The Boston Celtics, one of the most legendary franchises in the NBA and American professional sports, have been sold for a record $6.1 billion, as confirmed by multiple official sources, including the organization itself and media outlets such as ESPN and The Boston Globe.
This sale not only sets a new standard for the NBA, but marks the largest transaction in U.S. professional sports history, surpassing the $6.05 billion paid by the Washington Commanders (NFL) in 2023.
Who bought them?
The buying group is led by William Chisholm, an entrepreneur and billionaire who made his fortune in the private equity sector.
Chisholm is co-founder and managing partner of Symphony Technology Group, a California-based firm focused on technology investments.
They are also part of the group:
Rob Hale, current investor of the Boston Celtics
Bruce Beal Jr., president of Related Companies, a major real estate developer
Chisholm, born and raised on the North Shore of Massachusetts, said in a statement:
I've been a die-hard Boston Celtics fan my entire life. I understand the importance the team holds for the city and its people
William Chisholm
What about the current management?
Although the sale of the Boston Celtics has been approved, the team’s current CEO, Wyc Grousbeck, will remain in the position until the end of the 2027-2028 season.
Grousbeck and his family acquired the Celtics in 2002 for $360 million.
In other words, in 23 years, the equipment increased in value by more than 1,600 %.
“Bill is a natural choice. He loves the team, knows the city and has an excellent relationship with the current management,” Grousbeck said in announcing the deal.
Franchise with historical weight
Buzzy
With 18 NBA championships, the Boston Celtics are tied with the Los Angeles Lakers as the winningest teams in league history.
His legacy goes beyond victories: he represents an essential part of Boston’s identity.
The sale confirms the continued and growing value of professional sports in the U.S., and also reflects the interest of large investors in assets with strong community roots and international projection.
The Latino community in Boston and throughout the United States maintains a close relationship with sports, especially with historic teams like the Celtics.
This sale could mean new opportunities for global expansion, community programs and increased investment in diversity and inclusion within the organization.
The sale of the Boston Celtics for $6.1 billion marks a before and after in U.S. sports history.
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