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Key Takeaways
- The Boston Celtics basketball workforce has been offered to a gaggle led by personal fairness veteran William Chisholm.
- The sale, which is able to see Chisholm purchase a majority stake this summer season, values the franchise at $6.1 billion.
- The value is a brand new file for a U.S. sports activities workforce, surpassing the $6.05 billion worth on the sale of the Washington Commanders in 2023.
The Boston Celtics basketball workforce has been offered for a U.S. sports activities file $6.1 billion to a gaggle led by William Chisholm, co-founder of personal fairness agency Synchrony Know-how Group.
Pending approval from the Nationwide Basketball Affiliation's different workforce governors, Chisholm's group will purchase a majority stake within the workforce this summer season, in line with a launch Thursday. The workforce's present governor, Wyc Grousbeck, will stay in his position via the 2027-2028 NBA season, serving as a companion to Chisholm.
A gaggle together with Grousbeck's household purchased the workforce in 2002 for $360 million, and mentioned final 12 months they deliberate to promote a majority stake within the workforce shortly after the workforce gained final season's NBA Finals.
The sale of the Celtics units a brand new file for a U.S. sports activities workforce, surpassing the $6.05 billion worth on the sale of the Washington Commanders in 2023.
