Bill Chisholm Finalizes $6.1B Boston Celtics Purchase

Bill Chisholm, a private equity mogul and lifelong Boston Celtics fan, has officially acquired the NBA's most decorated franchise for a record $6.1 billion, the highest price ever paid for a North American sports team. The NBA Board of Governors unanimously approved the sale, with Chisholm assuming majority ownership and full control by 2028, potentially increasing the franchise's valuation to $7.3 billion. Chisholm expressed his commitment to building on the Celtics' legacy and winning more championships, aiming to match or exceed the two titles won under previous owner Wyc Grousbeck, who remains involved as alternate governor and CEO through 2028. The current basketball and business operations leadership, including Brad Stevens and Rich Gotham, will continue running the team, maintaining continuity amid the ownership transition. Chisholm leads an investor group including notable figures such as Aditya Mittal, CEO of ArcelorMittal, signaling a strong commitment to both the Celtics and the Boston community. The acquisition marks a significant milestone for the franchise while preserving its storied tradition and competitive ambitions.