Boston Celtics sold to William Chisholm for $6.1 billion
Boston Celtics sold to William Chisholm for $6.1 billion
The Boston Celtics are being sold to William Chisholm for $6.1 billion.
www.cbsnews.com
Boston Celtics sold to William Chisholm for $6.1 billion
The Boston Celtics are being sold to William Chisholm for $6.1 billion.
www.cbsnews.com
Local News
Boston Celtics sold to William Chisholm for $6.1 billion
By Neal Riley
Updated on: March 20, 2025 / 11:11 AM EDT / CBS Boston
The Boston Celtics are being sold to William Chisholm for $6.1 billion, team ownership announced Thursday morning. The deal is pending NBA Board of Governors approval.
Chisholm is a co-founder and managing partner of Symphony Technology Group, a private equity firm. He previously worked for Boston-based Bain & Company. Chisholm is a native of Georgetown, Massachusetts, and a Dartmouth College graduate, The Boston Globe reported.
In a statement about the sale, Chisholm said he was a lifelong Celtics fan.
"Growing up on the North Shore and attending college in New England, I have been a die-hard Celtics fan my entire life," Chisholm said. "I understand how important the Celtics are to the city of Boston - the role the team plays in the community is different than any other city in the country. I also understand that there is a responsibility as a leader of the organization to the people of Boston, and I am up for this challenge."
ESPN's Shams Charania reports that the $6.1 billion deal becomes the largest sale for a sports franchise in North America. It surpasses the $6.05 billion sale of the Washington Commanders in 2023.
Wyc Grousbeck has been majority owner of the Celtics since buying the team in 2002 for $360 million. He called Chisholm "a true Celtics fan" and a "natural choice" to be the next controlling owner of the team.
