With a $6 billion pricetag, Jeff Bezos will be the solely man who can afford to purchase the Celtics and Invoice Simmons believes he will likely be a official suitor.
Bezos ranks within the high three richest individuals on the earth, with Forbes rating his web price at $194 billion, which ranks him because the the third richest particular person on the earth, behind Elon Musk ($195B) and Bernard Arnault & Household ($233B).
The Amazon founder is interested by shopping for the Celtics, after the present house owners, the Grousbeck household introduced their plans to promote the crew in June.
Invoice Simmons believes Bezos will likely be a frontrunner.
“The Celtics themselves, the Grousbeck household, the dad of the bulk proprietor Wyc is driving the sale,” Invoice Simmons mentioned on his podcast. “He’s 90, he’s a legend, he’s going to (get) 25 occasions what he paid for the crew, and he simply desires the best worth, he’s not like, ‘Oh these native guys, let’s reduce them a deal.’ He doesn’t care, he desires the most important worth he might presumably get. In the previous few days there’s been some I believe official buzz about Jeff Bezos shopping for the Celtics, and I believe it’s actual. I believe he’s gonna be one of many suitors,” Simmons mentioned. “Which acquired me considering, why would Jeff Bezos, when he’s trying on the Celtics, what’s he seeing? What does he need? I believe the one manner it is sensible — I imply, granted, he has a gajillion {dollars} — however it’s one of many crown-jewel franchises, proper? That’s why you get it. To him it’d be no totally different than if he purchased this well-known, gigantic, $300 million yacht. However I believe it’s actual that he’s doubtlessly within the combine for this.”
Simmons went on to clarify the reasoning behind the eye-watering $6 billion pricetag.
“It’s a loopy worth, however they’re most likely gonna get it,” Simmons mentioned. “They need the $6 billion as a result of they need enlargement groups in Seattle and Vegas — and Mexico Metropolis’s sort of looming because the third crew — however they wish to get $6 billion apiece for the 2 franchises for enlargement, which might imply a examine of $400 million to each NBA proprietor, all 30.”
Bezos tried to buy NFL crew the Washington Commanders, however was reportedly outbid by Josh Harris, the Devils and 76ers proprietor who purchased the crew for $6.05 billion.
So it appears he actually has an urge for food for buying American sports activities groups. Watch this house.
