Boston Celtics selling for pro sports record $6.1 BILLION! Angels ban cell phones from clubhouse! March Madness! (Episode 1240)

Nothing Personal with David Samson

David Samson

Baseball, Sports, Business

4.5 • 3K Ratings

🗓️ 21 March 2025

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today’s word of the day is ’consortium’ as in the Boston Celtics as in the NBA as in ownership as in $6.1 billion. Wow. How are these teams being paid for? What does the future of ownership look like? Is expansion coming? (12:50) The Los Angeles Angels have banned cell phones from the clubhouse. That will do the trick! The losing is over! (20:20) Is ESPN looking to get back into business with MLB? Maybe! (33:41) Review: Flow. (36:09) NPPOD. (47:12) Michigan had a problem. Now the former co-offensive coordinator has even bigger problems. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:22.0	Shopify is made for entrepreneurs like you.
0:24.5	Sign up for your $1 a month trial at Shopify.com slash setup.
0:32.6	Here you go.
0:33.6	Here you go.
0:36.4	You go.
0:48.8	That's the nothing personal word of the day.
0:52.2	It is Friday, March 21st, 2025.
0:57.0	And I don't know if you've ever been part of a consortium, but if you have been,
1:04.1	it's an exciting thing because you get to take your money and everybody else's money,
1:15.8	put it in a pot, and buy the Boston Celtics. What could possibly go wrong paying $6.1 billion for a basketball team?
1:26.3	I didn't hear you. What's the answer? That's right. Paying $7.3 billion for a basketball team.
1:32.8	I want to get into an entire discussion to explain to you what's happening here because it's quite something.
1:34.7	It was announced yesterday that Bill Chisholm, who is the co-founder of a private equity firm,
1:39.4	we're going to talk private equity.
1:42.2	Forget what the fund is focused on.
1:44.6	Software, tech, doesn't matter.
1:47.8	What matters is they have an agreement to purchase the Boston Celtics for what will be a
1:54.3	record price.
	...

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