Boston Celtics Sold for Record $6.1 Billion to Investor Group

William Chisholm leads the historic purchase, with Wyc Grousbeck staying as CEO and governor through 2028.

The $6.1 billion sale of the Boston Celtics sets a new record for the most expensive North American sports franchise transaction, surpassing the $6.05 billion sale of the Washington Commanders in 2023.
The deal involves a two-stage structure, with 51% of the team sold now and the remaining shares to be sold in 2028, pending NBA Board of Governors approval expected by summer 2025.
Wyc Grousbeck, who has led the Celtics since 2002, will remain as CEO and governor through the 2027-28 season to ensure a smooth transition.
The new ownership group, led by Massachusetts native and private equity executive William Chisholm, includes current Celtics investor Rob Hale, Bruce Beal Jr., and private equity firm Sixth Street.
The sale highlights the increasing role of private equity in sports and is expected to influence future NBA expansion fees, potentially setting a benchmark of $5 billion or more.