Chisholm Becomes Celtics Majority Owner, Pledges Continuity
Chisholm Becomes Celtics Majority Owner, Pledges Continuity

Chisholm Becomes Celtics Majority Owner, Pledges Continuity

News summary

Bill Chisholm was formally introduced as the Boston Celtics' new majority owner after an investor-group purchase valuing the franchise at about $6.1 billion, with co-owner Aditya Mittal investing roughly $1 billion; he spoke at an Auerbach Center news conference flanked by Wyc Grousbeck, Mittal, Brad Stevens and Rich Gotham. Chisholm pledged continuity, saying he will not disrupt a front office that has built one of the NBA’s most successful franchises and emphasizing a collaborative, consensus leadership style while noting that as governor he is ultimately accountable and has final say. Grousbeck will remain involved as an alternate governor and adviser as Chisholm learns the role, and Stevens said he has been empowered to continue running basketball operations. A lifelong Celtics fan, Chisholm said he favors keeping home games at TD Garden for now but left open the possibility of exploring arena options and expressed interest in bringing a WNBA team to Boston. The new ownership group, including Mittal, presented a commitment to preserving the Celtics’ winning culture while gradually applying Chisholm’s leadership.

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