The NBA has approved the sale of the Boston Celtics to a group led by Bill Chisholm, with a transaction value of $6.1 billion. Chisholm will acquire a minimum of 51% ownership initially, with full control scheduled by 2028, which can increase the overall valuation to $7.3 billion. This sale surpasses the previous record set by the NFL's Washington Commanders at $6.05 billion in 2023. The Celtics, under prior ownership led by Wyc Grousbeck, won NBA championships in 2008 and 2024, and Chisholm outbid other contenders for the franchise.
The NBA unanimously approved the sale of the Boston Celtics to a group led by Bill Chisholm, valuing the franchise at $6.1 billion, marking the highest ever paid for an American sports team.
Chisholm will own at least 51% of the team shortly, with full control anticipated by 2028, potentially raising the total value to $7.3 billion.
Wyc Grousbeck led the previous ownership group that bought the Celtics in 2002 for $360 million, overseeing two NBA championships.
Chisholm outbid at least two other groups in the acquisition process, one led by previous Celtics minority partner Steve Pagliuca.
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