x
Celtics make press conference announcement after Jaylen Brown trade
David Butler II-Imagn Images

Boston Celtics owner Bill Chisholm and president of basketball operations Brad Stevens are slated to face the press following their blockbuster Jaylen Brown trade with the Philadelphia 76ers, which landed the Celtics veteran forward Paul George and future draft capital. After losing to the Miami Heat in the Milwaukee Bucks’ Giannis Antetokounmpo sweepstakes, which featured their former All-NBA star in their trade proposal, the Celtics pivoted their trade discussions over Brown before agreeing to a deal with the 76ers.

The Celtics announced Stevens’ media availability, per The Stein Line’s Marc Stein.

“The Celtics have officially announced a Monday afternoon press conference for president of basketball operations Brad Stevens and new majority owner Bill Chisholm to discuss the Jaylen Brown trade after the league’s annual moratorium is lifted and the deal is made official,” Stein reported.

The steps taken that led to the Celtics trading Brown will soon be revealed.

Celtics new owner’s ties with equity firm revealed after Jaylen Brown trade


Eric Canha-Imagn Images

Celtics new owner Bill Chisholm has been in the news a lot this week, following the team’s decision to part ways with All-NBA forward Jaylen Brown, who helped them win a championship and was named Finals MVP just two years prior.

A deep dive into Chisholm revealed private equity firms’ involvement in the team’s sale and the organization’s direction regarding the Celtics’ roster, according to ESPN’s Brian Windhorst.

“After winning the title, the Celtics were bought by Bill Chisholm, who went to Dartmouth and Wharton and funded the deal with a complex layering of private equity firms putting in institutional funds to assemble his record $6 billion purchase. There are several NBA teams with private equity investors and owners who made their money in high finance, but the Celtics are at the top of that pyramid, and their methodology certainly matches.

“Let me tell you, they did not become less analytical after that,” an Eastern Conference executive said. “Private equity wants the answers to the test.”

The recent development has sparked a debate about how organizations assess talent, with some prioritizing advanced analytics metrics over the human element and high-end talent.

This article first appeared on NBA on ClutchPoints and was syndicated with permission.

More must-reads:

Customize Your Newsletter

Yardbarker +

Get the latest news and rumors, customized to your favorite sports and teams. Emailed daily. Always free!