The Boston Celtics have been sold to William Chisholm for a record $6.1 billion, the highest price for a sports team in North American history. This sale comes nearly two decades after the team was last sold for $360 million in 2002. The Grousbeck family, the current ownership group, decided to sell for estate planning purposes shortly after the Celtics clinched their 18th NBA title. The sale surpasses the previous NBA record by more than $2 billion, reflecting the soaring valuations of NBA franchises over recent years.
The Boston Celtics have been sold to William Chisholm for $6.1 billion, marking the highest sale price for any sports team in North America.
Since their last sale in 2002 for $360 million, the Celtics ownership group decided to sell the team following the recent victory of their 18th NBA title.
Valuations of NBA teams have surged dramatically, with the Celtics sale exceeding the previous NBA record by over $2 billion, showcasing the league's growing financial power.
The Celtics sale reflects a broader trend in sports franchise values, which have escalated significantly over the past decade, influenced by high-stakes purchases.
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