Boston Celtics sale is done. Bill Chisholm takes over as owner of NBA’s most-decorated franchise
- On Tuesday, ownership of the Boston Celtics officially transferred to Bill Chisholm, a private equity investor, who now leads the NBA’s most successful franchise.
- The team was put on the market last summer after winning its record 18th NBA championship, leading to Chisholm winning the bidding in March.
- Chisholm secured ownership of the franchise with a bid exceeding $6.1 billion, setting a new record for an American sports team, a deal that received unanimous approval from the NBA last week.
- On Tuesday, Chisholm completed the purchase of a controlling stake of at least 51% in the team, with plans to acquire full ownership by 2028; the deal could value the franchise at as much as $7.3 billion.
- This sale marks a significant ownership transition after Wyc Grousbeck led a group that acquired the Celtics in 2002 and guided them to two NBA titles and 20 playoff appearances in 23 seasons.
79 Articles
79 Articles
With The Sale Of The Boston Celtics Finally Complete, The Pressure Is Now On New Owner Bill Chisholm To Deliver Banner 19 And Beyond
Boston Globe. Getty Images.Last week, we learned that the Board of Governors had "approved" the $6.1B sale of the Boston Celtics to Bill Chisholm and his investment group, and now that all the T's ar...


Celtics ownership officially changes hands
Bill Chisholm finalizes a deal to take control of the team from Wyc Grousbec.
Boston Celtics officially change hands to new owner Chisholm
BOSTON, Mass. (WLNE) — The sale of the Boston Celtics to a group led by Bill Chisholm has been finalized. The sale cost more than $6.1 billion. The finalization was just confirmed in a press released from the C’s. The NBA approved the deal unanimously last week. Chisholm takes ownership of at least 51-percent of the team, with full control coming by 2028. In a statement, Chisholm says quote, “We are committed to building on the legacy of the Cel…
Coverage Details
Bias Distribution
- 51% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium