NBA approves sale of Celtics to private equity mogul Bill Chisholm for record $6.1 billion
Briefly

The NBA has approved the sale of the Boston Celtics to a group led by Bill Chisholm, resulting in a valuation of over $6.1 billion. This is the largest sale price for an American professional sports franchise. Chisholm will initially own 51% of the team, gaining full control by 2028, with the total value potentially reaching $7.3 billion. The previous record was set by the Washington Commanders at $6.05 billion, while the highest NBA sale was the Phoenix Suns for $4 billion. The Celtics have 18 championships, the most in NBA history.
The NBA approved the sale of the Boston Celtics to a group led by Bill Chisholm, valuing the franchise at more than $6.1 billion, the highest ever for an American professional sports team.
Bill Chisholm will initially own at least 51% of the team, with full control expected by 2028, bringing the total value of the franchise to potentially $7.3 billion.
The previous record for a U.S. sports franchise sale was the $6.05 billion paid for the NFL's Washington Commanders in 2023.
The Celtics have a historic franchise with 18 NBA titles, the most in league history, and were previously owned by Wyc Grousbeck, who bought the team for $360 million in 2002.
Read at Boston.com
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