Two weeks after the Boston Celtics won their 18th title in franchise history, the future of the organization is in question. Celtics majority owner Wyc Grousbeck is planning to make the franchise ...

The Portland Trail Blazers are officially for sale. The estate of Paul Allen, the franchise's late owner, announced May 13 it has commenced a formal sales process for the team. The investment bank ...

The Celtics now know who their new owners will be going forward, ushering in a new era for the winningest franchise in the NBA. The Celtics are being sold to William Chisholm, managing partner of ...

PORTLAND, Ore. May 13, 2025 5:30 p.m. Updated: May 14, 2025 1:20 a.m. FILE - Portland Trail Blazers general manager Joe Cronin, left, and owner Jody Allen courtside at a Trail Blazers game in Portland ...

The Boston Celtics added another record to their historic résumé after being sold for $6.1 billion to a group led by Bill Chisholm, co-founder of Symphony Technology Group. The sale price is a record ...

If you’re ready to buy a franchise, there are two business models to consider: brick-and-mortar and service-based. Deciding between the two may be hard, but it doesn’t have to be. The investment cost, ...

A franchisee’s role within the franchising model is multifaceted. As a licensee of the franchisor, the franchisee enters into a franchising agreement that clearly outlines their responsibilities and ...

When billionaire mortgage lender Mat Ishbia agreed to purchase the Suns for $4 billion Tuesday, it marked the highest sale price of an NBA franchise. The Suns’ purchase also ranks second among the ...