Bill Chisholm Takes Control of Boston Celtics in $6.1B Sale
Bill Chisholm Takes Control of Boston Celtics in $6.1B Sale

Bill Chisholm Takes Control of Boston Celtics in $6.1B Sale

News summary

The Boston Celtics have undergone a major ownership change, with Bill Chisholm officially acquiring the team for a record $6.1 billion, the highest price ever paid for a U.S. professional sports franchise. Chisholm, a lifelong Celtics fan and private equity executive, now serves as the majority owner and team governor, while longtime owner Wyc Grousbeck transitions to CEO and alternate governor, maintaining a significant role in day-to-day operations. This ownership restructuring was partly driven by NBA rules requiring the governor to hold at least a 15 percent stake, which Grousbeck no longer meets. Despite this change in leadership, the Celtics remain focused on championship contention, though the team faces challenges with All-Star Jayson Tatum sidelined for the entire 2025-26 season due to an Achilles injury. Concurrently, the Celtics have been actively shedding salary by trading key players like Kristaps Porzingis and Jrue Holiday and may still consider trading guard Anfernee Simons to manage their cap space. The new investment group, including global firm Sixth Street, aims to build on the Celtics' legacy and return the team to championship form.

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