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Boston Celtics sale is done. Bill Chisholm takes over as owner of NBA’s most-decorated franchise

  • On Tuesday, ownership of the Boston Celtics officially transferred to Bill Chisholm, a private equity investor, who now leads the NBA’s most successful franchise.
  • The team was put on the market last summer after winning its record 18th NBA championship, leading to Chisholm winning the bidding in March.
  • Chisholm secured ownership of the franchise with a bid exceeding $6.1 billion, setting a new record for an American sports team, a deal that received unanimous approval from the NBA last week.
  • On Tuesday, Chisholm completed the purchase of a controlling stake of at least 51% in the team, with plans to acquire full ownership by 2028; the deal could value the franchise at as much as $7.3 billion.
  • This sale marks a significant ownership transition after Wyc Grousbeck led a group that acquired the Celtics in 2002 and guided them to two NBA titles and 20 playoff appearances in 23 seasons.
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79 Articles

Central Maine NewsCentral Maine News
Reposted by
Portland Press HeraldPortland Press Herald
Center

Celtics ownership officially changes hands

Bill Chisholm finalizes a deal to take control of the team from Wyc Grousbec.

·Maine, United States
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+8 Reposted by 8 other sources
Center

Boston Celtics' new owner: Investment group takes control of team

"We are committed to building on the legacy of the Celtics and raising banners," the new owner and governor of the team said.

·Boston, United States
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U.S. News broke the news in New York, United States on Tuesday, August 19, 2025.
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