I got curious about the biggest spender in the NBA, majority owner Joe Lacob of the Warriors, and what I found out is a connection to the Celtics.
"In January 2006 he became part-owner of the Celtics, where he became a co-investor with H. Irving Grousbeck (the current part-owner of the Celtics.
On July 15, 2010, Lacob and the group of investors he headed agreed to buy the Golden State Warriors of the NBA from Chris Cohan for $450 million, requiring him to sell his minority interest in the Celtics."
So he just beat his former team.
"In January 2006 he became part-owner of the Celtics, where he became a co-investor with H. Irving Grousbeck (the current part-owner of the Celtics.
On July 15, 2010, Lacob and the group of investors he headed agreed to buy the Golden State Warriors of the NBA from Chris Cohan for $450 million, requiring him to sell his minority interest in the Celtics."
So he just beat his former team.