|Celtics owners invest in electric-car racing circuit||12.19.13 at 12:18 pm ET|
Celtics managing partner Wyc Grousbeck‘s Causeway Media Partners — a company formed by a group of parties with ownership stakes in the team — is investing $21 million in Formula E, a new electric-car racing circuit that is set to debut in September.
The Formula E series is scheduled to start with a race in Beijing and continue with 10 races around the world in a Fomula One-style championship.
“We aim to help make Formula E a worldwide sensation,” Grousbeck told The Associated Press. “With our upcoming races in the centers of Los Angeles and Miami, we will help showcase the power and promise of sustainable vehicle technology.”
Causeway Media Partners was formed in May to invest in sports media and entertainments properties. Formula E is its first venture.
“We know the power of competition and entertainment, and will bring our knowledge to the development of the market for electric vehicles,” Grousbeck said. “Causeway’s mission is to find investment opportunities that benefit from our deep network of NBA and NFL team owners, media executives and professional investors. Formula E is a perfect match.”
Grousbeck will serve on the board of Formula E Holdings, and he said he expects that the series will help bring technological advancements that will translate to consumer electric vehicles.
“The ultimate goal is to become a preferred channel for promoting and increasing electric vehicle sales to consumers,” Causeway Media Partners said in a release. “If this goal is achieved, the holding company that owns the sport should become highly profitable.”
|Donny Marshall on M&M: Celtics talking to Kings about trading Rajon Rondo for Isaiah Thomas, others||12.18.13 at 11:15 am ET|
Marshall turned heads earlier this week when he said Sacramento is a possible landing spot for Rondo, who has yet to play this season as he works his way back from a torn ACL suffered in January. According to Marshall, there is a multi-player deal in the works between the Celtics and Kings.
“This is actually something that the teams are talking about,” Marshall insisted. “The name that people would understand and would know is a guy like Isaiah Thomas. He’s a great little guard. He’s having career highs right now, he’s averaging about 18, 19 points a game. He’s a scorer. He’s a guy who can run the point for you, but he can also score. He’s one piece.
“I think the other piece, you throw in some other athletes — remember, they just made a trade, Sacramento, to get Rudy Gay, Aaron Gray. And they’ve had some other guys there that they’re trying to move. The key for them is two future first-round picks. If you’re to stay on that same theme that the Celtics have been on, to get young and to be good for a long time, how do you do that? You get them through the draft. ‘¦ I think here’s another opportunity to not only get a couple of good players now, young players, but you get two future first-round picks. To me, it makes total sense.”
Added Marshall: “Guys are always going to be talked about. In Rondo’s situation ‘¦ it makes sense. Do you want to be mediocre? Do you want to finish sixth this year? Not that anyone is going to try to tank — this team is playing terrific. ‘¦ I’m happy that they’re playing the way they’re playing. But for the fans and for that market, to be mediocre is not fun. ‘¦ That, I don’t think the Celtics deserve. The fans don’t deserve that, the players don’t deserve that. The way you get past that sooner than later is trying to move a guy like Rajon Rondo. And that’s not to be disrespectful to a player like Rondo.”
The Celtics also reportedly are pushing to acquire disgruntled Rockets center Omer Asik.
“You talk about Omer Asik, they want to now try to find a package to get him out of Houston. Brandon Bass is a name that they’re throwing in there. I don’t think Jeff Green will be a guy that you would want to [trade]; I think he’s untouchable, in my opinion. I think that’s one guy you can try to continue to build around, but there are some other pieces that will go.
“A complete dismantling? No. But I think Danny [Ainge] will do what he’s always done. He will think these things through. He will talk to all of his guys around him. The one thing that’s great about Danny is he always has people around him that are smarter than him. I love that theory. Because now you go to them and you trust them, and those people are doing their due diligence to make sure the team is going in the right direction.
“I don’t think they’ll dismantle, but I do think Danny will take some pieces that he can build around and and not completely be in the basement, but put himself in a position to be able to get — I think they can get some of those lottery picks. I really think they can get some of those game-changers in the next two drafts.”
|Nets’ Paul Pierce practices, says ‘good chance’ he’ll play Tuesday vs. Celtics||12.09.13 at 1:35 pm ET|
Nets swingman Paul Pierce, expected to be out 2-4 weeks when he broke the third metacarpal bone in his right hand 10 days ago, might return early and play in Tuesday’s game against the Celtics after practicing Monday, according to reports out of Brooklyn.
Pierce said there’s “a good chance” he’ll play vs. his former team after testing his injury.
Point guard Deron Williams, out since Nov. 20 with a sprained ankle, also practiced Monday.
The Nets are 6-14 and coming off a 90-82 victory over the Bucks, as they rebounded from a 30-point loss at home to the Knicks on Thursday.
The Celtics, meanwhile, have won three straight and are coming off a 41-point victory over the Knicks. Boston is in first place in the woeful Atlantic Division with a record of 10-12.
|Nets’ Paul Pierce out 2-4 weeks with broken hand, will miss game vs. Celtics||12.02.13 at 12:18 pm ET|
Nets swingman Paul Pierce is expected to miss 2-4 weeks with a non-displaced fracture of the third metacarpal of his right hand, the team announced Monday.
The injury is likely to force Pierce to miss next Tuesday’s game vs. the Celtics in Brooklyn.
Pierce was injured in the first half of Friday night’s 114-95 loss to the Rockets.
Pierce is averaging 12.4 points, 4.9 rebounds and 2.8 assists in 15 games this season, his first in Brooklyn following the offseason trade that also included Kevin Garnett and Jason Terry leaving Boston.
The Nets are 5-12 and ahead of only the Knicks in the Atlantic Division.
|Knicks reportedly purusing deal for Rajon Rondo, but Celtics not interested||11.18.13 at 7:24 am ET|
According to a report from Frank Isola in the New York Daily News, the Knicks have been trying to entice the Celtics with a package of players in a deal for point guard Rajon Rondo. The Knicks are said to be looking to move guards Iman Shumpert and Raymond Felton along with forward Amar’e Stoudemire. However, the report notes, the Celtics have yet to show much interest.
Isola also reported that Shumpert, who last week was rumored to be headed to the Nuggets for forward Kenneth Faried, had a second left knee operation over the summer — a procedure the Knicks did not make public. Isola reported in September that Stoudemire, who only played 29 games last season, also had knee surgery in the summer.
Broussard writes that the Celtics “have every intention of keeping Rondo and seeing if they can build around him.”
Shumpert, the 17th overall pick in the 2011 draft, is averaging 8.3 points and 5.2 rebounds in nine games this season. The 29-year-old Felton, who has been battling a hamstring problem, is averaging 11.1 points and 5.2 assists in nine games. The 31-year-old Stoudemire, playing just 10.5 minutes per game over six contests, averages 3.2 points.
|Report: Avery Bradley headed for restricted free agency after failing to finalize deal with Celtics||11.01.13 at 10:46 am ET|
Avery Bradley and the Celtics could not come an agreement on a contract extension by Thursday’s deadline for 2010 draftees on rookie contracts, meaning the guard will become a restricted free agent next offseason, according to a Boston Globe report.
The sides had been talking about a four-year deal but apparently could not put the pieces together. The Celtics still would be able to match any offer Bradley receives from another team.
The 22-year-old defensive standout continues to be inconsistent with his offense, evidenced by his 4-for-13 shooting in Wednesday’s season-opening loss to the Raptors. He also had as many turnovers as assists (4).
|Celtics need to rebound after opening loss to Raptors||10.31.13 at 9:20 am ET|
Brad Stevens had good reason to be optimistic following his team’s season-opening 93-87 loss to the Raptors in Toronto on Wednesday night, but the first-year Celtics coach also had plenty of reason for concern. Mainly, the C’s were dominated on the boards, getting outrebounded 48-33, including 19-7 on offensive boards.
“When they broke us down, they crushed us on the glass,” Stevens told reporters. “They shot 20 more field goals than us. It’s going to be hard to win a game when that happens.”
Added Brandon Bass: “We tried to help and got ourselves out of position. Their bigs were naked under the basket for the most part.”
Jeff Green scored 25 points, Bass netted 17 and Vitor Faverani added 13 points and three blocks for the C’s, who lost to Toronto for just the sixth time in 26 meetings. Kris Humphries had eight points and a team-high nine rebounds.
First-round draft pick Kelly Olynyk played 16 minutes off the bench and scored four points on 2-of-5 shooting. Olynyk, a Toronto native, was a minus-19, tied for worst on the team with Faverani. Guard Avery Bradley struggled with his shooting, hitting just 4-of-13 from the field, and recording as many turnovers as assists (4).
The Celtics rallied from a 16-point third-quarter deficit and were tied at 78 with 7:42 left after a Jordan Crawford jumper, but they didn’t score again until 4:08 remained.
“At the end of the day we didn’t do everything perfectly,” Stevens said. “I didn’t coach a perfect game, but I think we can all rest assured we’ve got a team that will fight and we’ve got a team that will compete. And we can shore up a couple of those mistakes, maybe we can come out the other end of it.”
Rudy Gay led the Raptors with 19 points and eight rebounds.
The Celtics next host the Bucks on Friday night.
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