Joe Lacob isn’t wanting to return residence to the Celtics.
The Warriors proprietor and former Celtics minority proprietor put to mattress any concepts that he could be a high purchaser of the latest NBA champions because the crew is set to go up on the market quickly.
“No likelihood,” Lacob mentioned on “The Athletic NBA Present” on Tuesday. “No likelihood, sorry. That ship sailed a very long time in the past — an extended, very long time in the past. I’m a Warrior, that is my id, it’s our id. I like what we’ve accomplished. I like our followers, our enviornment (and) the final decade, and I simply need to do extra. I simply need to create a fair longer and even larger legacy for this group.”
The Massachusetts native was a Celtics minority proprietor from 2006-10 and went on to purchase the Warriors for $450 million and switch the franchise into an esteemed group inside the NBA.
his hometown crew. Kelley L Cox-USA TODAY Sports activities
Lacob was on the helm through the Warriors’ stretch of journeys to the NBA Finals with Stephen Curry, Kevin Durant, Draymond Inexperienced and Klay Thompson, and the crew has received 4 championships since he bought the crew.
Solely weeks after the Celtics received their NBA-record 18th championship over the Mavericks, the crew introduced the managing board of the possession group anticipated to promote the bulk curiosity of the crew in 2024 or early 2025.
The brand new proprietor will inherit an costly roster.
Jayson Tatum signed the most costly contract within the league’s historical past this summer time — a five-year, $314 million extension — which surpassed Jaylen Brown’s 2023 deal of 5 years for $303 million.
Derrick White additionally signed a four-year, $125 million extension.
Jrue Vacation and Kristaps Porzingis earned $30 million or extra a 12 months to make the Celtics’ payroll be over $200 million by the 2025-26 season.
Forbes’ valuations listed the Celtics at $4.8 billion in 2023.
Present proprietor Wyc Grousbeck bought the crew for $360 million in 2002.
