Boston Celtics Bought for Document-Breaking $6.1 Billion as William Chisholm Takes Over—Who Is He?

After the Boston Celtics bought their 18th NBA championship, the Boston Basketball Partners L.L.C. have determined to promote its complete staff shares. This attracted the curiosity of William Chisholm, who later acquired it for a staggering $6.1 billion.

By far, it is the biggest sum ever paid for a North American sporting franchise. It even surpassed the $4 billion acquisition of the Phoenix Suns in 2022.

William Chisholm Heads New Celtics Ownership

Chisholm, managing accomplice and co-founder of California non-public fairness agency Symphony Technology Group, is the brand new Celtics proprietor. According to the Boston Herald, Chisholm is a lifelong Celtics fan who grew up on Boston’s North Shore. He spoke of his love for the staff and dedication to the Boston group.

“Growing up on the North Shore and attending college in New England, I have been a die-hard Celtics fan my entire life,” the brand new Celtics proprietor stated.

“I understand how important the Celtics are to the city of Boston – the role the team plays in the community is different than any other city in the country,” he added.

Celtics Ranked Among NBA’s Most Valuable Teams

According to BBC, Forbes valued the Celtics because the fourth-most precious NBA franchise in 2023 at $6 billion. The Golden State Warriors are probably the most precious NBA staff, valued at $8.8 billion, adopted by the New York Knicks and Los Angeles Lakers.

Grousbeck’s Legacy and Transition Plan

Wyc Grousbeck and the present possession group, who purchased the Boston Celtics for $360 million in 2002, have presided over a profitable interval that included the staff’s document 18th NBA championship final 12 months after defeating the Dallas Mavericks.

Grousbeck will stay because the staff’s chief govt and governor till the top of the 2027-28 season to facilitate a transition of authority. Subsequently, Chisholm will assume full accountability for staff operations.

Shattering Records in North American Sports

Aside from exceeding the sale of the Phoenix Suns, the $6.1 billion sale of the Celtics even beat the earlier document of the Washington Commanders, which was bought for $6 billion.