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The Impact of the Boston Celtics on the Local Economy

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Submitted By liuxujing
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AF 603/2010 Fall Term Paper
<THE IMPACT OF THE BOSTON CELTICS ON THE LOCAL ECONOMY>
Xujing Liu

THE IMPACT OF THE BOSTON CELTICS ON LOCAL ECONOMY
Background
The Boston Celtics are a National Basketball Association (NBA) team based in Boston, Massachusetts. The team is founded in 1946, and is currently under the ownership of Boston Basketball Partners LLC. The arena of Boston Celtics is TD Banknorth Garden, where they play their home games. The Boston Celtics has a long and rich history. It was initially formed in 1946, and was at that time owned by Walter A. Brown as a team in the Basketball Association of America (BAA), and became part of the National Basketball Association (NBA) after the merger of the BAA and the National Basketball League in the fall of 1949. (1) In 1950, the Celtics became the first franchise to draft an African American player, signing Chuck Cooper. (2) It has been quite a struggle for the Celtics in their early years, until Red Auerbach (3) was hired to be the coach of the team, who had coached in the military during WW II. In 1964, Auerbach made the Celtics the first team to have an all African American starting lineup. The Boston Celtics of the mid-1950s-60’s are widely considered one of the most dominant teams of all time. According to the official statistics on Basketball Reference website, the Celtics have won 17 NBA Championships, more than any other franchise in the league.(4) When it comes to hanging Championship Banners, the Celtics are absolutely the first to hold the best reputation. No organization has won more titles than Boston Celtics’ 17-time World Championships. Moreover, the Celtics also has 36 Major Award Winners. Bob Ryan once said, “Other teams have histories; Boston alone has a mystique.” (5) The Celtics tradition of winning championships has stood the test of time.

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