William Chisholm acquires Boston Celtics for $6.1 billion

Bill Chisholm has purchased the Boston Celtics for a record-breaking $6.1 billion, marking the highest sale price for a North American sports franchise. As a lifelong Celtics fan and co-founder of Symphony Technology Group, Chisholm's ownership raises mixed feelings among fans, with concerns about his private equity background and the potential focus on profit over team success. The Grousbeck family, who originally bought the team for $360 million in 2002, made a substantial profit from this sale. Alongside Chisholm, the new ownership group includes Robert Hale, Bruce Beal Jr., and Sixth Street, who will play a role in the team's future direction. Industry insiders had speculated that current minority owner Stephen Pagliuca was the favorite to purchase the team, indicating a competitive bidding process. The sale surpasses the previous record held by the NFL's Washington Commanders, which sold for $6.05 billion last year.