The team's ownership group, Boston Basketball Partners LLC, has decided to sell the franchise for estate and family planning considerations.
Sportico values the Celtics at $5.1 billion, the fourth-highest in the league.
The sale comes at a time where the league is in the midst of negotiating a $76 billion media deal with ESPN, Comcast and Amazon.
NBA Commissioner Adam Silver has said when the league finishes negotiating its media deal it will look to expand, likely adding two new franchises.
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