The NBA's Boston Celtics' recent big move has attracted a lot of attention, and the team has spared no expense to renew key players, which has not only made a difference on the court, but also made waves at the financial and ownership level.
The Boston Celtics had just won the championship, but they didn't seem to be slacking off, on the contrary, their actions were more like motivating the team to go further. Shortly after the team's victory celebration, news broke that they began contract extension talks for two key players. This is not surprising, after all, Tatum and White played well in the playoffs and were important contributors to the team's championship.
Tatum's contract extension is particularly noteworthy, as he will remain with the Green Kais on a five-year, $314 million supercontract. Not only was this a major milestone in his career, but it was also one of the highest contract sums in NBA history. Netizens took to social media to express their surprise and appreciation, with some praising their loyalty to the core of the team and others worrying about the huge strain that the high salary will put on the team's finances.
One fan wrote on the forum: "I was so surprised and delighted to see Tatum's contract. His performance does deserve this contract, but with such a high salary, hopefully it won't affect other aspects of the team. "This reflects fans' concerns about the team's future finances, and while the team is doing a good job of contract extensions, it is also important to avoid getting bogged down in the luxury tax.
White's contract extension is also a significant amount, and he will continue to play for the team on a four-year, $126 million contract. He has shown great interior ability throughout the season and has contributed immensely to the team's defense and rebounding. Some netizens believe that White's contract, although not as impressive as Tatum's, is also crucial to the team's stability.
In the online discussion, there was talk about how Tatum's high salary will affect the team's upcoming seasons. A netizen wrote on social platforms: "Green Kai really spent a lot of money to keep Tatum, hoping that this contract can bring more championships to the team." But we also need to be wary of the future luxury tax and hope that management has a viable financial plan. ”
These high-value contracts are not just making sports headlines, they are also raising financial concerns. The Boston Celtics will have to pay a sky-high luxury tax due to the huge cost of contract extensions, but it also ensures the stability of the team's core roster. At the same time, the team's ownership group has announced plans to sell all of its shares by 2028, a decision that appears to be a move to take advantage of the team's title win at a high price to avoid being forced to sell in the future due to financial difficulties and unable to pay players' salaries.
The Boston Celtics have multiplied their market value 13-fold since 2002 and are now valued at a staggering $4.7 billion. Considering that they bought the entire team for only $360 million back then, it now seems like a huge investment success. It's not just the Boston Celtics, it's other teams, like the Dallas Mavericks and Brooklyn Nets, who have reaped staggering returns after selling their stake.
For fans, such a market capitalization increase is really exciting. You see, the teams we support are not only doing well on the field, but also making such a big stroll in business. Some say it shows how successful the NBA works because they attract not only fans, but also investors. It's not just a competition, it's a business success.
There was talk online that if they had had the opportunity to buy stock in the Boston Celtics that year, they would have become millionaires by now. This increase in market capitalization is unexpected, but it also reflects the influence and market value of the NBA as a sport. Today's teams are not only representative of sports competition, but also an opportunity for business investment.
Of course, this added value is also a bit worrying. There are concerns that the team's new owner will focus solely on profits and ignore the long-term development of the team. After all, the return on investment is important, but what fans want to see is consistency and improved results. While the value of the team is growing, it is equally important to maintain the balance and continuity of the team's operations.
Netizens commented: "If I were the owner, I would definitely have to trade Tatum and Brown in exchange for 8 to 10 first-round picks, so that I could rebuild the team." Otherwise, it will only become more and more rubbish. ”
"Wait, aren't you crazy? Sold both Tatum and Brown? So where does the backbone of our offense come from? ”
"Don't be stupid, these two are not big stars now, what's the use of keeping them now? You don't have to have someone to win. ”
"If you're the boss, you wouldn't be so impulsive. Tatum is still young and has unlimited potential. Brown is also good, not a genius but stable. ”
"What's the use of being young, what we want now is victory, not nurturing the future. It's also a good idea to change a few first-round picks and pick a few more potential rookies. ”
"But have you thought about the stability of the team? Rookies have to be trained, not that they can be effective immediately if they are changed. ”
"Anyway, it's no fun now, and it's better to get a few signatures than to mess around like this."
"Listening to what you say, it's like you can become famous overnight with a few lots."
"That's not really, but you have to have a plan, and you can't keep it in a mess."
"The boss has to know how to balance, and he can't lose his current strength for the possibility of the future."
'I think it would be nice to have a couple of promising young players and a stable veteran.
"The question is, how many teams are willing to trade Tatum and Brown for so many first-round picks?"
"If it were me, I would definitely test the market first and see if I could have a better solution."
"If you look at the experience of other teams, some of them have really become big winners."
"Anyway, there's nothing to lose now, so if you want to gamble, you have to gamble."
"I'm afraid of taking a big gamble and ending up with nothing."
"In any case, this matter has to be carefully considered, and there is no rush."
"It still depends on the overall strategy of the team, not just the present."
The Boston Celtics are not just doing this to solidify their athletic prowess, but also to achieve greater commercial success. By renewing key players with high salaries and selling their shares in a timely manner, they have ensured the stability of the team in the short term and laid a solid foundation for future development. This business strategy is not only beneficial to the team itself, but also sets an example of commercial success for the NBA as a whole.
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