The Boston Celtics have been sold to a group led by private equity executive Bill Chisholm for a record-breaking $6.1 billion. This surpasses the previous U.S. sports team sale record of $6.05 billion for the Washington Commanders in 2023. The new ownership group includes Sixth Street, contributing over $1 billion, along with Boston-area businessman Rob Hale and Bruce Beal Jr. from Related Companies. The sale, if approved, will be completed this summer. Current majority owner Wyc Grousbeck will remain as CEO and governor until the 2027-28 season. The Celtics’ valuation could potentially reach $7.3 billion by 2028, depending on the NBA’s performance. In February, the franchise was valued at $5.5 billion, with the Golden State Warriors topping the list at $9.4 billion. The Celtics, with 18 championships, hold the second-best record in the Eastern Conference this season.
Source: www.cnbc.com















