Boston Celtics to Be Sold for Record $6.1 Billion Pending NBA Approval
The reigning NBA champions are set to change ownership in the most expensive franchise sale in U.S. sports history, with Wyc Grousbeck staying as CEO for three years.
- An investor group led by Massachusetts native Bill Chisholm has agreed to purchase the Boston Celtics for $6.1 billion.
- The sale, if finalized, will surpass the $6.05 billion record set in 2023 for the Washington Commanders NFL team.
- NBA Board of Governors approval is required, with the process expected to conclude by summer 2025.
- The Grousbeck family, who bought the team in 2002 for $360 million, will see a significant return on their investment.
- Wyc Grousbeck will remain as CEO under the new ownership for the next three years, maintaining continuity for the franchise.