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4w ago

NBA Approves Celtics Sale to Bill Chisholm; Blazers Deal Awaits Approval

The Celtics deal grants Chisholm’s consortium a 51 percent stake immediately with full control by 2028 under approved terms.

Tom Dundon, el empresario multimillonario y nuevo dueño de los Portland Trail Blazers de la NBA.
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Overview

  • NBA owners unanimously approved on August 13 the sale of the Boston Celtics to Bill Chisholm’s group for $6.1 billion.
  • Under the agreement, Chisholm’s consortium will assume a 51 percent stake now and complete its acquisition by 2028, potentially valuing the franchise at $7.3 billion.
  • Tom Dundon’s investor group reached a tentative $4 billion agreement to buy the Portland Trail Blazers and has pledged to keep the team in Portland.
  • The Trail Blazers sale remains subject to NBA Board of Governors approval before it can be finalized in the coming months.
  • Surging franchise valuations are setting new benchmarks in U.S. sports as private-equity and tech investors partner with local backers on arena investments and city commitments.