As you may have heard, the Boston Basketball Partners L.L.C. announced their intention to sell the Boston Celtics. Based on various reports and statements from the team, it sounds like Wyc Grousbeck and his family are looking to cash in on their investment. Back in 2002 the ownership group purchased the team for $360 million and now it is valued at close to $5 billion and could conceivably be sold for much more than that.
That makes sense. Fabulously rich people like to cash in on their huge investments when they return profits that make them even more fabulously rich.