$6.1B Deal Rocks the NBA — Celtics Have a New Owner!

The Boston Celtics are on the brink of a historic ownership transition. William Chisholm and his investment group are poised to finalize a $6.1 billion purchase of the franchise within the next two weeks, pending approval from the NBA’s Board of Governors.Reuters

This transaction, first announced in March, would eclipse all others as the most expensive sale of a North American sports team to date.Reuters

Chisholm—co-founder and managing partner of STG Partners, and a lifelong Celtics fan from Massachusetts—is expected to become the team’s governor after the 2027–28 season. Until then, Wyc Grousbeck will remain in the role.Reuters

The previous ownership group, Boston Basketball Partners LLC, acquired the team for just $360 million in 2002. This new deal, coordinated by BDT & MSD Partners and JPMorgan Chase, dramatically reflects the accelerating value of elite sports franchises.Reuters