Celtics Sale Notes: Chisholm, Financing, Valuation, More
Although William Chisholm has reached a tentative agreement to buy a controlling stake in the Celtics, the NBA’s Board of Governors vote to approve the sale isn’t expected to happen until June, according to Dan Primack of Axios (hat tip to Brian Robb of MassLive.com).
That will give Chisholm some time to recruit additional investors, since his bid for the franchise isn’t fully financed, Primack writes. A report from Kerry A. Dolan of Forbes seems to corroborate this point, noting that Chisholm offered another billionaire an opportunity to buy a stake in the Celtics last Thursday.
Primack suggests that Chisholm’s best route to secure additional financing may be to reach out to the other three groups who were involved in the bidding process. Those groups are headed by Dan Friedkin, Stan Middleman, and current Celtics minority owner Steve Pagliuca.
However, according to Primack, Friedkin may already be moving on to pursuing an NHL expansion team in Houston. As for Pagliuca, his group’s bid was fully financed, so he may prefer to hold firm as a potential Plan B if Chisholm’s bid falls through rather than joining Chisholm’s group himself.
Primack also notes that Middleman’s offer came in below Chisholm’s but above Pagliuca’s. There has been no indication that offer was fully financed.
Here’s more on the Celtics’ impending sale:
- While the initial valuation of the franchise is said to be $6.1 billion for the controlling stake, the agreement calls for the valuation to rise to about $7.3 billion by the time Chisholm’s group buys out the remaining shares in 2028, according to Primack, who adds that the weighted price would work out to approximately $6.7 billion.
- Wyc Grousbeck‘s desire to remain in place as the Celtics’ CEO and governor until 2028 was dropped as a mandatory requirement at some point during the sale process, but Chisholm “smartly recognized” the value of agreeing to that condition when he made his offer, writes Primack. According to Axios, the terms of Pagliuca’s fully financed bid didn’t include Grousbeck retaining his CEO position.
- Primack suggests that the high price tag for the Celtics may reduce the likelihood of the NBA expanding to cities like Seattle or Las Vegas in the near future. As he explains, with the Celtics sale resetting the market for franchise valuations, other team owners may be able to get an influx of cash by selling small stakes in their teams rather than relying on expansion fees. Adding one or more expansion franchises to the league would result in a substantial one-time payment for existing teams, but would dilute each club’s share of media rights revenue going forward.
Anthony Davis: ‘Never A Thought’ About Shutting Down For Season
It has been a rough few weeks for the Mavericks, who have found themselves beset by injuries, unable to make roster additions due to their hard cap, and rapidly losing ground in the postseason race in the Western Conference. But Monday’s contest in Brooklyn provided at least one reason for optimism in Dallas, as Anthony Davis made his long-awaited return from an adductor strain.
Davis, who had missed 18 straight games since making his Dallas debut on February 8, told reporters after the Mavs’ 19-point win over the Nets that shutting it down for the season and focusing on the 2025/26 campaign was never an option he considered.
“It was tough seeing these guys battling every single night. Winning close games. Losing close games. Blowing teams out. Getting blown out. They are laying it on the line,” Davis said, per ESPN’s Tim Bontemps. “For me, it was never a thought about if I was going to come back and play. Especially if I was healthy. We are undermanned. Guys are hurt. (Daniel) Gafford. (Dereck) Lively. Kyrie (Irving) goes out. It was tough. Guys were leaving it on the floor. Guys laying on the floor in the locker room afterwards just gassed — to the point of exhaustion.
“There was no doubt I was going to come back and play. That makes you want to come out and play with these guys. Leave it on the floor and battle each and every night. As one of the leaders of the team, I just wanted to go out there and give them a breather at least.”
Davis confirmed in his post-game media session that he’s on a minutes restriction for the time being, and it’s not as if the Mavericks’ injury woes are behind them now that they have the 10-time All-Star back in action. The team still had only 10 healthy players available on Monday and one of them – guard Brandon Williams – can only be active for three more games while on his two-way contract.
Still, having Davis make it through 27 minutes in his return without any setbacks was an encouraging sign for a Mavs team that remains firmly in the mix for a play-in spot as one of three teams from Nos. 9-11 in the West separated by a half-game.
“It was a positive experience,” head coach Jason Kidd said. “We tried to keep his run short. We tried to keep him under his minutes, and I thought he did an incredible job. I thought his rhythm was good. Sometimes when you get a player back like AD, you want to dump the ball to him every time. I thought the guys did a good job of being aggressive and letting the ball find him.”
Even if they claim a play-in spot, the Mavericks would almost certainly have to win a pair of play-in games to earn the No. 8 seed, which would line them up to play a dominant Thunder team in the first round of the playoffs. In other words, the odds are against them making a deep postseason run, especially without Irving, whose ACL tear Davis referred to on Monday as “devastating.”
Still, while the championship aspirations the front office had at the time it traded for Davis last month probably are no longer realistic for this season, that didn’t discourage the 32-year-old big man from trying to return to action as soon as he could.
“I stressed that to them,” Davis said. “Once I’m 100 percent, whenever that time was, and we have games left, I’m going to play. We all huddled up and got on the same page. Went through the rehab process and was able to play (Monday). There was never a moment in my mind — unless we ran out of games — that I wasn’t going to play.
“Seeing these guys playing with seven guys. Guys playing 38, 40 minutes. We just don’t have enough bodies. Kessler Edwards is playing the five. Naji (Marshall) is playing the five. Added a little bit more motivation for me. I was already motivated to get back. But it added a little bit more motivation seeing those guys battle each and every night.”
Jayson Tatum Appears To Have Avoided Significant Ankle Injury
The Celtics experienced a major injury scare in the third quarter of Monday’s win over Sacramento when star forward Jayson Tatum came down on Domantas Sabonis‘ foot after attempting a three-point shot, turning his left ankle as he landed (Twitter video link).
Tatum, who appeared to be in a great deal of pain as he grimaced and grabbed his ankle on the floor, exited the game after shooting a pair of free throws and didn’t return. However, as Adam Himmelsbach of The Boston Globe and ESPN’s Ramona Shelburne report, there were indications in the locker room later in the night that the injury wasn’t a serious one.
According to Himmelsbach, Tatum wasn’t in a walking boot or using crutches, and he barely exhibited a limp when he eventually left the arena to board the team bus. The six-time All-Star was laughing and joking with teammates and didn’t receive any additional medical treatment while sitting at his locker for nearly an hour after the game, Himmelsbach adds.
Tatum declined to conduct a post-game media session, but told Shelburne that his ankle was “just sore,” acknowledging that the team is “going to be cautious.” Head coach Joe Mazzulla said the veteran forward “seems to be doing OK,” while teammate Kristaps Porzingis echoed that view, per Himmelsbach.
“I’m glad it’s nothing too bad, hopefully,” Porzingis said. “It’s a tough situation, tough to see him like that. You could tell he was in a lot of pain, but I’m glad he’s OK.”
The Celtics’ bench initially directed some ire toward Sabonis, who was assessed with a flagrant 1 foul for sliding under Tatum on his jump shot. The Kings star, who has dealt with a series of injuries in recent weeks and was playing in his first game back from a sprained ankle of his own, expressed remorse after the game.
“I feel horrible,” he said. “I’ve had a crazy month myself, personally, and you never want that to happen, so I apologize.”
Boston can afford to play it safe with Tatum, since there are just 10 games left in the season and the team is likely locked into its playoff position. The 53-19 Celtics remain 4.5 games behind the No. 1 Cavaliers and have an eight-game cushion on the No. 3 Knicks in the Eastern Conference standings.
Tatum’s injury occurred on the same night that the Celtics’ other star forward, Jaylen Brown, returned after missing three contests due to a bone bruise in his right knee. Brown, who also missed a pair of games earlier this month as a result of his knee issue, said he met with specialists, but his injury is believed to just be a result of wear and tear, according to Himmelsbach.
“It felt fine,” Brown said after scoring nine points on 4-of-8 shooting in 26 minutes. “I was being a little conservative. When you’ve been out for a while it’s a mental aspect, too, where you just try to keep your feet underneath you. As I gained more confidence I started extending out, being more athletic, and things I’m used to normally doing. Tonight was a good step though.”
And-Ones: Gores, WNBA, Micic, Bibby, Williams, NIL
A new development plan for the Detroit riverfront includes building a multi-sports complex that would support the city’s bid to gain a WNBA franchise, JC Reindl of the Detroit Free Press reports. Pistons owner Tom Gores and a team of local investors plan to use the site to host the team’s practice facility and headquarters. The Pistons and their G League affiliate, the Motor City Cruise, play their games in downtown Detroit.
Reports surfaced in late January that Detroit was one of the cities bidding for a new WNBA franchise.
We have more from around the international basketball world:
- Anadolu Efes guard and former NBA player Shane Larkin said that Suns guard Vasilije Micic could wind up in the EuroLeague next season, as Eurohoops.net relays. “Me and Vasa talk all the time. He’s one of my good friends,” Larkin said, per Meridian Sports. “Obviously we have a lot of history together. And, you know, he’s happy where he’s at, but he’s definitely open to opportunities.” Micic has appeared in just two games with Phoenix since he was traded by Charlotte. Phoenix holds an $8.1MM option on Micic’s contract for next season, which is a virtual lock to be declined.
- Mike Bibby, a 14-year NBA veteran, has agreed to become the head coach at Sacramento State, ESPN’s Shams Charania reports. Bibby played the prime of his career with the Kings.
- Kam Williams of Tulane will test the NBA draft waters, Jonathan Givony of ESPN tweets. The 6’8” wing was named to the American Athletic Conference All-Freshman Team after averaging 9.3 points per game and shooting 41% on 3-point tries in his first college season.
- Writing for The Stein Line (Substack link), Jake Fischer interviews agent Daniel Poneman regarding the NIL and how it impacts the NBA draft and college basketball.
Heat Notes: Butler, Jaquez, Adebayo, Herro, Wiggins, Ware
The Heat plan to have a tribute video for Jimmy Butler when he returns to the Miami for the first time since he was traded to the Warriors on Tuesday. Butler says he’ll watch it but that “it makes no difference.”
Butler’s ugly exit from Miami included a trade demand and three team-imposed suspensions and he’s still unhappy about the way the front office handled it, according to the Miami Herald’s Anthony Chiang.
“You can talk about it whenever we talk about it later on,” he said. “But I think the suspensions are more because they just didn’t want me to be around the team. It wasn’t anything I actually did because I didn’t do anything too drastic to deserve X amount of games being suspended. But it is what it is. Yeah, I got some bills. So what, it’s all taken care of.”
Butler added that he’s used to being portrayed as the villain.
“I’m always painted as the bad guy. Everywhere I’ve been, I’ve always been the problem,” he said. “So we’ll take it. I don’t got nothing to say. I’m not mad at being the bad guy. It’s all the way that everything is portrayed. Some people talk to the media, some people don’t. I’ve never been one to tell my side of the story to almost anybody. Let everybody think that this is what happened and we’ll ride with it.”
We have more on the Heat:
- How do the Heat players feel about the showdown with Butler and the Warriors? Chiang relays some of their reactions. “It’s going to be exciting,” second-year forward Jaime Jaquez said. “I’m sure this place is going to be jumping. We’re excited, I’m sure he’s going to be. It’s going to be an epic battle, for sure.” Bam Adebayo said, “I feel like it’s going to be high intensity, it’s going to be a great game for both teams and we’ll see who walks out with the W.” Tyler Herro, who’s become the top offensive threat after the Butler trade, says he’s just focused on the team finishing strong. “It will be fun,” he said. “I think it’s another game for us, honestly. We just came off a 10-game losing streak. We got bigger things to worry about. At this point, we just need to win games. Obviously, Jimmy is coming back here. But it’s a regular game.”
- Andrew Wiggins — one of the players acquired in the Butler deal — carried the Heat out of the darkness of their lengthy losing streak. He poured in a season-high 42 points in a 122-105 win over Charlotte on Sunday to snap a 10-game skid. “We all played connected,” Wiggins told Chiang. “I feel like my team helped me get in great spots to be successful and make some shots on the court.”
- With Friday night’s 16 points and 14 rebounds in a loss to the Rockets, Kel’el Ware became only the fifth rookie over the Heat’s 37 seasons to record at least 10 double-doubles, Ira Winderman of the South Florida Sun Sentinel notes. Udonis Haslem was the most recent rookie to achieve that prior to Ware. “He’s being fed through a firehose,” coach Erik Spoelstra said of Ware.
Southwest Notes: Edwards, Nunez, McCollum, Sheppard, Morant
Two-way Mavericks player Kessler Edwards is expected to be active for the 50th time this season on Tuesday against the Knicks, NBA insider Marc Stein tweets.
That will make Edwards ineligible to be activated again this season under a two-way deal. The hard-capped Mavs can sign him to a standard contract on April 10. The team can’t do it any sooner because it’s only about $51K away from its first-apron hard cap.
Edwards has appeared in 39 games (17 starts), averaging 4.3 points and 2.8 rebounds in 15.1 minutes per contest.
We have more from the Southwest Division:
- The Spurs have been keeping close tabs on stash-and-draft prospect Juan Nunez, Eurohoops.net relays. “I know we’ve had a lot of people visiting him in Spain and interacting with the Barcelona organization,” interim head coach Mitch Johnson told Mundo Deportivo. “We have a great relationship from everything I’ve heard, that’s what I know about it. I know we’re very aligned in terms of his development and experience there, and we want to continue helping him grow as a young player.” The 36th pick of last year’s draft, Nunez recorded 25 EuroLeague appearances for Barcelona, averaging 5.0 points, 3.4 assists, and 2.5 rebounds per game. The point guard’s season was cut short by a knee injury.
- Following a 40-point outing against the Pistons, Pelicans guard CJ McCollum was rested in the second game of a back-to-back on Monday, according to a team press release. Bruce Brown (return to play reconditioning) and Zion Williamson (low back contusion) were also listed among the players who were ruled out against injury-riddled Philadelphia.
- Rockets lottery pick Reed Sheppard did some shooting at practice without a brace on his fractured thumb, Danielle Lerner of the Houston Chronicle tweets. He was injured on March 7 and was expected to miss at least four weeks. He’ll still be out for at least another week, Lerner adds.
- Ja Morant will miss his fifth straight game due to a hamstring strain when the Grizzlies face Utah on Tuesday, the team’s PR department tweets.
Domantas Sabonis Makes Quick Return From Ankle Injury
Kings big man Domantas Sabonis will return to action on Monday against Boston, Sam Amick of The Athletic tweets.
Less than a week ago, the team announced Sabonis would be out at least 10 days due to a moderate right ankle sprain. That timetable came after Sabonis underwent an MRI.
After missing the last three games, Sabonis was surprisingly listed as questionable to play against the Celtics after fully participating in practice on Sunday.
He’ll now suit up for the Kings, who currently hold the ninth spot in the Western Conference standings with a 35-35 record. Sabonis is averaging 19.2 points, an NBA-leading 13.9 rebounds and 6.2 assists per game in 58 outings.
If Sabonis appears in seven more games, he’ll be eligible for postseason awards. Whether that provided any additional motivation for him to return quickly is unknown, but the club has lost its last two games to the Bulls and Bucks without his inside presence, so the team’s tenuous hold on a play-in spot is probably the more pressing concern. The Kings also have a home game against Oklahoma City on Tuesday.
Anthony Davis Expected To Play Tonight
Anthony Davis is expected to play tonight when the Mavericks face Brooklyn on the road, NBA insider Marc Stein tweets.
Davis has missed 18 games since he suffered a left adductor strain in his Dallas debut on Feb. 8. Assuming Davis plays, he will sit out the second game of a back-to-back when the Mavericks face the Knicks at Madison Square Garden on Tuesday.
Davis made a splashy debut with the Mavericks, racking up 26 points, 16 rebounds, seven assists and three blocks in 31 minutes before the injury occurred. Davis has been ramping up in recent weeks, practicing multiple times with the Texas Legends in the G League.
Davis’ return will provide a big boost to Dallas, which has been ravaged by injuries, including Kyrie Irving‘s season-ending torn ACL. The Mavericks are still very much in the running for a play-in berth — they’re currently tied with the Suns for 10th place in the standings at 34-37. The ninth-place Kings, who are 35-35, are also within reach of the Mavs.
Dallas has gone 6-12 without the perennial All-Star big man. Davis is averaging 25.7 points, 12.0 rebounds, 3.4 assists and 2.1 blocks over 43 games this season. He was, of course, the centerpiece for Dallas in the controversial Luka Doncic blockbuster with the Lakers.
Sixers Sign Marcus Bagley To 10-Day Contract
The Sixers have signed free agent forward Marcus Bagley to a 10-day contract, the team announced in a press release.
Bagley, 23, went undrafted in 2023 after three injury-riddled seasons with Arizona State. He has been a member of Philadelphia’s organization ever since, initially playing for the 76ers’ Summer League squad that year and spending the past two seasons with the team’s G League affiliate, the Delaware Blue Coats.
Bagley struggled to make an impact during his first professional season in 2023/24 and got off to a relatively slow start this past fall during the Tip-Off Tournament. However, he has been more productive since the NBAGL regular season got underway in the winter, averaging 11.3 points, 8.1 rebounds and 1.2 assists in 18 games (29.3 minutes per contest). His shooting line over that span is .436/.320/.759.
The 76ers currently have a full 15-man roster, but they are permitted to carry extra players via the hardship exception due to injuries. It’s likely they qualify for a second hardship exception, as Chuma Okeke is currently on his second 10-day contract with the club — his deal expires March 25.
While it’s also possible Philadelphia decided to end Okeke’s contract a day early, there’s no mention of Okeke in the press release. Either way, Bagley will be getting his first standard NBA contract.
Bagley will earn $66,503 over the course of his 10 days with the team and Philadelphia will carry an identical cap hit on its books. Bagley, whose older brother is Grizzlies big man Marvin Bagley III, will be eligible to appear in five games for the Sixers.
Coby White, Kevin Durant Named Players Of The Week
Bulls guard Coby White has been named the Player of the Week for the Eastern Conference, while Suns forward Kevin Durant has won the award in the West, the NBA announced today in a press release.
It’s the second straight week that White has claimed the honor in the East. According to the Bulls (Twitter link), White joins Michael Jordan as the only players in team history to win the award in back-to-back weeks (Jordan accomplished it twice).
White, 25, helped guide Chicago to a 3-1 record last week, averaging 30.3 points, 4.0 assists and 3.3 rebounds on .556/.394/.848 shooting in four appearances (35.5 minutes). All four games came on the road.
Durant, meanwhile, averaged 27.3 points, 6.3 assists and 4.3 rebounds per game on .588/.471/.933 shooting in victories over Toronto, Chicago and Cleveland last week. It’s the 33rd time he has won the weekly award in his career, per the Suns (Twitter link via Duane Rankin of The Arizona Republic), tying Kobe Bryant for second-most all-time (LeBron James has by far the most with 69).
According to the NBA (Twitter link), White beat out Giannis Antetokounmpo, Paolo Banchero, Cade Cunningham, his teammate Josh Giddey, Quentin Grimes, Pacers teammates Bennedict Mathurin and Myles Turner, Celtics teammates Kristaps Porzingis and Jayson Tatum, and Trae Young in the East.
The other nominees in the West were Deni Avdija, Durant’s teammate Devin Booker, Luka Doncic, Shai Gilgeous-Alexander, and Kawhi Leonard.