The Boston Celtics are one of the most iconic franchises in the NBA, having won a record 18 championships. They are the reigning NBA champions as well, and it was just weeks after that triumph that the Grousbeck family shockingly announced their intention to sell the team.
Boston Basketball Partners LLC, led by Wyc Grousbeck along with Steve Pagliuca and Robert Epstein, purchased the Celtics for $360 million in 2002. They now wished to relinquish ownership and were expected to get a record price for the franchise, and that is exactly what has happened: NBA insider Shams Charania reports that Bill Chisholm has agreed to buy the Celtics for $6.1 billion.
“Bill Chisholm, managing partner at Symphony Technology Group, has agreed to purchase the Boston Celtics from the Grousbeck family for a valuation for $6.1 billion, sources tell ESPN. This now is the largest sale for a sports franchise in North America,” he wrote.
BREAKING: Bill Chisholm, managing partner at Symphony Technology Group, has agreed to purchase the Boston Celtics from the Grousbeck family for a valuation for $6.1 billion, sources tell ESPN. This now is the largest sale for a sports franchise in North America. pic.twitter.com/iPphqSQswe
— Shams Charania (@ShamsCharania) March 20, 2025
The most expensive sale of an NBA team prior to this was when Mat Ishbia purchased the Phoenix Suns for $4 billion in 2022. This sale safely shatters that mark.
The Grousbeck family had intended to sell 51% of the team in 2025 with the full sale being completed in 2028. Celtics fans would be hoping that their new ownership is able to bring some success the way this one has.
Winslow Townson-Imagn Images
The Celtics won two titles under this ownership in 2008 and 2024. The team has its eyes set on winning back-to-back titles and is in a good position to accomplish that goal.