The Boston Celtics have officially changed hands in a historic $6.1 billion deal, marking the largest sports franchise sale ever in North America. The 18-time NBA champions were purchased by Bill Chisholm, managing partner at Symphony Technology Group, in a blockbuster transaction that eclipses previous records.
Chisholm’s winning bid surpasses the $6.05 billion purchase of the Washington Commanders by Josh Harris in 2023. This record-breaking sale cements the Celtics’ status as one of the most valuable and iconic teams in professional sports.
The sale follows Boston’s dominant 2024 NBA Finals victory over the Dallas Mavericks. Shortly after securing the championship, longtime owner Wyc Grousbeck announced plans to sell his controlling 51% stake in the team for estate and family planning reasons. While this portion of the sale is set to finalize by late 2024 or early 2025, the remaining stake is expected to close in 2028.
With this monumental deal, the Celtics continue to set the standard… not just on the court, but in the business world as well. What’s next for Boston under new ownership? Fans will be watching closely as the franchise enters a new era.
