Bill Chisholm agrees record $6.1B purchase of Boston Celtics
Bill Chisholm agrees record $6.1B purchase of Boston Celtics

Bill Chisholm agrees record $6.1B purchase of Boston Celtics

News summary

Bill Chisholm, co-founder of Symphony Technology Group, has agreed to purchase the Boston Celtics from the Grousbeck family for a record $6.1 billion, marking the largest sale of a sports franchise in North American history. This deal surpasses the previous record set by the sale of the Washington Commanders for $6.05 billion. Chisholm, a lifelong Celtics fan and Massachusetts native, will lead a consortium that includes current co-owner Robert Hale and Bruce Beal Jr. of Related Companies, while Wyc Grousbeck is expected to remain as team governor through the 2027-28 season. The Celtics, who recently won their 18th championship and are currently strong contenders in the Eastern Conference, face challenges with a projected record payroll and luxury tax obligations. The sale is pending review by the NBA Board of Governors and is expected to be finalized by late June or early July.

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