Archive · 14 Aug 2025
NBA Approves Record $6.1 Billion Celtics Sale
The Boston Celtics, a very successful basketball team, is being sold for a lot of money!
The NBA has said it's okay.
A group led by Bill Chisholm is buying the team for $6.1 billion, and it could even go up to $7.3 billion later.
The previous owner, Wyc Grousbeck, will stay involved for a few more years.
The Celtics have won more championships than any other NBA team, making this a big deal in the sports world.
The NBA approved the sale of the Boston Celtics to a group led by Bill Chisholm.
The sale price is a record $6.1 billion, potentially rising to $7.3 billion.
Bill Chisholm will gain full control in 2028, while Wyc Grousbeck remains involved.
The Celtics have won a record 18 NBA championships, with the most recent in 2024.
The deal was agreed upon five months prior and is expected to close shortly.
- Who
- The NBA approved the sale to a group led by Bill Chisholm.
- What
- The NBA approved the sale of the Boston Celtics.
- When
- The deal was agreed upon five months prior and approved recently.
- Where
- N/A
- Why
- The sale reflects the significant value of professional sports franchises.
- Sale Price
- $6.1 billion
- Potential Valuation
- $7.3 billion
- Buyer
- Bill Chisholm
- Previous Owner
- Wyc Grousbeck
- Celtics Titles
- 18
- Closing Date
- Shortly
Sources
NBA Greenlights Historic $6.1 Billion Boston Celtics' Sale, Finalises Record-Breaking Buyout
NBA approves sale of Boston Celtics to a Bill Chisholm-led investment group
NBA Board Of Governors Approves Sale Of Jayson Tatum's Boston Celtics For $6.1 Billion i.e. ₹53,358 Crore
