The Boston Celtics have received 18 championships (together with final season), making them essentially the most adorned staff in NBA historical past. Now, they’ve set one other file: They’re the costliest sale in sports activities — ever.
On Thursday, a number of retailers reported that Invoice Chisholm, managing accomplice at Symphony Expertise Group, will purchase the staff for $6.1 billion. The deal continues to be topic to approval and evaluation by the NBA Board of Governors.
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The earlier sports activities gross sales file was for the NFL’s Washington Commanders, which offered for $6.05 billion in 2023. Relating to the NBA particularly, that earlier file was the $4 billion sale of the Phoenix Suns (agreed to on the finish of 2022 however finalized in early 2023).
Chisholm stated in an announcement that he’s effectively conscious of the complicated and storied historical past of the staff and area. He’s a local of Massachusetts and a Dartmouth School graduate.
“Rising up on the North Shore and attending faculty in New England, I’ve been a die-hard Celtics fan my total life,” Chisholm stated in an announcement. “I perceive how necessary the Celtics are to town of Boston — the function the staff performs locally is totally different than every other metropolis within the nation. I additionally perceive that there’s a duty as a pacesetter of the group to the folks of Boston, and I’m up for this problem.”
Chisholm is estimated to be price round $10 billion, per Sportico, and has an “encyclopedic data” of the staff, a supply advised the Boston Globe.
Quick Firm notes that if the sale goes via, the Grousbeck household, the Celtics’ present majority house owners, will get round a 1,700% return on funding.
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