Mangurian Finds Buyer for Celtics

July 1983

The next owner of the Celtics, barring any last-minute snags, will be Boston businessman Steve Belkin. Belkin already has the stamp of approval from current owner Harry Mangurian, who announced his plans to sell the team at a May 24 press conference at Boston Garden. "The sale is almost finished," Mangurian said last night from Fort Lauderdale, Fla. "Unless something unexpected comes up, the team will be sold within the next few days. We just have some minor details to work out."

The sale price is reportedly in the $12 million-to-$15 million range. Belkin spent the past five days conferring with Mangurian in Fort Lauderdale, and he must have made a good impression. "I think he'll be a perfect owner for the club," said Mangurian. "I was really impressed with him. He has substantial money, enough to own the team. He told me he's a longtime Celtics fan who really has been interested in the team."