Report: LeBron James’ Partnership Group Considering Bidding For Celtics

According to Josh Kosman of The New York Post, NBA legend LeBron James‘ partnership group (Fenway Sports Group and RedBird Capital) are seriously considering bidding for the Boston Celtics.

The Celtics have hired JPMorgan and BDT & MSD Partners to begin the sales process.

“Boston Red Sox Owner Fenway Sports Group and RedBird Capital that partner closely with LeBron James are seriously considering bidding for the Celtics, sources close to the situation said,” Kosman reported. “James, who still stars for the Lakers, could not be a part of Celtics ownership now, sources said. But with the sale being a two-step process — where 49 percent of the team isn’t sold until 2028 — he could easily still end up being an owner of the Lakers’ hated rivals as the 39-year-old should be retired by that time.”

LeBron, arguably the greatest player in NBA history, became a billionaire in 2022. 

Celtics selling owner Wyc Grousbeck is putting up 51% of the team for sale now and the remaining 49% around the time he resigns as the team’s governor in 2028.

The Boston franchise could sell for more than $6 billion. 

LeBron is a four-time MVP, a four-time Finals MVP and a four-time champion. He has career averages of 27.1 points, 7.5 rebounds, 7.4 assists, 1.5 steals and 0.7 blocks with the Cleveland Cavaliers, Miami Heat and Los Angeles Lakers.

LeBron, 39, is the only player to rank top five all-time in points and assists, the only player to win three Finals MVPs with three different teams, the only player with 30,000 points, 10,000 rebounds and 10,000 career assists and the only player to score 40,000 points. 

The Celtics won the 2024 championship against the Dallas Mavericks in five games. Boston has won 18 titles, the most in NBA history. The Lakers are in second place with 17 titles. 

LeBron helped the Lakers win their 17th championship in 2020 at the Walt Disney World bubble. Los Angeles defeated Miami in six games.