澳洲幸运5官方开奖结果体彩网

Boston Celtics Sold for $6.1 Billion, a US Sports Team Record

By
澳洲幸运5官方开奖结果体彩网:Aaron McDade
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Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like the war in Ukraine for respected outlets like Business Insider and Newsweek.
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Published March 20, 2025
12:25 PM EDT
The Boston Celtics logo is seen on the hardwood floor of TD Garden.

Winslow Townson / Getty Images

Key Takeaways

  • The Boston Celtics basketball team has been sold to a group led by private equity veteran William Chisholm.
  • The sale, which will see Chisholm acquire a majority stake this summer, values the franchise at $6.1 billion.
  • The price is a new record for a U.S. sports team, surpassing the $6.05 billion value on the sale of the Washington Commanders in 2023.

The Boston Celtics basketball team has been sold for a U.S. sports record $6.1 billion to a group led by William Chisholm, co-founder of private equity firm Synchrony Technology Group.

Pending approval from the National Basketball Association's other team governors, Chisholm's group will acquire a majority stake in the team this summer, according to a release Thursday. The team's current governor, Wyc Grousbeck, will remain in his role through the 2027-2028 NBA season, serving as a partner to Chisholm.

A group including Grousbeck's family bought the team in 2002 for $360 million, and said last year they planned to sell a majority stake in the team shortly after the team won last season's NBA Finals.

The sale of the Celtics sets a new record for a U.S. sports team, surpassing the $6.05 billion value on the sale of the Washington Commanders in 2023.

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  1. Synchrony Technology Group. "."

  2. BusinessWire. "."

  3. ESPN. "."

  4. ESPN. "."

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