 being put up for sale, valued at more than $5 billion. In just the past year, three other NBA franchises in Phoenix, Charlotte, and Dallas were also sold, each for more than $3 billion, as deep-pocketed investors see teams as solid investments. Celtics general partner and co-owner Steve Pagliuca recently spoke with Bloomberg about why valuations of teams are so high and still climbing. In the fight for eyeballs between the new media