Ownership Group of NBA Champion Boston Celtics Putting Team on Market

Boston Celtics owner Wyc Grousbeck (C) and star forward Jayson Tatum celebrate their NBA championship during a duck boat parade in Boston on June 21, 2024. Michael Dwyer/AP Photo

BOSTON—The ownership group that controls the NBA champion Boston Celtics says it intends to sell all its shares of the team.

In a statement released Monday, Boston Basketball Partners LLC said it intends to sell the majority of its shares in 2024 or early 2025. The balance of its shares would then close in 2028.