Boston Celtics
Bought For $6.1 Billion
… North American Report
Printed
The Boston Celtics are off the market … the 18-time NBA champions have been scooped up for a whopping $6.1 billion — making it the most important sale for a sports activities franchise in North American historical past.
Invoice Chisholm — the managing associate at Symphony Expertise Group — was the person to submit the profitable bid for the 2024 NBA champs. The $6.1 billion price ticket surpasses the quantity beforehand set by Josh Harris when he bought the Washington Commanders in 2023 for $6.05 billion.
The Celtics hit the market not lengthy after they defeated the Dallas Mavericks within the 2024 NBA Finals. Their present proprietor — 63-year-old Wyc Grousbeck — introduced plans to promote his stake for “estate and family planning considerations.” Grousbeck meant to promote 51% of the staff by late 2024 or early 2025, with the remaining closing in 2028.
He’s anticipated to stay on as staff governor till 2028. The Grousbeck bought the Cs again in 2002 for $360 million.
Chisholm — a Dartmouth graduate — grew up 40 minutes exterior of Beantown … and is alleged to be a longtime fan of the squad.
Neither the Celtics or Chishom have commented on the sale.
