SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549


                                  FORM 10-Q


              QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d)
                   OF THE SECURITIES EXCHANGE ACT OF 1934


                    For the Quarter Ended March 31, 2002


                   _______________________________________



Commission           Registrant; State of Organization;         IRS Employer
 File No.               Address and Telephone Number         Identification No.
----------           ----------------------------------      ------------------

 1-14507             Boston Celtics Limited Partnership           04-3416346
                      (a Delaware limited partnership)
              151 Merrimac Street, Boston, Massachusetts 02114
                               (617) 523-6050

 1-9324             Boston Celtics Limited Partnership II         04-2936516
                      (a Delaware limited partnership)
              151 Merrimac Street, Boston, Massachusetts 02114
                               (617) 523-6050

Indicate by checkmark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months and (2) has been subject to such filing
requirements for the past 90 days.
                             Yes   X    No
                                 -----     -----

As of March 31, 2002, there were 2,703,664 Units outstanding of Boston
Celtics Limited Partnership, and 2,703,664 units representing limited
partnership interests outstanding of Boston Celtics Limited Partnership II.


<PAGE>


                       Part I - Financial Information

Item I - Financial Statements

                     BOSTON CELTICS LIMITED PARTNERSHIP
                              and Subsidiaries
                    Condensed Consolidated Balance Sheets

<TABLE>
<CAPTION>

                                                     March 31,         June 30,
                                                        2002             2001
                                                     ---------         --------
                                                    (Unaudited)


                                                 <c>              <c>
ASSETS
CURRENT ASSETS
  Cash and cash equivalents                         $  7,210,586     $  3,062,645
  Other short-term investments                        28,300,000       30,000,000
  Prepaid expenses and other current assets              252,300          100,336
                                                    -----------------------------
TOTAL CURRENT ASSETS                                  35,762,886       33,162,981

PROPERTY AND EQUIPMENT, net                                7,753            4,925
OTHER ASSETS                                             282,251          351,806
                                                    -----------------------------
                                                    $ 36,052,890     $ 33,519,712
                                                    =============================

LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)

CURRENT LIABILITIES
  Accounts payable and other current
   liabilities                                      $    188,984     $    398,079
  Accrued interest                                     2,496,589
  Federal and state income taxes payable               1,162,280        1,162,280
                                                    -----------------------------
TOTAL CURRENT LIABILITIES                              3,847,853        1,560,359

DEFERRED FEDERAL AND STATE INCOME TAXES                9,710,875        9,710,875
NOTES PAYABLE TO BANK - noncurrent portion            10,000,000       10,000,000
SUBORDINATED DEBENTURES                               34,529,329       34,210,381
INVESTMENT IN CAPITAL DEFICIENCY OF CELTICS
 BASKETBALL HOLDINGS, L.P.                            25,842,071       29,111,174

PARTNERS' CAPITAL (DEFICIT)
  Boston Celtics Limited Partnership -
    General Partner                                      151,221          121,546
    Limited Partners                                 (47,987,301)     (50,925,113)
                                                    -----------------------------
                                                     (47,836,080)     (50,803,567)

  Boston Celtics Limited Partnership II -
   General Partner                                      (264,091)        (307,387)
  Celtics Limited Partnership - General Partner          302,987          270,227
  Other comprehensive loss                               (80,054)        (232,350)
                                                    -----------------------------
TOTAL PARTNERS' CAPITAL (DEFICIT)                    (47,877,238)     (51,073,077)
                                                    -----------------------------
                                                    $ 36,052,890     $ 33,519,712
                                                    =============================
</TABLE>

See notes to condensed consolidated financial statements.


<PAGE>  1


                     BOSTON CELTICS LIMITED PARTNERSHIP
                              and Subsidiaries
               Condensed Consolidated Statements of Operations
                                  Unaudited

<TABLE>
<CAPTION>

                                            Nine Months Ended              Three Months Ended
                                       ---------------------------     ---------------------------
                                        March 31,       March 31,       March 31,       March 31,
                                          2002            2001            2002            2001
                                        ---------       ---------       ---------       ---------


                                    <c>             <c>             <c>             <c>
Equity in net income of Celtics
 Basketball Holdings, L.P.             $ 8,100,287     $ 3,241,455     $ 6,112,343     $ 2,950,942

Costs and expenses:
  General and administrative             2,361,219       4,477,607         576,686         693,167
  Depreciation and amortization             61,384          52,178          20,462          20,356
                                       -----------------------------------------------------------
                                         2,422,603       4,529,785         597,148         713,523
                                       -----------------------------------------------------------
                                         5,677,684      (1,288,330)      5,515,195       2,237,419

Interest expense                        (3,311,662)     (5,070,683)     (1,101,494)     (1,105,654)
Interest income                            725,732       3,496,540         172,333         581,145
                                       -----------------------------------------------------------
Income (loss) before income taxes        3,091,754      (2,862,473)      4,586,034       1,712,910
Provision for income taxes                                 300,000
                                       -----------------------------------------------------------
Net income (loss)                        3,091,754      (3,162,473)      4,586,034       1,712,910
Net income (loss) applicable to
 interests of General Partners             153,942         (24,672)        154,067          63,554
                                       -----------------------------------------------------------
Net income (loss) applicable to
 interests of Limited Partners         $ 2,937,812     $(3,137,801)    $ 4,431,967     $ 1,649,356
                                       ===========================================================

Net income (loss) per unit             $      1.09     $     (1.16)    $      1.64     $      0.61

Weighted average units outstanding       2,703,664       2,703,664       2,703,664       2,703,664
</TABLE>

See notes to condensed consolidated financial statements.


<PAGE>  2


                     BOSTON CELTICS LIMITED PARTNERSHIP
                              and Subsidiaries
               Condensed Consolidated Statements of Cash Flows
                                  Unaudited

<TABLE>
<CAPTION>

                                                                  Nine Months Ended
                                                          ---------------------------------
                                                            March 31,          March 31,
                                                               2002               2001
                                                            ---------          ---------


                                                       <c>                <c>
CASH FLOWS USED IN OPERATING ACTIVITIES
  General and administrative expenses                     $  (2,580,540)     $  (5,162,471)
  Interest expense                                             (557,375)        (2,248,514)
  Interest income                                               797,541          3,940,181
  Income taxes paid                                                                (15,070)
                                                          --------------------------------
NET CASH FLOWS USED IN OPERATING ACTIVITIES                  (2,340,374)        (3,485,874)

CASH FLOWS FROM INVESTING ACTIVITIES
  Purchases of short-term investments                      (290,400,000)      (402,240,000)
  Proceeds from sales of short-term investments             292,100,000        451,540,000
  Other receipts (expenditures)                                   5,342            (55,128)
                                                          --------------------------------
NET CASH FLOWS FROM INVESTING ACTIVITIES                      1,705,342         49,244,872

CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES
  Payment of bank borrowings                                                   (50,000,000)
  Cash distribution from Celtics Basketball Holdings, L.P.    4,831,184          3,864,947
  Cash distribution by Celtics Limited Partnership to
   Boston Celtics Corporation (General Partner's share)         (48,211)           (38,449)
  Cash distribution by Boston Celtics Limited
   Partnership II to BCLP II GP, Inc. (General
   Partner's share)                                                                 (9,417)
  Cash distribution by Boston Celtics Communications
   Limited Partnership to Celtics Communications, Inc.
   (General Partner's share)                                                        (5,000)
                                                          --------------------------------
NET CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES            4,782,973        (46,187,919)
                                                          --------------------------------

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS          4,147,941           (428,921)
Cash and cash equivalents at beginning of period              3,062,645          3,393,509
                                                          --------------------------------
CASH AND CASH EQUIVALENTS AT END OF PERIOD                $   7,210,586      $   2,964,588
                                                          ================================

NON-CASH INVESTING AND FINANCING ACTIVITIES:
  Accrued distribution by Boston Celtics Limited
   Partnership II to BCLP II GP, Inc.                                        $     361,882
</TABLE>

See notes to condensed consolidated financial statements.


<PAGE>  3


                     BOSTON CELTICS LIMITED PARTNERSHIP
                              and Subsidiaries
            Notes to Condensed Consolidated Financial Statements


Note 1 - The condensed consolidated financial statements include the
accounts of Boston Celtics Limited Partnership ("BCLP," the "Partnership")
and its majority-owned and controlled subsidiaries and partnerships.

BCLP is a Delaware limited partnership that was formed on April 13, 1998 in
connection with a reorganization of Boston Celtics Limited Partnership II
("BCLP II").  Pursuant to the reorganization of BCLP II (the
"Reorganization"), which was completed on June 30, 1998, BCLP owns a 99%
limited partnership interest in BCLP II.  In addition, BCLP, through its
subsidiaries, holds certain investments, including a 48.3123% limited
partnership investment in Celtics Basketball Holdings, L.P., ("Celtics
Basketball Holdings") which, through Celtics Basketball, L.P. ("Celtics
Basketball"), its 99.999% subsidiary partnership, owns and operates the
Boston Celtics professional basketball team (the "Boston Celtics") of the
National Basketball Association (the "NBA").  BCLP's investment in Celtics
Basketball Holdings is accounted for on the equity method, and accordingly,
the investment is carried at cost, increased by equity in the earnings of
Celtics Basketball Holdings and reduced by distributions received.

Note 2 - The unaudited interim condensed consolidated financial statements
have been prepared in accordance with generally accepted accounting
principles for interim financial statements and with instructions to Form 10-
Q and Article 10 of Regulation S-X.  Accordingly, they do not include all of
the information and footnotes required by generally accepted accounting
principles for complete financial statements.  In the opinion of management,
all adjustments (consisting of normal recurring accruals) necessary for a
fair presentation have been included therein.  Operating results for interim
periods are not indicative of the results that may be expected for the full
year.  Such financial statements should be read in conjunction with the
consolidated financial statements and footnotes thereto of Boston Celtics
Limited Partnership and Subsidiaries included in the annual report on Form
10-K for the year ended June 30, 2001 and the Forms 10-Q for the three months
ended September 30, 2001 and December 31, 2001.

Note 3 - The components of comprehensive income (loss) are as follows:

<TABLE>
<CAPTION>

                                              Nine Months Ended             Three Months Ended
                                         ---------------------------     ------------------------
                                         March 31,       March 31,       March 31,      March 31,
                                            2002           2001             2002           2001
                                         ---------       ---------       ---------      ---------


                                      <c>            <c>              <c>            <c>
Net income (loss)                        $3,091,754     $(3,162,473)     $4,586,034     $1,712,910
Unrealized gain on interest rate cap
 agreement                                  152,296                         112,252
                                         ---------------------------------------------------------
Total comprehensive income (loss)        $3,244,050     $(3,162,473)     $4,698,286     $1,712,910
                                         =========================================================
</TABLE>

Note 4 - BCLP, through its subsidiary partnerships and corporations, owns a
48.3123% limited partnership interest in Celtics Basketball Holdings.
Celtics Basketball Holdings, through Celtics Basketball, owns and operates
the Boston Celtics.  BCLP's investment in Celtics Basketball Holdings is
accounted for on the equity method.  Summary statement of operations data
for Celtics Basketball Holdings for the nine and three months ended March
31, 2002 and 2001 is as follows:

<TABLE>
<CAPTION>

                                          Nine Months Ended                  Three Months Ended
                                   ------------------------------      ------------------------------
                                     March 31,         March 31,         March 31,         March 31,
                                       2002              2001              2002              2001
                                     ---------         ---------         ---------         ---------


                                <c>               <c>               <c>               <c>
Total revenues                     $ 79,176,000      $ 71,176,000      $ 48,195,000      $ 41,497,000
Total costs and expenses            (60,058,000)      (62,332,000)      (34,769,000)      (34,681,000)
Interest income (expense), net       (2,351,000)       (2,135,000)         (774,000)         (708,000)
                                   ------------------------------------------------------------------
Net income                         $ 16,767,000      $  6,709,000      $ 12,652,000      $  6,108,000
                                   ==================================================================
</TABLE>


<PAGE>  4


                     BOSTON CELTICS LIMITED PARTNERSHIP
                              and Subsidiaries
      Notes to Condensed Consolidated Financial Statements (continued)


Note 5 - On October 31, 2000, in order to achieve certain efficiencies,
BCLP II distributed to BCLP all of the outstanding capital stock of BCCLP
Holding Corporation ("BCCLP Holdings"), and BCLP assumed all of BCLP II's
liability for borrowings under its revolving credit agreement aggregating
$50,000,000.  In December 2000, BCLP repaid the $50,000,000 of borrowings
under the revolving credit agreement that were assumed from BCLP II. In
connection with this distribution, BCLP II issued a note payable to BCLP II
GP, Inc., its general partner, in the amount of $361,882, representing its
1% share of the fair value of the distribution.  The note accrued interest
at 7% annually, and was paid in full on June 26, 2001.

Note 6 -  In July and August 1998, four separate class action complaints (the
"Complaints") were filed by Unitholders in the Court of Chancery of the State
of Delaware in and for New Castle County against BCLP II, Celtics, Inc., Paul
E. Gaston, Don F. Gaston, Paula B. Gaston, John H.M. Leithead and John B.
Marsh III, each a director or former director of Celtics, Inc.  The named
plaintiffs, each of whom purported to bring their individual actions on
behalf of themselves and others similarly situated, are Kenneth L. Rilander,
Harbor Finance Partners, Maryann Kelly and Kathleen Kruse Perry.  Each of the
Complaints alleges, among other things, that the Reorganization was unfair to
former BCLP II Unitholders, and seeks to recover an unspecified amount of
damages, including attorneys' and experts' fees and expenses.  The
Partnership filed a Motion to Dismiss the complaint filed by Mr. Rilander on
July 29, 1998, and discovery in that case has been stayed by agreement of the
parties.  The Complaints have been consolidated.  On August 6, 1999, the
Court of Chancery issued an opinion granting in part, and denying in part,
the Partnership's Motion to Dismiss, and on September 3, 1999, the plaintiffs
filed an amended consolidated Complaint.  On October 1, 1999, the Partnership
filed an answer to the Complaint.

Although the ultimate outcome of the Complaint cannot be determined at this
time, management of the Partnership does not believe that the outcome of
these proceedings will have a material adverse effect on the Partnership's
financial position or results of operations.


<PAGE>  5


                    BOSTON CELTICS LIMITED PARTNERSHIP II
                              and Subsidiaries
                    Condensed Consolidated Balance Sheets

<TABLE>
<CAPTION>

                                                      March 31,         June 30,
                                                         2002             2001
                                                      ---------         --------
                                                     (Unaudited)


                                                  <c>              <c>
                     ASSETS
CURRENT ASSETS
  Cash and cash equivalents                          $  4,875,564     $    839,962
  Prepaid expenses and other current assets                75,008           22,636
                                                     -----------------------------
TOTAL CURRENT ASSETS                                    4,950,572          862,598

PROPERTY AND EQUIPMENT, net                                 2,503            4,925
OTHER ASSETS                                               70,130          112,208
                                                     -----------------------------
                                                     $  5,023,205     $    979,731
                                                     =============================

  LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)
CURRENT LIABILITIES
  Accounts payable and other current liabilities     $     97,622     $    315,051
  Accrued interest                                      2,496,589
  Interest payable to related party                       199,752
  Federal and state income taxes payable                  513,201          513,201
                                                     -----------------------------
TOTAL CURRENT LIABILITIES                               3,307,164          828,252

DEFERRED FEDERAL AND STATE INCOME TAXES                 6,812,105        6,812,105
NOTES PAYABLE TO BANK - noncurrent portion             10,000,000       10,000,000
NOTE PAYABLE TO RELATED PARTY                           3,000,000        3,000,000
DUE TO RELATED PARTY                                    4,800,000        4,800,000
SUBORDINATED DEBENTURES                                34,529,329       34,210,381
INVESTMENT IN CAPITAL DEFICIENCY OF CELTICS
 BASKETBALL HOLDINGS, L.P.                             25,842,071       29,111,174

PARTNERS' CAPITAL (DEFICIT)
  Boston Celtics Limited Partnership II -
    General Partner                                      (264,091)        (307,387)
    Limited Partners                                  (83,227,346)     (87,513,679)
                                                     -----------------------------
                                                      (83,491,437)     (87,821,066)
  Celtics Limited Partnership - General Partner           302,987          270,227
  Celtics Pride GP - General Partner                        1,040            1,008
  Other comprehensive loss                                (80,054)        (232,350)
                                                     -----------------------------
TOTAL PARTNERS' CAPITAL (DEFICIT)                     (83,267,464)     (87,782,181)
                                                     -----------------------------
                                                     $  5,023,205     $    979,731
                                                     =============================
</TABLE>

See notes to condensed consolidated financial statements.


<PAGE>  6


                    BOSTON CELTICS LIMITED PARTNERSHIP II
                              and Subsidiaries
               Condensed Consolidated Statements of Operations
                                  Unaudited

<TABLE>
<CAPTION>

                                            Nine Months Ended              Three Months Ended
                                       ---------------------------     ---------------------------
                                        March 31,       March 31,       March 31,       March 31,
                                          2002            2001            2002            2001
                                        ---------       ---------       ---------       ---------


                                    <c>             <c>             <c>             <c>
Equity in net income of Celtics
 Basketball Holdings, L.P.             $ 8,100,287     $ 3,241,455     $ 6,112,343     $ 2,950,942

Costs and expenses:
  General and administrative               173,776       2,645,550          64,729          90,947
  Amortization                              51,078          44,815          17,026          16,866
                                       -----------------------------------------------------------
                                           224,854       2,690,365          81,755         107,813
                                       -----------------------------------------------------------
                                         7,875,433         551,090       6,030,588       2,843,129

Interest expense                        (3,508,537)     (4,598,461)     (1,167,119)     (1,105,654)
Interest income                             43,784       2,084,027          17,023          10,627
                                       -----------------------------------------------------------
Income (loss) before income taxes        4,410,680      (1,963,344)      4,880,492       1,748,102
Provision for income taxes                                 300,000
                                       -----------------------------------------------------------
Net income (loss)                        4,410,680      (2,263,344)      4,880,492       1,748,102
Net income applicable to interests
 of General Partners                       124,347           7,063         109,361          46,923
                                       -----------------------------------------------------------
Net income (loss) applicable to
 interests of Limited Partners         $ 4,286,333     $(2,270,407)    $ 4,771,131     $ 1,701,179
                                       ===========================================================
</TABLE>

See notes to condensed consolidated financial statements.


<PAGE>  7


                    BOSTON CELTICS LIMITED PARTNERSHIP II
                              and Subsidiaries
               Condensed Consolidated Statements of Cash Flows
                                  Unaudited

<TABLE>
<CAPTION>

                                                                        Nine Months Ended
                                                                 -------------------------------
                                                                  March 31,         March 31,
                                                                     2002              2001
                                                                  ---------         ---------


                                                              <c>              <c>
CASH FLOWS USED IN OPERATING ACTIVITIES
  General and administrative expenses                            $  (233,732)     $  (3,749,045)
  Interest expense                                                  (557,375)        (1,776,292)
  Interest income                                                     43,784          2,098,665
  Income taxes paid                                                                    (562,000)
                                                                 ------------------------------
NET CASH FLOWS USED IN OPERATING ACTIVITIES                         (747,323)        (3,988,672)

CASH FLOWS FROM INVESTING ACTIVITIES
  Purchases of short-term investments                                              (232,840,000)
  Proceeds from sales of short-term investments                                     233,940,000
  Other receipts (expenditures)                                                         (11,878)
                                                                 ------------------------------
NET CASH FLOWS FROM INVESTING ACTIVITIES                                  --          1,088,122

CASH FLOWS FROM FINANCING ACTIVITIES
  Distribution by Boston Celtics Limited Partnership II to
   Boston Celtics Limited Partnership of investment in
   BCCLP Holding Corporation                                                         (3,550,980)
  Cash distribution by Boston Celtics Limited Partnership II
   to Boston Celtics Limited Partnership                                                (52,645)
  Cash distribution from Celtics Basketball Holdings, L.P.         4,831,184          3,864,947
  Cash distribution by Celtics Limited Partnership to Boston
   Celtics Corporation (General Partner's share)                     (48,211)           (38,449)
  Cash distribution by Boston Celtics Limited
   Partnership II to BCLP II GP, Inc. (General
   Partner's share)                                                                      (9,417)
  Cash distribution by Boston Celtics Communications
   Limited Partnership to Celtics Communications, Inc.
   (General Partner's share)                                                             (5,000)
  Cash distribution by Celtics Pride GP to Celtics
   Capital Corporation (General Partner's share)                         (48)
                                                                 ------------------------------
NET CASH FLOWS FROM FINANCING ACTIVITIES                           4,782,925            208,456
                                                                 ------------------------------

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS               4,035,602         (2,692,094)
Cash and cash equivalents at beginning of period                     839,962          3,389,400
                                                                 ------------------------------
CASH AND CASH EQUIVALENTS AT END OF PERIOD                       $ 4,875,564      $     697,306
                                                                 ==============================

NON-CASH INVESTING AND FINANCING ACTIVITIES:
  Distribution by Boston Celtics Limited Partnership II
   to Boston Celtics Limited Partnership of investment in
   BCCLP Holding Corporation, net of note payable to bank                         $  34,078,155
  Accrued distribution by Boston Celtics Limited
   Partnership II to BCLP II GP, Inc.                                             $     361,882
</TABLE>

See notes to condensed consolidated financial statements.


<PAGE>  8


                    BOSTON CELTICS LIMITED PARTNERSHIP II
                              and Subsidiaries
            Notes to Condensed Consolidated Financial Statements

Note 1 - The condensed consolidated financial statements include the
accounts of Boston Celtics Limited Partnership II ("BCLP II," the
"Partnership") and its majority-owned and controlled subsidiaries and
partnerships.  All intercompany transactions are eliminated in
consolidation.

Pursuant to a reorganization of its partnership structure that was completed
on June 30, 1998 (the "Reorganization"), the Partnership's name was changed
to Boston Celtics Limited Partnership II.  As a result of the Reorganization,
the Partnership's 99% limited partnership interest is owned by Boston Celtics
Limited Partnership (a Delaware limited partnership) ("BCLP").

Prior to the Reorganization, BCLP II, through its subsidiaries, owned and
operated the Boston Celtics professional basketball team (the "Boston
Celtics") of the National Basketball Association (the "NBA") and held
investments.  The Boston Celtics were owned by Celtics Limited Partnership
("CLP"), in which BCLP II has a 99% limited partnership interest.

Upon completion of the Reorganization, the Boston Celtics are owned and
operated by Celtics Basketball, L.P. ("Celtics Basketball"), a 99.999%
subsidiary of Celtics Basketball Holdings, L.P. ("Celtics Basketball
Holdings").  BCLP II, through its subsidiaries, holds certain investments,
including a 48.3123% limited partnership investment in Celtics Basketball
Holdings.  Accordingly, BCLP II's interest in the accounts and operations of
the Boston Celtics is reflected in its investment in Celtics Basketball
Holdings, which is accounted for on the equity method.  Accordingly, the
investment is carried at cost, increased by equity in the earnings of
Celtics Basketball Holdings and reduced by distributions received.

Note 2 - The unaudited interim condensed consolidated financial statements
have been prepared in accordance with generally accepted accounting
principles for interim financial statements and with instructions to Form 10-
Q and Article 10 of Regulation S-X.  Accordingly, they do not include all of
the information and footnotes required by generally accepted accounting
principles for complete financial statements.  In the opinion of management,
all adjustments (consisting of normal recurring accruals) necessary for a
fair presentation have been included therein.  Operating results for interim
periods are not indicative of the results that may be expected for the full
year.  Such financial statements should be read in conjunction with the
consolidated financial statements and footnotes thereto of BCLP II and
Subsidiaries included in the annual report on Form 10-K for the year ended
June 30, 2001 and the Forms 10-Q for the three months ended September 30,
2001 and December 31, 2001.

Note 3 - The components of comprehensive income (loss) are as follows:

<TABLE>
<CAPTION>

                                          Nine Months Ended           Three Months Ended
                                     --------------------------    ------------------------
                                     March 31,       March 31,     March 31,      March 31,
                                       2002            2001          2002           2001
                                     ---------       ----------    ---------     ----------


                                  <c>           <c>             <c>           <c>
Net income (loss)                    $4,410,680    $(2,263,344)    $4,880,492    $1,748,102
Unrealized gain on interest
 rate cap agreement                     152,296                       112,252
                                     ------------------------------------------------------
Total comprehensive income (loss)    $4,562,976    $(2,263,344)    $4,992,744    $1,748,102
                                     ======================================================
</TABLE>


<PAGE>  9


                    BOSTON CELTICS LIMITED PARTNERSHIP II
                              and Subsidiaries
      Notes to Condensed Consolidated Financial Statements (continued)


Note 4 - BCLP II, through its subsidiary partnerships and corporations,
owns a 48.3123% limited partnership interest in Celtics Basketball
Holdings.  Celtics Basketball Holdings, through Celtics Basketball, owns
and operates the Boston Celtics.  BCLP II's investment in Celtics
Basketball Holdings is accounted for on the equity method.  Summary
statement of operations data for Celtics Basketball Holdings for the nine
and three months ended March 31, 2002 and 2001 is as follows:

<TABLE>
<CAPTION>

                                       Nine Months Ended               Three Months Ended
                                  ---------------------------     ---------------------------
                                    March 31,       March 31,       March 31,       March 31,
                                      2002            2001            2002            2001
                                    ---------       ---------       ---------       ---------


                               <c>             <c>             <c>             <c>
Total revenues                    $79,176,000     $71,176,000     $48,195,000     $41,497,000
Total costs and expenses          (60,058,000)    (62,332,000)    (34,769,000)    (34,681,000)
Interest income (expense), net     (2,351,000)     (2,135,000)       (774,000)       (708,000)
                                  -----------------------------------------------------------
Net income                        $16,767,000     $ 6,709,000     $12,652,000     $ 6,108,000
                                  ===========================================================
</TABLE>

Note 5 - On October 31, 2000, in order to achieve certain efficiencies,
BCLP II distributed to BCLP all of the outstanding capital stock of BCCLP
Holding Corporation ("BCCLP Holdings"), and BCLP assumed all of BCLP II's
liability for borrowings under its revolving credit agreement aggregating
$50,000,000.  The net assets of BCCLP Holdings at the date of distribution
amounted to $87,629,000 and included, among other things, cash of
$3,551,000, short-term investments of $82,000,000, an amount receivable
from Celtics Investments Inc., a wholly owned subsidiary of BCLP II, of
$4,800,000, and deferred tax liabilities of $2,899,000.  In connection with
this distribution, BCLP II issued a note payable to BCLP II GP, Inc., its
general partner, in the amount of $361,882, representing its 1% share of
the fair value of the distribution.  The note accrued interest at 7%
annually, and was paid in full on June 26, 2001.

Note 6 -  In July and August 1998, four separate class action complaints (the
"Complaints") were filed by Unitholders in the Court of Chancery of the State
of Delaware in and for New Castle County against BCLP II, Celtics, Inc., Paul
E. Gaston, Don F. Gaston, Paula B. Gaston, John H.M. Leithead and John B.
Marsh III, each a director or former director of Celtics, Inc.  The named
plaintiffs, each of whom purported to bring their individual actions on
behalf of themselves and others similarly situated, are Kenneth L. Rilander,
Harbor Finance Partners, Maryann Kelly and Kathleen Kruse Perry.  Each of the
Complaints alleges, among other things, that the Reorganization was unfair to
former BCLP II Unitholders, and seeks to recover an unspecified amount of
damages, including attorneys' and experts' fees and expenses.  The
Partnership filed a Motion to Dismiss the complaint filed by Mr. Rilander on
July 29, 1998, and discovery in that case has been stayed by agreement of the
parties.  The Complaints have been consolidated.  On August 6, 1999, the
Court of Chancery issued an opinion granting in part, and denying in part,
the Partnership's Motion to Dismiss, and on September 3, 1999, the plaintiffs
filed an amended consolidated Complaint.  On October 1, 1999, the Partnership
filed an answer to the Complaint.

Although the ultimate outcome of the Complaint cannot be determined at this
time, management of the Partnership does not believe that the outcome of
these proceedings will have a material adverse effect on the Partnership's
financial position or results of operations.


<PAGE>  10


                     BOSTON CELTICS LIMITED PARTNERSHIP
                    BOSTON CELTICS LIMITED PARTNERSHIP II
                              and Subsidiaries

ITEM 2 - Management's Discussion and Analysis of Financial
Condition and Results of Operations


Forward Looking Statements

Certain statements and information included herein are "forward-looking
statements" within the meaning of the federal Private Securities Litigation
Reform Act of 1995, including statements relating to prospective game,
broadcast and other revenues, expenses (including player and other team
costs), capital expenditures, tax burdens, earnings and distributions, and
expectations, intentions and strategies regarding the future.  Such
forward-looking statements involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of BCLP or BCLP II to be materially different from any future
results, performance or achievements expressed or implied by such forward-
looking statements.  Factors that could cause BCLP's or BCLP II's financial
condition, results of operations, liquidity or capital resources to differ
materially include the competitive success of the Boston Celtics, the
extent to which the Boston Celtics advance in the NBA Playoffs,
uncertainties as to increases in players' salaries and team expenses,
uncertainties relating to the impact of the escrow system as provided for
in the collective bargaining agreement between the NBA and the NBA Players
Association, the Boston Celtics' ability to attract and retain talented
players, the risk of injuries to key players, uncertainties regarding media
contracts, the performance of certain investments by subsidiaries of the
Partnership and the extent to which the Partnership's subsidiaries
generate, and are able to distribute, operating cash flow.

General

BCLP accounts for its indirect investment in the accounts and operations of
the Boston Celtics using the equity method and, accordingly, its equity in
the net income (loss) of the Boston Celtics is reported on a single line
item in its Condensed Consolidated Statements of Operations.  Following is
a general description of certain matters related to the operations of the
Boston Celtics.

The Boston Celtics derive revenues principally from the sale of tickets to
home games and the licensing of television, cable network and radio rights.
The most significant expenses of the Boston Celtics are player and coaching
salaries.  A large portion of the Boston Celtics' annual revenues and
operating expenses is determinable at the commencement of each basketball
season based on season ticket sales and the Boston Celtics' multi-year
contracts with its players, coaches and broadcast organizations.

On January 22, 2002, the NBA Board of Governors approved a six-year
agreement to license the national broadcast of NBA games, beginning in the
2002-03 season.  Each of the NBA member teams share equally in these license
fees. Under the terms of the agreement, management anticipates that the
Boston Celtics' national television and cable revenues will decrease by
approximately $4,975,000 in the 2002-03 season.  Based on BCLP's 48.3%
indirect interest in the operations of the Boston Celtics, BCLP's equity in
the net income of the Boston Celtics is expected to decrease by
approximately $2,400,000 as a result of this agreement.

The operations and financial results of the Boston Celtics are seasonal.
On a cash flow basis, the Boston Celtics receive a substantial portion of
their receipts from the advance sale of season tickets during the months of
June through October, prior to the commencement of the NBA regular season.
Cash receipts from playoff ticket sales are received in March of any year
for which the team qualifies for league playoffs.  Most of the Boston
Celtics' operating expenses are incurred and paid during the regular
season, which normally extends from late October or early November through
late April.

For financial reporting purposes the Boston Celtics recognize revenues and
expenses on a game-by-game basis.  Because the NBA regular season normally
begins in late October or early November, the first fiscal quarter, which
ends on September 30, generally includes limited or no revenue and reflects
a net loss attributable to general and administrative expenses and selling
and promotional expenses incurred in the quarter.  Based on the standard
NBA game schedule, the Boston Celtics historically recognize approximately
one-third of its annual regular season revenue in the second fiscal
quarter, approximately one-half of such revenue in the third fiscal quarter
and the remainder in the fourth fiscal quarter, and recognize its playoff
revenue, if any, in the fourth fiscal quarter.


<PAGE>  11


Accordingly, BCLP's and BCLP II's equity in the net income (loss) of
Celtics Basketball Holdings, which indirectly owns and operates the Boston
Celtics, will generally result in a loss in its first fiscal quarter,
income in its second and third fiscal quarters and a loss in its fourth
fiscal quarter unless there is significant income from playoff revenues.


Results of Operations

The following discussion compares the operating results of BCLP and its
subsidiaries for the nine and three months ended March 31, 2002 with the
nine and three months ended March 31, 2001.

Equity in net income of Celtics Basketball Holdings, L.P. represents BCLP's
48.3% interest in the net income of the entity that indirectly owns and
operates the Boston Celtics.  The Boston Celtics recognize revenues and
expenses on a game-by-game basis, and the NBA regular season normally
begins in late October or early November.  As a result, Celtics Basketball
Holdings' first fiscal quarter, which ends on September 30, generally
includes limited or no revenue and reflects a net loss attributable to
general and administrative expenses and selling and promotional expenses
incurred in the quarter.  BCLP's equity in the net income of Celtics
Basketball Holdings amounted to $8,100,000 and $6,112,000 in the nine and
three months ended March 31, 2002, respectively, as compared to income of
$3,241,000 and $2,951,000 in the nine and three months ended March 31,
2001, respectively.  The increases in the nine and three months ended March
31, 2002 are primarily a result of increased television revenues and
decreased team expenses, including the anticipated impact of proceeds from
the escrow system as provided for in the collective bargaining agreement
between the NBA and the NBA Players Association.

BCLP's general and administrative expenses of $2,361,000 in the nine months
ended March 31, 2002 decreased by $2,117,000 compared to $4,478,000 in the
nine months ended March 31, 2001, and general and administrative expenses of
$577,000 in the three months ended March 31, 2002 decreased by $116,000
compared to $693,000 in the three months ended March 31, 2001.  The decreases
were primarily attributable to the provision for certain non-recurring
expenses in the nine months ended March 31, 2001, including professional
expenses ($1,333,000) associated with, among other things, BCLP II's
distribution of its investment in BCCLP Holding Corporation ("BCCLP
Holdings") and $50,000,000 of borrowings under its revolving credit agreement
(see "Liquidity and Capital Resources" below) and the payment of a non-
recurring sales tax at one of BCLP's subsidiary partnerships ($325,000).
Additionally, the decreases in BCLP's general and administrative expenses
were attributable to decreased personnel expenses.

BCLP II's general and administrative expenses of $174,000 in the nine months
ended March 31, 2002 decreased by $2,472,000 compared to $2,646,000 in the
nine months ended March 31, 2001, and general and administrative expenses of
$65,000 in the three months ended March 31, 2002 decreased by $26,000
compared to $91,000 in the three months ended March 31, 2001.  BCLP II's
general and administrative expenses in the nine months ended March 31, 2001
included $2,058,000 related to BCCLP Holdings and Celtics Capital Corporation
("CCC").  As more fully described in "Liquidity and Capital Resources" below,
effective October 31, 2000, BCLP II distributed to BCLP all of the
outstanding capital stock of BCCLP Holdings, and, as a result, the results of
operations of BCCLP Holdings and CCC are currently not consolidated with
those of BCLP II.  In addition, the decrease in BCLP II's general and
administrative expenses was attributable to the provision for the non-
recurring sales tax in the nine months ended March 31, 2001 as described in
the preceding paragraph.

Interest expense of $3,312,000 in the nine months ended March 31, 2002
decreased by $1,759,000 compared to $5,071,000 in the nine months ended March
31, 2001, and interest expense of $1,101,000 in the three months ended March
31, 2002 decreased by $5,000 compared to $1,106,000 in the three months ended
March 31, 2001.  The decrease in the nine months ended March 31, 2002 is
primarily attributable to a decrease in borrowings under BCLP's revolving
credit agreement with its commercial bank.  As more fully described in
"Liquidity and Capital Resources" below, $50,000,000 of borrowings under
BCLP's revolving credit agreement was repaid in December 2000.

BCLP's interest income of $726,000 in the nine months ended March 31, 2002
decreased by $2,771,000 compared to $3,497,000 in the nine months ended March
31, 2001, and interest income of $172,000 in the three months ended March 31,
2002 decreased by $409,000 compared to $581,000 in the three months ended
March 31, 2001.  The decreases in the nine and three months ended March 31,
2002 are primarily attributable to a decrease in invested balances, combined
with lower interest rates on investments.  As more fully described in
"Liquidity and Capital Resources" below, $50,000,000 of short-term
investments were liquidated in December 2000 to repay borrowings under BCLP's
revolving credit agreement.


<PAGE>  12


BCLP's interest income in the nine and three months ended March 31, 2002
included $682,000 and $155,000, respectively, related to BCCLP Holdings and
CCC, which, effective October 31, 2000, are not consolidated with BCLP II.
BCLP's interest income in the nine and three months ended March 31, 2001
included $1,413,000 and $570,000, respectively, related to BCCLP Holdings and
CCC for the periods subsequent to October 31, 2000.

BCLP's provision for income taxes relates to BCLP's subsidiary corporations.
Effective November 1, 2000, certain of BCLP's subsidiary corporations began
filing tax returns consolidated with those of BCLP.  As a result, income
earned by BCLP's subsidiary corporations subsequent to November 1, 2000 is
offset by losses of BCLP.


Liquidity and Capital Resources

BCLP used approximately $2,340,000 in cash flows from operating activities in
the nine months ended March 31, 2002. At March 31, 2002, the Partnership had
approximately $7,211,000 of available cash and $28,300,000 of other short-
term investments.  In addition to these amounts, sources of funds available
to the Partnership include funds generated by operations and distributions
from Celtics Basketball Holdings, which through a subsidiary owns and
operates the Boston Celtics.  These resources may be used to repay
commercial bank borrowings and for general partnership purposes, working
capital needs or for possible investments and/or acquisitions.

On May 20, 1998, BCLP II entered into a $60,000,000 revolving credit
agreement with its commercial bank.  Interest on advances under the
revolving credit agreement accrues at BCLP II's option of either LIBOR plus
0.70% or the greater of the bank's Base Rate or the Federal Funds Effective
Rate plus 0.50%.  The revolving credit agreement is secured by a pledge of
certain short-term investments of CCC, an indirect subsidiary of BCLP.
BCLP II borrowed $30,000,000 under the revolving credit agreement in fiscal
1998, and borrowed an additional $22,500,000 in fiscal 1999 and $7,500,000
in fiscal 2000.  As a result, at June 30, 2000, $60,000,000 was outstanding
under the revolving credit agreement.

On October 31, 2000, in order to achieve certain efficiencies, BCLP II
distributed to BCLP all of the outstanding capital stock of BCCLP Holdings,
and BCLP assumed all of BCLP II's liability for borrowings under its
revolving credit agreement aggregating $50,000,000.  As a result, effective
October 31, 2000, BCCLP Holdings is a direct subsidiary of BCLP.  In December
2000, BCCLP Holdings, through CCC, liquidated $50,000,000 of short-term
investments and distributed the proceeds to BCLP.  BCLP used those proceeds
to repay the $50,000,000 of borrowings under the revolving credit agreement
that were assumed from BCLP II.  In connection with this distribution, BCLP
II issued a note payable to BCLP II GP, Inc., its general partner, in the
amount of $361,882, representing its 1% share of the fair value of the
distribution.  The note accrued interest at 7% annually, and was paid in
full on June 26, 2001.

As a result, borrowings under the revolving credit agreement amounted to
$10,000,000 at March 31, 2002.  On May 10, 2001, the revolving credit
agreement was amended to reduce the amount of borrowings available under
the Agreement to $10,000,000.  The agreement expires on June 30, 2003.
Management anticipates that amounts advanced under the revolving credit
agreement will be repaid by BCLP II out of cash flows, principally
distributions from Celtics Basketball Holdings.

In November 2000, in order to fix the interest rate on the borrowings under
the revolving credit agreement, BCLP II entered into an interest rate cap
agreement with a notional amount of $10,000,000, expiring in May 2002.  The
interest rate cap agreement provides for the payment of interest at a fixed
interest rate of 6.65%.  The interest rate differential is recognized as an
adjustment to interest expense.

BCLP II has outstanding 6% subordinated debentures due on June 30, 2038.
The subordinated debentures were recorded at $12.20 per debenture, the fair
market value at date of issue, or $32,984,700.  The original issue discount
of $21,088,580 is being amortized over the 40-year life of the debentures
using the interest method and, accordingly, the subordinated debentures are
carried on the balance sheet at $34,529,329 at March 31, 2002.  The
subordinated debentures bear interest at the rate of 6% per annum, payable
annually on June 30, and mature on June 30, 2038 at an aggregate principal
amount of $54,073,280.  There are no mandatory redemption or sinking fund
requirements with respect to the subordinated debentures.

In the nine months ended March 31, 2002, BCLP and its subsidiaries received
distributions from Celtics Basketball Holdings aggregating $4,831,000.
Future distributions from Celtics Basketball Holdings will be determined by
Boston Celtics Corporation, the general partner of Celtics Basketball
Holdings, in its sole discretion subject to applicable credit agreements and
based, among other things, on available resources and the needs of Celtics
Basketball Holdings and


<PAGE>  13


Celtics Basketball, the ability of Celtics Basketball Holdings and Celtics
Basketball to generate sufficient operating cash flow, and the funds
available after debt service payments related to Celtics Basketball's
revolving credit agreement with its commercial bank.

No cash distributions to unitholders of BCLP were declared or paid during the
quarters ended March 31, 2002 and 2001. Future distributions will be
determined by BCLP GP, Inc., the general partner of BCLP, in its sole
discretion based, among other things, on available resources and the needs of
BCLP, the ability of BCLP's subsidiaries to generate sufficient operating
cash flow, and the funds available after debt service payments related to the
revolving credit agreement with its commercial bank and the subordinated
debentures.

Management believes that BCLP's cash, cash equivalents and other short-term
investments together with cash from operating activities and distributions
from Celtics Basketball Holdings will provide adequate cash for BCLP and its
subsidiaries to meet their cash requirements through March 31, 2003.

ITEM 3 - Quantitative and Qualitative Disclosures About Market Risk

At March 31, 2002, BCLP had invested approximately $28,300,000 in loan
participations issued by a commercial bank with maturities of less than
ninety days.  Due to their short maturities and applicable transfer
restrictions, management believes that the loan participations are not
exposed to market risk.  Management further believes that the partnership
has no other assets that are subject to significant market risk.

In November 2000, in order to fix the interest rate on the borrowings under
the revolving credit agreement, BCLP II entered into an interest rate cap
agreement.  See "Liquidity and Capital Resources."  As a result, fluctuations
in interest rates will have no effect on interest expense, or on the earnings
or cash flows of BCLP II.  A hypothetical 10% increase in interest rates
would not materially affect the fair value of the interest rate cap
agreement.


<PAGE>  14


                         Part II - Other Information



ITEM 6 - Exhibits and Reports on Form 8-K

      (a) Exhibits -
            None.

      (b) Reports on Form 8-K -
            None.


<PAGE>  15


                                  SIGNATURE


      Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrants have duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.



                                      BOSTON CELTICS LIMITED PARTNERSHIP
                                      ----------------------------------
                                                 (Registrant)

                                      By: BCLP GP, Inc., its General Partner



Dated:  April 26, 2002                By: /s/ Richard G. Pond
                                          ---------------------------------
                                          Richard G. Pond
                                          Executive Vice President
                                           Chief Financial Officer
                                           and Chief Operating Officer



Dated:  April 26, 2002                BOSTON CELTICS LIMITED PARTNERSHIP II
                                      -------------------------------------
                                                  (Registrant)

                                      By: BCLP II GP, Inc., its General Partner


                                      By: /s/ Richard G. Pond
                                          ---------------------------------
                                          Richard G. Pond
                                          Executive Vice President
                                           Chief Financial Officer
                                           and Chief Operating Officer


<PAGE>  16