Preview tonight's all-new Forbes SportsMoneyHosts Bob Lorenz and Michael Ozanian go inside the NBA
Grousbeck, who is also the Celtics’ CEO, details why he moved to Boston, gives his thoughts about owning an NBA team, and explains the research the managing partners put into purchasing the team – including a look at the thought process behind the team’s acquisitions of Ray Allen and Kevin Garnett that brought them the 2010 NBA Championship.
Later, Pagliuca, who tells the panel that he hopes to own the Celtics for life (saying “they’ll have to carry me out!), recalls Red Auerbach’s advice to the pair upon their purchases and gives insight on the partners’ five-year plan upon buying the club – which included basketball operations as well as upgrades to TD Garden and community entrenchment – as well as explaining his pillars for building a good franchise.
For an in-depth look behind the scenes of owning an NBA franchise, as well as much more on the intriguing and complex marriage of sports and finance, tune in to this all-new Forbes SportsMoney, premiering Friday night at 10:30 p.m. after the Brooklyn Nets Postgame Show, with an encore airing Sunday night at 7 p.m., only on YES.
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