and the world’s second-richest person might plot a $6 billion purchase of the Boston Celtics.

Bill Simmons, the sports media personality and Boston native, credited the speculation on his podcast. "In the last few days, there’s been some legitimate buzz about Jeff Bezos buying the Celtics and I think it’s real," Simmons said. "I think he's going to be one of the suitors."

Don't Miss:

• This startup’s stem cell research aims to reduce reliance on animal testing — Sees 55% uptick in YTD sales and only costs $3 per share for early investors.
• Will Cannabis and Psilocybin drug development lead the way in disrupting the $678 billion pharmaceutical industry? This start up is betting on it and you can be an early investor too, with just $250 for under $2/share

The Celtics, who won the 2024 NBA finals, were unexpectedly put up for sale by Boston Basketball Partners LLC – the group led by majority owner Wyc Grousbeck – just weeks after securing the championship. According to Forbes, the team’s value soared to an estimated $4.7 billion, making it the fourth most valuable franchise in the NBA.

A $6 billion deal would represent a 24.29% premium over its current value.

Trending: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?

According to Forbes, Bezos, with a net worth of $195.3 billion, is one of the few individuals with enough money to make the purchase. Adding to the speculation is his previous interest in sports team ownership, as he was linked to a bid for the NFL’s Washington Commanders before being outbid by Josh Harris, according to NBC Sports.

Should Bezos compete for the purchase of the Celtics, the potential sale would be complicated. Grousbeck outlined a two-part sale structure to CNBC last month, with 51% of the team to be sold immediately and the remaining 49% to change hands in 2028. 

Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.

For Bezos, acquiring the Celtics could be more than just a trophy asset. Amazon Prime is set to begin broadcasting NBA games in 2025, potentially creating synergies between team ownership and the tech giant’s media ambitions.

However, any new owner of the Celtics will face immediate financial challenges. According to Athlon Sports, the team is poised to incur luxury tax penalties as soon as 2025 because of its efforts to keep its winning roster intact.

Trending: This billion-dollar fund has invested in the next big real estate boom, here's how you can join for $10.

Bezos’s purchase of the Celtics would add to a broader trend of business magnates entering the sports ownership arena. He would join the likes of Mark Cuban, who owns 27% of the Dallas Mavericks; Steve Ballmer, who owns the Los Angeles Clippers; David Tepper, who owns the Carolina Panthers; Dan Gilbert, who owns the Cleveland Cavaliers; and others who own storied franchises across the NFL and NBA.

While the prospect of the Amazon founder taking the team’s reins is still speculative, Chris Mannix, a senior writer at Sports Illustrated, said on X (formerly Twitter) that a Bezos-Celtics bid would "undoubtedly" be welcome.

So, the idea of the Amazon founder sitting courtside, watching his team face off against Cuban's Mavericks (as we saw during the 2024 NBA Finals), no longer seems far-fetched.

Read Next:

• A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today.
• Don’t miss out on the next Nvidia – you can invest in the future of AI for only $10.