The Boston Celtics Have a New Owner. The Drive to Add More NBA Championships Won’t Change

The Boston Celtics have a new owner. The drive to add more NBA championships won’t change

“Coming in second is not the objective, and it’s not acceptable,” private equity mogul Bill Chisholm said Tuesday after taking control of the team from Wyc Grousbeck.

NIP Group Co-CEO Becomes a Co-Owner of the Boston Celtics

Mario Ho, the co-CEO of NIP Group (NASDAQ: NIPG), has invested in the NBA team Boston Celtics, becoming a co-owner and a board member of the team. Ho is also the son of Hong Kong and Macau billionaire businessman Stanley Ho. On Aug. 19, the Boston Celtics announced that an investor group led by William Chisholm had completed the acquisition of majority control in the team. Ho is the only Chinese name in the investor group, alongside Aditya Mitta…

Celtics' new owner: 'We’re playing for championships and banners'

NBAE The Boston Celtics introduced their new ownership structure Tuesday, with majority owner and governor William Chisholm outlining his vision for the franchise alongside alternate governor Wyc Grousbeck. Chisholm led the group that purchased the team from the Grousbeck family in a deal valued at $6.1 billion. He acknowledged the need to trim salary to avoid the second apron but said that won’t change the organization’s overall goals. “We’re n…

Chisholm, Grousbeck Plan To Keep Celtics In Title Contention

After the Celtics announced their new ownership structure on Tuesday, majority owner and team governor William Chisholm and alternate governor Wyc Grousbeck talked to Adam Himmelsbach of The Boston Globe about their plans for the future. Chisholm, who headed up the group that purchased the franchise from the Grousbeck family at a valuation of $6.1 billion, said he understands the immediate need to cut costs to escape the second apron and get con…