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00:00But if we go by the New York Times, Pag's owned somewhere between 8 and 12% of the Celtics already.
00:06So, could he and somebody else put together the group to be able to buy the first 51%?
00:15I mean, basically, Pag's wouldn't have to sell his.
00:19He would get to keep what he already has and then just ends up adding to it.
00:24It does sound like Wick Grosbeck at least has a general idea as to how he wants this to go down.
00:30Because originally when we heard 2028, we were like, come on, he's not going to be around that long.
00:36However, if you're going to sell 51% and think you're going to close on that pretty quick for you, I think it's the other way.
00:44I think that is the inside bag job.
00:47That's where Pagliuca, to me, ends up having a real advantage.
00:53Because he's already got some, let me buy more to get the controlling stake of it.
00:58And then you guys go ahead and sell the rest and do your thing and figure it out, whatever.
01:03You'd still have to work with him in that instance.
01:05Now, there's also somebody walks in the door and says, hey Wick, here's five and a half billion for the whole thing.
01:17What are you going to do?
01:18Well, to me, see, I do think after hearing all of them, there's more that we're going to play for you.
01:27I don't think Pag's is staying involved.
01:31So you, hold on.
01:33Do you think for a guy like Steve Pagliuca, it is, he either gets the controlling interest of the Celtics and becomes the majority owner or he taps out, takes the money and runs?
01:44I think he's going to tap out.
01:46Interesting.
01:46He's going to tap out.
01:47And I'll tell you why.
01:49Is when we play the next clip that gets into a little bit deeper about the type of person that we kind of joked about last week that would buy a team and why they would buy a team, right?
02:00What, what billionaires that have a lot of money that have accomplished a lot.
02:04They want trinkets.
02:05They want assets.
02:05They want the shiny car.
02:07They want like this, they want to go at the auction and buy the, buy the painting.
02:11Why?
02:12Because they can.
02:13It's like a, it's like a toy to them.
02:15And it's not, and it looks like it's not a profitable endeavor.
02:20Like you don't buy an NBA team now and think that you're going to make many off of it.
02:25What you're, what you're buying is you hope an ascending asset based on future revenue, television growth, things like that.
02:35You're banking almost as much on the industry as a whole, growing the overall pot versus individually.
02:43Your team just being able to kind of go through the Zenith and blow through the roof of earnings and stuff like that.