NBA Approves $6.1 Billion Sale of Boston Celtics
NBA Approves $6.1 Billion Sale of Boston Celtics

NBA Approves $6.1 Billion Sale of Boston Celtics

News summary

The Boston Celtics are poised for a major transition as the team is set to be sold to a group led by Bill Chisholm for a record $6.1 billion, pending approval from the NBA's Board of Governors this summer. Despite the change in ownership, President of Basketball Operations Brad Stevens indicated that the team will likely maintain its core players, Jayson Tatum and Jaylen Brown, as untouchable assets. NBA Commissioner Adam Silver commented on the sale's implications, stating that it will influence future league expansion discussions. Current team governor Wyc Grousbeck is expected to remain in his role for three more seasons, potentially easing the transition for the new ownership group. The Celtics' financial outlook is significant, with projections suggesting the team could have the highest payroll in NBA history next season. The sale and its aftermath are seen as pivotal moments not only for the Celtics but also for the broader NBA landscape, with expansion discussions becoming increasingly relevant.

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