The sale of the Boston Celtics to Bill Chisholm's group for $6.1 billion has raised questions about a potential new arena. However, outgoing owner Wyc Grousbeck emphasizes that the franchise has a longstanding partnership with the Jacobs family, who own TD Garden. Grousbeck insists that the current arrangement is successful, as evidenced by the revenue growth since they began leasing the arena. With the Celtics' lease extended until 2036 and significant renovations to the TD Garden already made, the future suggests no new arena will be built, reinforcing the partnership with the Jacobs family.
We have a long-term partnership and friendship going back with the Jacobs now 22 years. ... It's not broken over there, and we have a great partnership with the Jacobs.
Honestly, there's room for one arena in Boston, not two. ... if we ever decide to do anything, I'm sure we'd do it together and have both teams playing there.
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